Virgin America (VA) Tops Q1 EPS by 10c
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Virgin America Reports First Quarter 2015 Earnings
April 30, 2015 8:30 AM EDTSAN FRANCISCO, April 30, 2015 /PRNewswire/ -- Virgin America (NASDAQ: VA) today reports its financial results for the first quarter of 2015. Key highlights from the first quarter include:
First quarter 2015 net income was $10.5 million excluding special items[1], an increase of $32.9 million from the first quarter of 2014. Operating income and operating margin excluding special items were $13.1 million and 4.0 percent, respectively. On a GAAP basis, net income was $12.8 million. This represents the first time in its history that Virgin America has recorded a profit in the first quarter of the year, and the... More