Transcontinental on a roll as first quarter results up 4% in revenue

In its first quarter, Transcontinental Inc. recorded a 4% increase in revenue company and an increase in adjusted operating income of 9%, despite significant foreign exchange losses. Net income grew by 69%, from $20.2 million Q1 of 2007 to $34.1 million in 2008. On a per-share basis, net income rose 71%, from $0.24 to $0.41.Consolidated revenues were $596 million, up from $572 million in the