Azul (AZUL) Reports Q2 EPS of ~$0.09 on Revenues on ~$539.7M
Azul (NYSE: AZUL) reported Q2 EPS of $0.09. Revenue for the quarter came in at $539.7 million.
Financial and Operating Highlights for 2Q17
- Revenue increased 19.3% to R$1.7 billion year over year*
- Operating income was R$104.9 million, representing a margin of 6.1% compared with R$1.3 million and a margin of 0.1% in 2Q16. This is a record second quarter operating result for Azul.
- EBITDAR increased 41% to R$476.1 million, representing a margin of 27.6%.
- Net loss totaled R$33.9 million, representing an improvement of R$86.2 million over 2Q16.
*Conversion Estimates of 1 Braizilian Real = $0.31
For earnings history and earnings-related data on Azul (AZUL) click here.
