Atlas Air Worldwide Reports Second-Quarter 2020 Results
Atlas Air Worldwide Holdings (AAWW)
Last atlas air worldwide holdings earnings: 2/20 08:00 am
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US:NASDAQ Investor Relations:
atlasair.com/holdings/investor-information.html
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Source: GlobeNewswire
Results Reflect Strong Airfreight Demand and Resilient Business Model Reported Net Income of $78.9 MillionAdjusted EBITDA of $247.0 Million and Adjusted Net Income of $123.2 MillionExpecting Third-Quarter and Full-Year 2020 Earnings Growth PURCHASE, N.Y., Aug. 06, 2020 (GLOBE NEWSWIRE) -- Atlas Air Worldwide Holdings, Inc. (Nasdaq: AAWW) today announced second-quarter 2020 net income of $78.9 million, or $3.01 per diluted share, compared with net income of $86.9 million, or $1.61 per diluted share, in the second quarter of 2019. On an adjusted basis, EBITDA totaled $247.0 million in the second quarter this year compared with $84.1 million in the second quarter of 2019. Adjusted net income in the second quarter of 2020 totaled $123.2 million, or $4.71 per diluted share, compared with $4.5 million, or $0.17 per diluted share, in the second quarter of 2019. “Revenue and earnings in the second quarter continued to exceed our expectations,” said Chief Executive Officer John W. Dietri
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