Mesa Air Group (MESA) Reports Q4 Revenue of $125.6M, EPS of ($0.37)

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Go back to Mesa Air Group (MESA) Reports Q4 Revenue of $125.6M, EPS of ($0.37)

Mesa Air Group Reports Fourth Quarter and Fiscal Full-Year 2022 Results

December 29, 2022 4:00 PM EST

PHOENIX, Dec. 29, 2022 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) today reported fourth quarter and fiscal full-year 2022 financial and operating results.

Fiscal Fourth Quarter Update:

Total operating revenues of $125.6 millionPre-tax loss of $148.6 million, net loss of $115.6 million or $(3.18) per diluted shareAdjusted net loss1 of $13.5 million or $(0.37) per diluted shareAdjusted net loss excludes a $132.3 million non-cash (pre-tax) impairment loss related to the CRJ fleetNew industry-leading pilot pay agreement effective September... More