Air T, Inc. (AIRT) Reports Q3 EPS of $0.21
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Air T, Inc. Reports Unaudited Second Quarter Earnings
November 14, 2017 6:31 AM ESTDENVER, N.C., Nov. 14, 2017 /PRNewswire/ --Â Air T, Inc. (Air T) (NASDAQ: AIRT) today reported consolidated net income attributable to Air T, Inc. stockholders of $422,000 ($0.21 per diluted share) for the fiscal 2018 second quarter ended September 30, 2017 as compared to consolidated net income attributable to Air T, Inc. stockholders of $1,084,000 ($0.53 per diluted share) for the fiscal 2017 comparable period.
Consolidated revenues increased $10,339,000 (27%) from $38,523,000 to $48,861,000 for the quarter ended September 30, 2017 compared to the comparable quarter in the prior fiscal year. Consolidated operating income decreased $546,000 (53%) from operating income of $1,022,000 to operating income of $476,000 for the... More
