Streetbeat News

SRFM

Surf Air Mobility Inc.

https://www.surfair.com

Industry

Airlines, Airports & Air Services

Surf Air Mobility Inc. operates as an electric aviation and air travel company in the United States. It offers an air mobility platform with scheduled routes and on demand charter flights operated by third parties; and air cargo services. The company is headquartered in Hawthorne, California.

Open

3.84

Mkt cap

62M

Volume

752K

High

4.12

P/E Ratio

-0.23

52-wk high

11.83

Low

3.70

Div yield

N/A

52-wk low

0.90

Surf Air Mobility Inc. plans to reduce potential future equity dilution by approximately 90% by shifting its financing strategy towards increased reliance on debt rather than equity. The company will amend its registration statement with GEM Global Yield LLC.

Portfolio Pulse from

December 12, 2024 | 12:00 pm

Surf Air Mobility Inc. (SRFM) held its Q3 2024 earnings conference call, discussing the company's financial performance and future outlook.

Portfolio Pulse from

November 15, 2024 | 12:45 am

Surf Air Mobility Inc. (SRFM) reported a Q3 loss of $0.94 per share, which was better than the expected loss of $1.05 per share. This is an improvement from the $6.44 per share loss reported a year ago.

Portfolio Pulse from

November 14, 2024 | 11:45 pm

Surf Air Mobility (NYSE: SRFM) has secured a $50 million Senior Secured Term Loan from Comvest Partners to support its transformation into a leading regional air mobility platform with software and electrified aircraft.

Portfolio Pulse from

November 14, 2024 | 4:00 pm

The article highlights the intraday movements of various industrial stocks on Friday. Notable gainers include ATIF Holdings, Simpple, Jet AI, Stem, Amprius Technologies, and Knightscope, while Baiyu Holdings, Turbo Energy, Ambipar Emergency, Surf Air Mobility, Team, and Ennis experienced declines.