FirstService Corporation (FSV) Q3 2020 Earnings Call Transcript

FirstService Corporation (FSV) Q3 2020 Earnings Call Transcript

Total revenues for the quarter were up 10% over the prior year, comprising organic growth of 7% and the balance from acquisitions, primarily tuck unders to our commercial restoration platform, including Roland, which closed at the beginning of the third quarter and contributed healthy results. EBITDA was up 15% year-over-year and reflects 50 basis points of margin improvement, driven by higher margins at FirstService Residential and lower corporate costs.