Air T Reports FY24 Revenues Of $286.8M, Up 16% From Prior Year; Loss Per Share $(2.42) Vs $(4.32) Last Year
Portfolio Pulse from Benzinga Newsdesk
Air T reported FY24 revenues of $286.8 million, a 16% increase from the previous year. The company also reported a loss per share of $(2.42), an improvement from $(4.32) last year.
June 26, 2024 | 8:57 pm
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Air T reported a 16% increase in FY24 revenues to $286.8 million and an improved loss per share of $(2.42) compared to $(4.32) last year.
The significant increase in revenues and the improvement in loss per share indicate positive operational performance. This is likely to boost investor confidence and positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100