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Stock impact report

ATSG Reports Fourth Quarter and Full-Year 2023 Results

Air Transport Services Group, Inc (ATSG) 
Last air transport services group, inc earnings: 3/2 04:46 pm Check Earnings Report
US:NASDAQ Investor Relations: atsginc.com/investor_relations.html
Company Research Source: Business Wire
Projects sharply lower 2024 capital expenditures, improving cash flow WILMINGTON, Ohio--(BUSINESS WIRE)--Air Transport Services Group, Inc. (Nasdaq: ATSG), the leading provider of medium wide-body freighter aircraft leasing, contracted air transportation, and related services, today reported consolidated financial results for the quarter and year ended December 31, 2023. Those results, as compared with the same periods in 2022, were as follows:Fourth Quarter ResultsRevenues $517 million, down 3%GAAP Loss per Share (basic) from Continuing Operations $0.24, down $0.82GAAP Pretax Loss from Continuing Operations $15.6 million, including $24.4 million non-cash settlement expense associated with the partial termination of a pension planAdjusted Pretax* Earnings $19.8 million, down 69%Adjusted EPS* $0.18, down $0.35Adjusted EBITDA* $129.9 million, down 20%Full Year 2023 ResultsRevenues $2.1 billion, up 1%GAAP EPS (basic) from Continuing Operations $0.87, down $1.80GAAP Pretax Earnings fro Show less Read more
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