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

1.80

Mkt cap

30M

Volume

57K

High

1.93

P/E Ratio

-0.12

52-wk high

11.83

Low

1.79

Div yield

N/A

52-wk low

0.90

During Friday's intraday session, several industrial stocks experienced significant movements. WANG & LEE Group's shares soared by 98.6%, while Babcock & Wilcox and Spirit Airlines also saw substantial gains. Conversely, ChargePoint Holdings, Surf Air Mobility, and other stocks such as Xos, Bitcoin Depot, Blink Charging, and Velo3D faced notable declines. Market caps and trading volumes varied, with some companies like iPower recently releasing Q1 earnings and others like Surf Air Mobility and Bitcoin Depot having released Q3 earnings in the past few days.

Portfolio Pulse from Benzinga Insights

November 17, 2023 | 5:31 pm

Surf Air Mobility forecasts its FY23 revenue to be between $107.5M and $112.5M, which is below the estimated $113.4M.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 9:25 pm

Surf Air Mobility reported a Q3 2023 EPS of $(1.36), an improvement from $(1.51) YoY. However, their revenue of $28.9M fell short of the $29.024M estimate.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 9:24 pm

The article lists a number of companies scheduled to report their earnings on November 14, 2023. It includes their expected quarterly results, with some companies anticipated to report profits per share and others expected to report losses. The revenues for each company are also provided, giving investors insights into the financial performance of these companies for the upcoming earnings announcements.

Portfolio Pulse from Benzinga Insights

November 14, 2023 | 1:23 pm

Surf Air Mobility Inc. (NYSE:SRFM) has filed a Form S-1 registration statement with the U.S. Securities and Exchange Commission, registering up to 300 million shares of Common Stock. This is part of the company's Share Subscription Facility with GEM, under which it has access to a total of $400 million. The company currently has $392.5 million remaining under this agreement. The registered shares will be used to request advances under the share subscription facility and satisfy other current obligations to register shares previously issued to GEM.

Portfolio Pulse from Benzinga Newsdesk

November 10, 2023 | 12:07 am

During Monday's intraday session, several industrials stocks experienced significant movements. Momentus, AERWINS Technologies, Skillsoft, Northrop Grumman, JE Cleantech Hldgs, and Kratos Defense & Security saw their stocks rise, while Tigo Energy, Electriq Power Holdings, ATIF Holdings, Surf Air Mobility, Intelligent Living, and Blink Charging experienced a decline in their stock prices.

Portfolio Pulse from Benzinga Insights

October 09, 2023 | 5:31 pm

FMW Media's business TV show, New to The Street, has signed a 12-part series agreement with Surf Air Mobility, Inc. (NYSE:SRFM). The series will include interviews and commercials about Surf Air Mobility's regional airline business and its development of electrified aircraft for green regional air mobility. The series will be aired on Newsmax, the FOX Business Network, and Bloomberg TV. Surf Air Mobility aims to accelerate the adoption of green flying by developing hybrid-electric and fully electric powertrain technology.

Portfolio Pulse from Benzinga Newsdesk

October 03, 2023 | 1:16 pm

The article reports on the movement of 11 industrial stocks in Friday's pre-market session. Notable gainers include Nauticus Robotics, Velo3D, Intuitive Machines, Surf Air Mobility, Applied UV, and OceanPal. On the other hand, Freight Technologies, JE Cleantech Hldgs, Capstone Green Energy, ESGL Holdings, and Ideanomics experienced a decrease in their share prices.

Portfolio Pulse from Benzinga Insights

September 29, 2023 | 1:06 pm

Surf Air Mobility (SRFM) has confirmed its exclusive relationship with Textron Aviation, a Textron Inc. (TXT) company, and announced an initial fleet order of 100 Cessna Grand Caravan EX aircraft, with an option for 50 more. Deliveries of the first 20 aircraft are expected to begin in the first half of 2024. The aircraft will be upgraded to Surf Air Mobility's proprietary electric or hybrid-electric powertrain technology. Surf Air Mobility aims to make electrified aircraft broadly available and bring the benefits of lower cost, lower emission air travel at scale to customers.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2023 | 12:09 pm

In Thursday's after-market session, several industrials stocks saw significant movement. Gainers included Intelligent Living (ILAG), Multi Ways Holdings (MWG), Molekule Group (MKUL), Redwire (RDW), Wheels Up Experience (UP), and Surf Air Mobility (SRFM). Losers included Flux Power Holdings (FLUX), Globus Maritime (GLBS), Xos (XOS), FiscalNote Holdings (NOTE), Azul (AZUL), and Skillsoft (SKIL).

Portfolio Pulse from Benzinga Insights

September 21, 2023 | 9:31 pm

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