Air T (AIRT) Q1 Earnings Increase Y/Y, Revenues Decline
Air T(AIRT) ZACKS·2024-08-17 02:51
Air T, Inc. (AIRT) reported a loss per share of 12 cents in the first quarter of fiscal 2025, narrower than the year-ago quarter’s loss of 19 cents per share.Revenues in DetailAir T registered revenues of $66.4 million in the fiscal first quarter, down 7% year over year.Lower revenues from Ground Equipment Sales (GGS) and Commercial Jet Engines and Parts segments dampened the topline.Segment DetailsAir T derives revenues from four segments — Overnight Air Cargo, GGS, Commercial Jet Engines and Parts and Cor ...