U.S. Markets open in 1 hr 53 mins

Westaim: 1Q Earnings Snapshot

TORONTO (AP) _ Westaim Corp. (WEDXF) on Wednesday reported first-quarter profit of $10.1 million.

On a per-share basis, the Toronto-based company said it had net income of 7 cents.

The investment company posted revenue of $1.4 million in the period.

The company's shares closed at $2.10. A year ago, they were trading at $2.39.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WEDXF at https://www.zacks.com/ap/WEDXF