Mesa Air Group (MESA) Reports In-Line Q4 EPS, Revenues Beat

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Mesa Air Group Reports Fourth Quarter and Full-Year Fiscal 2019 Results

December 11, 2019 4:01 PM EST

PHOENIX, Dec. 11, 2019 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) today reported fourth quarter and full-year fiscal 2019 financial and operating results.

Highlights

Q4 EPS of $0.35 and Adjusted EPS1 of $0.36 Fiscal Year 2019 EPS of $1.36 and Adjusted EPS1 of $1.64Extended our $35 million secured credit facility for three yearsYear over Year Increases: Pre-tax income up 301% from $15.8 million to $63.3 million Net income up 43% from $33.3 million to $47.6 million Adjusted Pre-tax Income1 up 78% from... More