TSX:STB.DB.A - Post by User
Comment by
fellowshipon Feb 15, 2016 4:00pm
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Post# 24559858
RE:Time to Watch Student Transportation (T.STB)(STB)
RE:Time to Watch Student Transportation (T.STB)(STB) Second Quarter Fiscal 2016 Compared to Second Quarter Fiscal 2015:
- Revenues increased 6.3% to $167.4 million; at comparable foreign currency exchange rates, revenues increased 8.3%.
- Adjusted EBITDA* increased 15.3% to $41.5 million, representing an Adjusted EBITDA* margin of 24.8%, up from 22.9%.
- Net income increased 56.4% to $5.5 million, or $0.06 per share after a $1.2 million impairment charge related to the write-down of certain energy-related assets.
It was expected $0.04 increase and they outperformed by $0.02
and this after they wrote down imparment charge related expense. I think these are good results.