Virgin America (VA) Tops Q1 EPS by 10c

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Go back to Virgin America (VA) Tops Q1 EPS by 10c

Virgin America Reports First Quarter 2015 Earnings

April 30, 2015 8:30 AM EDT

SAN 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