Mesa Air Group (MESA) Misses Q2 EPS by 24c

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Mesa Air Group Reports Second Quarter Fiscal 2023 Results

May 9, 2023 5:35 PM EDT

PHOENIX, May 09, 2023 (GLOBE NEWSWIRE) -- Mesa Air Group, Inc. (NASDAQ: MESA) today reported second quarter fiscal 2023 financial and operating results.

Fiscal Second Quarter Update:

Total operating revenues of $121.8 millionPre-tax loss of $37.2 million, net loss of $35.1 million or $(0.88) per diluted shareAdjusted net loss1 of $21.3 million or $(0.53) per diluted shareAdjusted net loss excludes $13.8 million primarily related to impairment of assets held for saleInitiated CRJ-900 transition to United Airlines in March, with last American Airlines flight operated... More