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0.0112359550561798 0.00187265917602996 -0.0116104868913857 -0.026123595505618 -0.00749063670411986 -0.0448501872659176 -0.054307116104869 -0.0657303370786518
Stock impact report

Mesa Air Group Reports Fourth Quarter and Fiscal Full-Year 2023 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
Fiscal Fourth Quarter Financial Update Total operating revenues of $114.4 million Pre-tax loss of $31.3 million, net loss of $28.3 million or $(0.69) per diluted share Adjusted net loss of $26.4 million or $(0.64) per diluted share Developments Subsequent to Fourth Quarter End Entered into agreements with United Airlines for amendments to CPA and credit agreements Increased block-hour rates in CPA projected to generate approximately $63.5 million in incremental revenue over next twelve months Sold or entered into agreements to sell excess CRJ-900 aircraft and related engines for combined gross proceeds of $198.0 million, which has been and will be used to pay down $174.3 million in debt Produced December block hours of 46,660, a 5% increase over the September quarter Jonathan Ornstein, Chairman and CEO, said, “While fiscal 2023 was a difficult year and conditions remain challenging, our recent announcements make us more optimistic for 2024. We expect our improved op Show less Read more
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