Viad Corp Announces First Quarter Results

Viad Corp VVI today announced first quarter 2011 net income of $9.8 million, or $0.48 per diluted share. Viad's income before other items of $10.0 million, or $0.49 per diluted share, excludes net restructuring charges of $165,000 after tax. This compares to the company's prior guidance of income per share of $0.25 to $0.40 and the 2010 first quarter loss before other items of $0.02 per share.