Air T, Inc. (AIRT) Reports Q2 EPS of $1.58
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Air T, Inc. Reports Unaudited Second Quarter Earnings
November 6, 2015 8:00 AM ESTMAIDEN, N.C., Nov. 6, 2015 /PRNewswire/ --Â Air T, Inc. (Air T) (NASDAQ: AIRT) today reported consolidated net earnings of $3,794,000 ($1.58 per diluted share) for fiscal 2016's second quarter ended September 30, 2015 compared to consolidated net earnings of $1,818,000 ($0.77 per diluted share) for the similar fiscal 2015 period.
Consolidated revenue increased by $10,029,000 (29%) to $44,654,000 for the quarter ended September 30, 2015 compared to $34,625,000 in the same quarter in the prior fiscal year. Consolidated operating income increased by $2,908,000 (112%) to $5,505,000 for the quarter ended September 30, 2015, as compared to $2,597,000 the same quarter in the prior fiscal year.
Ground equipment sales revenue... More
