FirstService: 2Q Earnings Snapshot
TORONTO (AP) _ FirstService Corp. (FSV) on Wednesday reported a second-quarter loss of $279 million, after reporting a profit in the same period a year earlier.
The Toronto-based company said it had a loss of $7.40 per share. Earnings, adjusted for non-recurring costs and non-recurring costs, came to $1.12 per share.
The property services provider posted revenue of $573.9 million in the period.
FirstService shares have increased 45% since the beginning of the year. The stock has increased 26% in the last 12 months.