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Reported its financial results today for the first quarter ended March 31, 2023. All amounts are expressed in U.S. dollars unless indicated otherwise. Facility service revenue increased 8.4% to $109.3 million. Income from operations was $13.5 million, an increase of 4.9% when excluding government stimulus income of $1.8 million in Q1 2022. EBITDA was $19.1 million, an increase of 6.3% when excluding government stimulus income of $1.8 million in Q1 2022. Medical Facilities Corporation shares T.DR are trading up $0.20 at $9.00.
Provided Content: Content provided by Baystreet. The Globe and Mail was not involved, and material was not reviewed prior to publication.
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