AerSale Corporation (ASLE) Misses Q3 EPS by 8c; Offers FY22 Revenue Guidance
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AerSale Reports Third Quarter 2022 Results
November 8, 2022 4:05 PM ESTThird Quarter 2022 Highlights
Lower quarterly revenue and earnings due to timing of flight equipment sales. Year-to-date sales up 40.1% to $313.4 million. Year-to-date basic EPS up 13.6%; Adjusted basic EPS up 4.1%. Year-to-date Adjusted EBITDA up 16.2% Third quarter revenue of $51.0 million, compared to $73.3 million in the prior year period. Third-quarter GAAP net loss of $9.0 million versus GAAP net loss of $1.6 million in prior year period. Adjusted Net Loss of $1.9 million in the third quarter, versus Adjusted Net Income of $9.2 million in prior year period. Third quarter Adjusted EBITDA of $(0.5)... More