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FirstService Corporation (FSV:CA) Q1 2026 Earnings Call T...
2026-04-24 · via All Articles on Seeking Alpha

FirstService Corporation (FSV:CA) Q1 2026 Earnings Call April 23, 2026 11:00 AM EDT

Company Participants

D. Patterson - President, CEO & Non-Independent Director
Jeremy Rakusin - Chief Financial Officer

Conference Call Participants

Stephen MacLeod - BMO Capital Markets Equity Research
Daryl Young - Stifel Nicolaus Canada Inc., Research Division
Stephen Sheldon - William Blair & Company L.L.C., Research Division
Erin Kyle - CIBC Capital Markets, Research Division
Tim James - TD Cowen, Research Division
Himanshu Gupta - Scotiabank Global Banking and Markets, Research Division

Presentation

Operator

Good day, and welcome to the first quarter investor conference call. [Operator Instructions] Today's call is being recorded. Legal counsel requires us to advise that the discussion scheduled to take place today may contain forward-looking statements that involve known and unknown risks and uncertainties. Actual results may be materially different from any future results, performance or achievements contemplated in the forward-looking statements. Additional information concerning factors that could cause actual results to materially differ from those in the forward-looking statements is contained in the company's annual information form as filed with the Canadian Securities Administrators and in the company's annual report on Form 40-F as filed with the U.S. Securities and Exchange Commission. As a reminder, today's call is being recorded. Today is April 23, 2026.

I would now like to turn the call over to Chief Executive Officer, Mr. Scott Patterson. Please go ahead, sir.

D. Patterson
President, CEO & Non-Independent Director

Thank you, Olivia. Good morning, everyone. Thank you for joining our Q1 conference call. We reported solid results this morning that were generally in line with expectations. I'll provide a high-level review, touch on some highlights and then pass to Jeremy Rakusin for a more in-depth discussion of the results.

Total revenues were up 5% over the prior year, with the organic growth accounting for over half