SkyWest (SKYW) Tops Q2 EPS by 35c

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SkyWest, Inc. Announces Second Quarter 2015 Results

July 30, 2015 4:01 PM EDT

ST. GEORGE, Utah, July 30, 2015 /PRNewswire/ -- SkyWest, Inc. ("SkyWest") (NASDAQ: SKYW) today reported financial and operating results for the quarter ended June 30, 2015. 

SkyWest generated $31.5 million of net income for Q2 2015, or $0.61 per diluted share.  This represents an improvement of $46.2 million from Q2 2014, which had a net loss of $(14.7) million, or $(0.29) per diluted share.  Operating income for Q2 2015 was $70 million, which represents SkyWest's best quarterly operating income since 2008.

SkyWest reported $41 million of net income for the first half of 2015, or $0.79 per diluted share, a $79 million improvement compared to... More