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0.163793103448276 0.181034482758621 0.120689655172414 0.0948275862068966 0.146551724137931 0.137931034482759 0.155172413793104 0.155172413793104
Stock impact report

Mesa Air Group Reports Second Quarter Fiscal 2024 Results

Mesa Air Group, Inc. (MESA) 
Last mesa air group, inc. earnings: 2/10 04:02 pm Check Earnings Report
Company Research Source: GlobeNewswire
PHOENIX, June 18, 2024 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) (“Mesa” or the “Company”) today reported second quarter fiscal 2024 financial and operating results. Second Quarter Fiscal 2024 Update: Total operating revenues of $131.6 millionPre-tax income of $11.7 million, net income of $11.7 million or $0.28 per diluted shareAdjusted net income1 of $6.3 million2 or $0.15 per diluted shareAdjusted EBITDAR1 of $28.2 millionFlew 99.85% controllable completion factor Additional Updates: Closed on additional five engines associated with RASPRO finance lease since June 2024 announcementRenegotiated operating lease on two CRJ aircraft into a fully amortized buyout lease, reducing payments by $9.5 million over life of lease “Our second quarter results have begun to demonstrate an improvement in our business and reflect our efforts over the past year-and-a-half to restructure and strengthen our operations, P&L, and balance sheet,” said Jonathan Ornstein, Chairman and CE Show less Read more
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