News

FirstService posts 1st-quarter loss of $1.7 million

TORONTO – TORONTO (AP) _ FirstService Corp. (FSV) on Wednesday reported a loss of $1.7 million in its first quarter.

The Toronto-based company said it had a loss of 5 cents per share. Earnings, adjusted for amortization costs and pretax expenses, came to 8 cents per share.

The property services provider posted revenue of $307.6 million in the period.

FirstService shares have climbed slightly more than 7 per cent since the beginning of the year.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FSV at http://www.zacks.com/ap/FSV

_____

Keywords: FirstService, Earnings Report