FirstService Corporation (TSE:FSV) has released an update.
FirstService Corporation announced a robust start to 2024, with a 14% increase in first-quarter revenues, hitting $1.16 billion. Despite this top-line growth, the company experienced a slight increase in adjusted EBITDA to $83.4 million and a decrease in adjusted EPS from $0.85 to $0.67. GAAP operating earnings also saw a dip compared to the previous year, with earnings per share falling to $0.14 from $0.36.
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