Mesa Air: Fiscal Q1 Earnings Snapshot

Published February 9, 2023 1:16 PM

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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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MESA at https://www.zacks.com/ap/MESA

Article Topic Follows: AP National Business

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