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Mesa Air: Fiscal Q1 Earnings Snapshot

Mesa Air: Fiscal Q1 Earnings Snapshot

By AP News
Published - Feb 09, 2023, 04:18 PM ET
Last Updated - Jun 22, 2023, 10:19 PM EDT

PHOENIX (AP) — PHOENIX (AP) — Mesa Air Group Inc. (MESA) on Thursday reported a loss of $9.1 million in its fiscal first quarter.

On a per-share basis, the Phoenix-based company said it had a loss of 25 cents. Losses, adjusted for non-recurring costs, came to 12 cents per share.

The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 52 cents per share.

The regional airline posted revenue of $147.2 million in the period.

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