Student Trans (STB) Tops Q1 EPS by 1c

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Student Transportation Inc. Reports Fiscal 2015 First Quarter Results

November 6, 2014 8:33 AM EST

BARRIE, Ontario, Nov. 6, 2014 (GLOBE NEWSWIRE) -- Student Transportation Inc. ("STI" or the "Company") (TSX: STB) (Nasdaq: STB) today reported financial results for the first quarter of fiscal year 2015, ended September 30, 2014. All financial results are reported in US dollars except as otherwise noted. STI's first quarter results reflect the normal seasonality of the school bus transportation industry. Accordingly, the first quarter results are not considered to be indicative of the Company's annual results.

Revenue for the first quarter of fiscal 2015 increased to $88.5 million from $73.1 million, and Adjusted EBITDA*... More