Copa Holdings (CPA) has released an update.
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Copa Holdings reported a net profit of $146 million in Q3 2024, despite a $28.4 million decrease from the previous year. The company’s capacity and passenger traffic increased, while operating margins and revenue per seat mile saw declines. Copa ended the quarter with a strong cash position of $1.3 billion, highlighting financial resilience amidst operational challenges.
For further insights into CPA stock, check out TipRanks’ Stock Analysis page.
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