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Stock impact report

Mesa Air Group Reports First Quarter Fiscal 2025 Results [Yahoo! Finance]

Mesa Air Group, Inc. (MESA) 
Last mesa air group, inc. earnings: 2/10 04:02 pm Check Earnings Report
Company Research Source: Yahoo! Finance
First Quarter Fiscal 2025 Update Total operating revenues of $103.2 million Pre-tax loss of $116.3 million, net loss of $114.6 million, or $(2.77) per diluted share Adjusted net loss of $4.0 million excludes a $112.4 million loss related to the impairment and loss on sale of aircraft Adjusted EBITDAR of $12.6 million Operated at a 100.00% controllable completion factor Scheduled utilization for the quarter of 8.9 block hours per day “Mesa continued to have strong operational performance during the December 2024 quarter,” said Jonathan Ornstein, Mesa Chairman and CEO. “We are pleased to have flown a 100% controllable completion factor for United. We continued to make financial progress and generated positive adjusted EBITDA and adjusted EBITDAR for the fifth consecutive quarter, highlighting improving operating profitability as we continued to wind down our CRJ operations.” “Working closely with United's network planning group, Mesa anticipates block hour utilization w Show less Read more
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