Market Intelligence

Mesa Air Group Q1 Profit Down

Stock performance with laptop and calculator

(RTTNews.com) - Mesa Air Group Inc. ( MESA ) reported first-quarter net income of $19.1 million, or $0.55 per share, compared to net income of $22.6 million or $0.96 per share last year.

The prior year result included a $22.4 million favorable tax adjustment related to the Tax Cuts and Jobs Act.

Excluding special items adjusted net income was $19.1 million compared to $0.2 million last year.

Total operating revenues grew to $178.16 million from $164.68 million last year.

Read the original article on RTTNews (http://www.rttnews.com/2975963/mesa-air-group-q1-profit-down.aspx)

For comments and feedback: contact editorial@rttnews.com


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story

MESA

Other Topics

Stocks Earnings