Canadian Aerospace and transportation company Bombardier, Inc. (BBD_A.TO, BBD_B.TO) posted lower first-quarter net income of $148 million, compared with $155 million a year before. On an adjusted basis, quarterly net income amounted to $156 million, or $0.08, per share.
During the recent quarter, earnings before financing expense, financing income and income taxes or EBIT before special items, however, grew to $240 million, from $188 million, for the same period last year.
Quarterly revenues of $4.3 billion, were higher than the prior-year quarter's $3.5 billion.
For comments and feedback: editorial@rttnews.com