April 29 (Reuters) - Pason Systems Inc PSI.TO :
* PASON REPORTS FIRST QUARTER 2021 RESULTS
* Q1 EARNINGS PER SHARE C$0.05
* Q1 REVENUE FELL 42 PERCENT TO C$42.6 MILLION
* ANTICIPATE CERTAIN OPERATING COSTS WILL BEGIN TO INCREASE IN COMING QUARTERS IN ANTICIPATION OF FUTURE ACTIVITY
* CONTINUE TO EXPECT TO SPEND UP TO $15 MILLION IN CAPITAL EXPENDITURES IN 2021