Spirit Airlines (SAVE) Tops Q3 EPS by 5c
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Spirit Airlines Reports Third Quarter 2015 Pre-Tax Margin of 26.9 Percent
October 27, 2015 6:00 AM EDTMIRAMAR, Fla., Oct. 27, 2015 (GLOBE NEWSWIRE) -- Spirit Airlines, Inc. (NASDAQ: SAVE) today reported third quarter 2015 financial results.
Adjusted net income for the third quarter 2015 increased 31.6 percent to $97.3 million ($1.35 per diluted share) compared to the third quarter 20141. GAAP net income for the third quarter 2015 increased 44.9 percent year over year to $97.1 million ($1.35 per diluted share). Â Adjusted pre-tax margin for the third quarter 2015 increased 560 basis points to 26.9 percent. On a GAAP basis, pre-tax margin for the third quarter 2015 increased 760 basis points to 26.9 percent. Â Spirit ended the third quarter 2015 with unrestricted cash and cash equivalents of... MoreSpirit Airlines Reports Third Quarter 2015 Pre-Tax Margin of 26.9 Percent
October 27, 2015 6:00 AM EDTMIRAMAR, Fla., Oct. 27, 2015 (GLOBE NEWSWIRE) -- Spirit Airlines, Inc. (NASDAQ: SAVE) today reported third quarter 2015 financial results.
Adjusted net income for the third quarter 2015 increased 31.6 percent to $97.3 million ($1.35 per diluted share) compared to the third quarter 20141. GAAP net income for the third quarter 2015 increased 44.9 percent year over year to $97.1 million ($1.35 per diluted share). Â Adjusted pre-tax margin for the third quarter 2015 increased 560 basis points to 26.9 percent. On a GAAP basis, pre-tax margin for the third quarter 2015 increased 760 basis points to 26.9 percent. Â Spirit ended the third quarter 2015 with unrestricted cash and cash equivalents of... More