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Stock impact report

Mesa Air Group Announces Second Quarter Fiscal Year 2019 Results

Mesa Air Group, Inc. (MESA) 
Last mesa air group, inc. earnings: 2/10 04:02 pm Check Earnings Report
Company Research Source: GlobeNewswire
PHOENIX, May 09, 2019 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) today reported second quarter Fiscal Year 2019 financial and operating results. Highlights for Second Quarter Fiscal Year 2019 (ending March 31, 2019) Net Income of $13.2 million or $0.38 per diluted shareAdjusted Net Income1 of $16.0 million or $0.46 per diluted share Pre-tax income of $17.3 million compared to $3.0 million for Q2 FY 2018Adjusted Pre-tax income1 of $21.0 million compared to $3.0 million for Q2 FY 2018 Block hours up 14.5% compared to Q2 FY 2018 Contract Revenue up by 8.5% compared to Q2 FY 2018 Extinguished existing and issued new spare engine debt at lower interest rates Mesa’s Q2 2019 results reflect net income of $13.2 million, or $0.38 per diluted share, compared to net income of $2.4 million, or $0.10 per diluted share for Q2 2018. Excluding special items, adjusted net income1 was $16.0 million for Q2 2019, or $0.46 per diluted share, compared to $2.4 million, or $0.10 per diluted Show less Read more
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