SkyWest (SKYW) Tops Q1 Expectations on Top and Bottom Line
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SkyWest, Inc. Announces First Quarter 2016 Profit
April 28, 2016 4:02 PM EDTST. GEORGE, Utah, April 28, 2016 /PRNewswire/ -- SkyWest, Inc. (NASDAQ: SKYW) today reported financial and operating results for the first quarter of 2016, including net income of $27 million or $0.52 per diluted share, up from net income of $10 million or $0.18 per diluted share in Q1 2015. Pre-tax income for the first quarter of 2016 was $45 million compared to $16 million in Q1 2015. Â
Operating income was $62 million, or 8.1% in operating margin, for the first quarter of 2016, compared to $34 million, or 4.5% in operating margin, in Q1 2015. The improvement in operating margin was primarily due to new aircraft added to... More
