11:25 AM EDT, 05/08/2025 (MT Newswires) -- Medical Facilities ( MFCSF ) was trading lower early on Thursday despite reporting a swing to profit in the first quarter.

The company reported earnings share of US$0.17, compared with a loss per share of US$0.01. EPS was expected to be $0.22 according to a consensus estimate compiled by FactSet.

Facility service revenue remained relatively flat at $81.7 million, but that was below one forecast at FactSet of $82.8 million.

"Despite recent economic uncertainty, our first quarter results were on par with the strong first quarter we had a year ago," said Chief Executive Jason Redman. "... the biggest highlight of the quarter was the continued return of capital to our shareholders, having returned $42.3 million of our proceeds from the sale of Black Hills Surgical Hospital through our SIB."

Shares of the company were last seen down $0.22 at $14.94 on the Toronto Stock Exchange.

Price: 14.94, Change: -0.22, Percent Change: -1.45