Spirit Airlines (SAVE) Tops Q4 EPS by 2c

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Spirit Airlines Announces Fourth Quarter and Full Year 2014 Results; Capacity Growth of 17.9 Percent Contributes to Adjusted Net Income Growth of 33.3 Percent for Full Year 2014

February 10, 2015 6:30 AM EST

MIRAMAR, Fla., Feb. 10, 2015 (GLOBE NEWSWIRE) -- Spirit Airlines, Inc. (Nasdaq: SAVE) today reported fourth quarter and full year 2014 financial results.

Adjusted net income for the fourth quarter 2014 increased 43.2 percent to $58.7 million ($0.80 per diluted share) compared to the fourth quarter 20131. GAAP net income for the fourth quarter 2014 increased 29.4 percent year over year to $55.9 million ($0.76 per diluted share). Adjusted net income for the full year 2014 increased 33.3 percent year over year to $236.7 million ($3.23 per diluted share)1. GAAP net income for the full year 2014 increased 27.4 percent year over year to $225.5 million ($3.08 per diluted share).... More