Pason Reports First Quarter 2013 Results

About this update from Pason Systems Inc.

[{"type":"text","content":"\n\n\n\n\n\nCALGARY, May 1, 2013 /CNW/ - Pason Systems Inc. (PSI.TO) announced today\n its 2013 first quarter results.\n\n\nPerformance Data\n\n\n\n\nThree Months Ended March 31,\n\n\n2013\n\n\n \n\n\n2012\n(reclassified)\n(restated)\n\n\n \n\n\nChange\n\n\n\n\n(CDN 000s, except per share data)\n\n\n($)\n\n\n \n\n\n($)\n\n\n \n\n\n(%)\n\n\n\n\nRevenue (1)\n\n\n109,267\n\n\n \n\n\n115,145\n\n\n \n\n\n(5)\n\n\n\n\nEBITDA (2)\n\n\n59,790\n\n\n \n\n\n64,146\n\n\n \n\n\n(7)\n\n\n\n\n \n\n\nAs a % of revenue\n\n\n54.7\n\n\n \n\n\n55.7\n\n\n \n\n\n(2)\n\n\n\n\n \n\n\nPer share - basic\n\n\n0.73\n\n\n \n\n\n0.78\n\n\n \n\n\n(6)\n\n\n\n\n \n\n\nPer share - diluted\n\n\n0.72\n\n\n \n\n\n0.78\n\n\n \n\n\n(8)\n\n\n\n\nFunds flow from operations (2)\n\n\n47,835\n\n\n \n\n\n51,707\n\n\n \n\n\n(7)\n\n\n\n\n \n\n\nPer share - basic\n\n\n0.58\n\n\n \n\n\n0.63\n\n\n \n\n\n(8)\n\n\n\n\n \n\n\nPer share - diluted\n\n\n0.58\n\n\n \n\n\n0.63\n\n\n \n\n\n(8)\n\n\n\n\nEarnings (3)\n\n\n29,608\n\n\n \n\n\n29,073\n\n\n \n\n\n2\n\n\n\n\n \n\n\nPer share - basic\n\n\n0.36\n\n\n \n\n\n0.35\n\n\n \n\n\n3\n\n\n\n\n \n\n\nPer share - diluted\n\n\n0.36\n\n\n \n\n\n0.35\n\n\n \n\n\n3\n\n\n\n\nCapital expenditures\n\n\n13,939\n\n\n \n\n\n19,483\n\n\n \n\n\n(28)\n\n\n\n\nWorking capital (3)\n\n\n190,487\n\n\n \n\n\n155,515\n\n\n \n\n\n22\n\n\n\n\nTotal assets\n\n\n509,914\n\n\n \n\n\n469,546\n\n\n \n\n\n9\n\n\n\n\nTotal long-term debt\n\n\n—\n\n\n \n\n\n—\n\n\n \n\n\n—\n\n\n\n\nTotal equity\n\n\n393,505\n\n\n \n\n\n395,113\n\n\n \n\n\n—\n\n\n\n\nMarket capitalization\n\n\n1,453,926\n\n\n \n\n\n1,150,273\n\n\n \n\n\n26\n\n\n\n\nCash dividends declared (4)\n\n\n0.13\n\n\n \n\n\n—\n\n\n \n\n\n—\n\n\n\n\nCommon shares outstanding (#)\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\n \n\n\nBasic\n\n\n82,050\n\n\n \n\n\n81,916\n\n\n \n\n\n—\n\n\n\n\n \n\n\nDiluted\n\n\n82,928\n\n\n \n\n\n82,445\n\n\n \n\n\n1\n\n\n\n\nShares outstanding end of period (#)\n\n\n82,050\n\n\n \n\n\n81,928\n\n\n \n\n\n—\n\n\n\n\n\n\n\n\n\n(1) ...

More updates from Pason Systems Inc.