Saker Aviation Services, Inc. Announces Financial Results for the Three Months Ended March 31, 2019
SAKER AVIATION SVCS (SKAS)
NASDAQ:AMEX Investor Relations:
sakeraviation.com/investor-relations
Company Research
Source: GlobeNewswire
Revenue of $2.1 Million in 2019 Flat Versus $2.1 Million in 2018 Net Income of $52,000 in 2019 Up $276,000 Versus Net Loss of $224,000 in 2018 NEW YORK, May 15, 2019 (GLOBE NEWSWIRE) -- Saker Aviation Services, Inc. (OTCQB:SKAS), an aviation services company specializing in ground-based services to the general aviation marketplace, today announced its financial results for the three months ended March 31, 2019. Revenue in the three months ended March 31, 2019 of $2,072,722, was virtually unchanged from $2,078,489 in the same period in 2018. Net income in the three months ended March 31, 2019 of $52,336, an increase of $275,899 as compared to a net loss of $223,563 in the three months ended March 31, 2018. “We are pleased to start the year so solidly in 2019,” stated Ron Ricciardi, the Company’s president & CEO. “We enjoyed about $30,000 in non-recurring operating income this year as compared to 2018. Excluding this amount, however, still reflects significant improvem
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