Atlas Air Worldwide Holdings (AAWW) Reports Q1 EPS of $1.15, Offers Outlook

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Atlas Air Worldwide Reports First-Quarter Results, Updates Outlook

May 7, 2020 8:01 AM EDT

Results Reflect Global Demand for Airfreight and Impacts of COVID-19 PandemicReported Net Income Increased to $23.4 MillionAdjusted EBITDA Grew to $121.2 Million and Adjusted Net Income to $29.9 MillionExpects 2Q20 Earnings Growth

PURCHASE, N.Y., May 07, 2020 (GLOBE NEWSWIRE) -- Atlas Air Worldwide Holdings, Inc. (Nasdaq: AAWW) today announced first-quarter 2020 net income of $23.4 million, or $0.90 per diluted share, compared with a reported loss of $29.7... More