SkyWest (SKYW) Tops Q1 EPS by 21c
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SkyWest, Inc. Announces First Quarter 2015 Earnings
April 30, 2015 4:05 PM EDTST. GEORGE, Utah, April 30, 2015 /PRNewswire/ -- SkyWest, Inc. ("SkyWest") (NASDAQ: SKYW) today reported financial and operating results for the quarter ended March 31, 2015.Â
SkyWest generated $9.6 million of net income, or $0.18 per diluted share, for Q1 2015. This represents an after-tax improvement of $32.5 million from Q1 2014, which had a net loss of $(22.9) million, or $(0.44) per diluted share.
Q1 2015 Financial Highlights
Pre-tax income increased $59 million from Q1 2014 primarily due to improved operating performance, additional flying contracts and improved recovery from weather disruptions. SkyWest generated $100 million in EBITDA in Q1 2015,... More