Blade Air Mobility Announces Fourth Quarter 2024 Results [Yahoo! Finance]
Blade Air Mobility, Inc. - Class A (BLDE)
Company Research
Source: Yahoo! Finance
Full-year Passenger Segment Adjusted EBITDA of $3.6 million in 2024 represents an $8.6 million increase versus the prior year Q4 revenue increased versus the prior year to $54.4 million in 2024. Excluding Canada, which we exited in August 2024, revenue increase d ver sus the prior year period Net loss improved by $24.1 million versus the prior year to $(9.8) million in Q4 2024; Adjusted EBITDA improved by $4.9 million versus the prior year to $(0.4) million in Q4 2024 Medical Segment Adjusted EBITDA improved to $5.5 million in Q4 2024 versus the prior year Reaffirming guidance for double-digit millions of Adjusted EBITDA in 2025 NEW YORK, March 13, 2025 (GLOBE NEWSWIRE) -- Blade Air Mobility, Inc. (Nasdaq: BLDE, "Blade" or the "Company"), today announced financial results for the fourth quarter ended December 31, 2024. GAAP FINANCIAL RESULTS (in thousands except percentages, unaudited) Three Months Ended December 31, Year Ended December 31, % Change % Change R
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