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First Onsite Restoration Enhances Geographic Footprint in Growing Southeast U.S. Region
Newsfilter· 2024-04-10 11:30
TORONTO, April 10, 2024 (GLOBE NEWSWIRE) -- FirstService Corporation (NASDAQ:FSV) ("FirstService") announced today that its subsidiary, First Onsite Property Restoration ("First Onsite"), has recently acquired All Restoration Solutions, LLC ("ARS" or the "Company"). The executive leaders of ARS will continue to hold a minority equity stake and oversee day-to-day operations. Terms of the transaction were not disclosed. Established in 2006 and based in Atlanta, Georgia, ARS is a leading provider of commercial ...
FirstService Announces Election of Directors
Newsfilter· 2024-04-03 20:15
TORONTO, April 03, 2024 (GLOBE NEWSWIRE) -- FirstService Corporation (TSX:FSV) (NASDAQ:FSV) ("FirstService") today announced that at its annual meeting of shareholders, held virtually earlier today, the eight director nominees listed in FirstService's management information circular dated February 23, 2024 (the "Circular") were elected as directors of FirstService. Directors have been elected to serve until the close of the next annual meeting of shareholders. The detailed results of the vote are set out be ...
FirstService Corporation Announces Upcoming Meeting and Financial Reporting Dates
Newsfilter· 2024-03-21 11:30
Annual Meeting of Shareholders on April 3, 2024 Release of First Quarter 2024 Results on April 24, 2024 TORONTO, March 21, 2024 (GLOBE NEWSWIRE) -- FirstService Corporation (NASDAQ:FSV) ("FirstService") announced today that it will hold its Annual Meeting of Shareholders on Wednesday, April 3, 2024 at 11:00 a.m. ET. The meeting will be webcast live and can be either accessed via FirstService's website at www.firstservice.com in the "Investors" section under the "Newsroom" tab prior to the meeting or by acce ...
FirstService Residential Further Enhances Market Leadership Position in Florida
Newsfilter· 2024-02-27 12:30
TORONTO, Feb. 27, 2024 (GLOBE NEWSWIRE) -- FirstService Corporation (NASDAQ:FSV) ("FirstService") announced today that FirstService Residential, the North American property management leader, has recently acquired a controlling interest in Rizzetta & Company ("Rizzetta" or the "Company"). William "Bill" Rizzetta, Founder and President, will retain a significant equity stake in the Company and will continue to lead its operations. Terms of the transaction were not disclosed. Based in Tampa, Florida and found ...
FirstService(FSV) - 2023 Q4 - Earnings Call Transcript
2024-02-06 22:58
Conference Call Participants Tom Callaghan - RBC I would like to turn the call over to Chief Executive Officer, Mr. Scott Patterson. Please go ahead. We've had some time now to reflect on these results for the year, and we could not be more proud of our teams for how they performed. 2023 represents the third consecutive year with organic growth at 10%, and that is a reflection on our teams and their ability to consistently gain market share. Let me go through each segment and I'll start with restoration, wh ...
FirstService(FSV) - 2023 Q4 - Annual Report
2024-02-05 16:00
EXHIBIT 99.1 FirstService Reports Fourth Quarter and Full Year Results Double-Digit Annual Revenue and Operating Earnings Growth Operating highlights: | | | Three months ended | | Year ended | | | --- | --- | --- | --- | --- | --- | | | | December 31 | | December 31 | | | | 2023 | 2022 | 2023 | | 2022 | | Revenues (millions) | $ 1,079.3 $ | 1,020.1 $ | 4,334.5 $ | | 3,745.8 | | Adjusted EBITDA (millions) (note 1) | 103.3 | 102.5 | 415.7 | | 351.7 | | Adjusted EPS (note 2) | 1.11 | 1.22 | 4.66 | | 4.24 | | G ...
FirstService(FSV) - 2023 Q3 - Earnings Call Transcript
2023-10-26 20:30
Very helpful. Thanks guys. Awesome. Thanks. I will turn it back. Thank you, Michelle and thank you all for joining us today. We look forward to our Q4 and year-end report in early February. Take care. In the case of restoration, I would say that our activity would be slowing. Our footprint is starting to fill out. And we will become more of an organic growth engine as we have been and are at FirstService Residential. We still have white space that we are focused on. But I would see the next few years wonÂ't ...
FirstService(FSV) - 2023 Q3 - Quarterly Report
2023-10-25 16:00
EXHIBIT 99.1 FirstService Reports Third Quarter 2023 Results Strong Organic Top-Line Growth Drives Financial Performance Operating highlights: | | Three months ended | | | | Nine months ended | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | September 30 | | | | September 30 | | | | | | 2023 | | | 2022 | 2023 | | | 2022 | | Revenues (millions) | $ | 1,117.1 | $ | 960.5 | $ | 3,255.3 | $ | 2,725.7 | | Adjusted EBITDA (millions) (note 1) | | 111.9 | | 95.5 | | 312.4 | | 249.2 | | Adjusted EP ...
FirstService(FSV) - 2023 Q2 - Earnings Call Transcript
2023-07-27 20:48
Thank you. [Operator Instructions] And our next question is coming from Matthew Filek of William Blair. Your line is open. Scott Patterson Yes, thatÂ's helpful color. Thank you for that. And then I was just looking for an update on the restoration technology platform and how thatÂ's progressing relative to your expectations? And what that platform could mean for margins in the Brands segment and if it could move the needle any? Matthew Filek It will be down quite a bit. We are through most of our backlog fr ...
FirstService(FSV) - 2023 Q2 - Quarterly Report
2023-07-26 16:00
EXHIBIT 99.1 FirstService Reports Second Quarter 2023 Results Significant Earnings Growth Driven by Continued Top-Line Strength Operating highlights: About FirstService Corporation FirstService Corporation is a North American leader in the essential outsourced property services sector, serving its customers through two industry-leading service platforms: FirstService Residential - North America's largest manager of residential communities; and FirstService Brands - one of North America's largest providers o ...