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FirstService Corporation (FSV) Q2 2021 Earnings Call Transcript

FirstService Corporation (FSV) Q2 2021 Earnings Call Transcript
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FirstService Corporation (FSV) Q2 2021 Earnings Call Transcript

FirstService Corporation (FSV) Q2 2021 Earnings Call Transcript
fool.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fool.com Daily Mail and Mail on Sunday newspapers.

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FirstService Reports Strong First Quarter Results

TORONTO, April 27, 2021 (GLOBE NEWSWIRE) FirstService Corporation (TSX:FSV, NASDAQ:FSV) today reported strong results for its first quarter ended March 31, 2021. All amounts are in US dollars.
Consolidated revenues for the first quarter were $711.1 million, up 12% relative to the same quarter in the prior year, with organic growth accounting for half of the increase. Adjusted EBITDA (note 1) increased 36% to $59.8 million, and Adjusted EPS (note 2) was $0.66, representing 78% growth over the prior year quarter. GAAP Operating Earnings were $33.9 million, relative to $16.0 million in the prior year period. GAAP diluted earnings per share was $0.50 per share in the quarter, versus $0.13 in the same quarter a year ago. ....

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