Garda World Posts Rise In Q1 Profit

Canada's Garda World Security Corp GWDAF reported a rise in its first-quarter profit. Garda World's quarterly net income climbed to C$6.3 million, or 20 Canadian cents per share, versus C$4.5 million, or 14 Canadian cents per share, in the year-ago period. Its revenue gained 12% to C$321 million, while revenue from emerging markets at Garda's security solutions arm surged 85% to C$36 million.