Surf Air Mobility Inc. (SRFM) Misses Q2 EPS by 15c, Misses on Revenue

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Go back to Surf Air Mobility Inc. (SRFM) Misses Q2 EPS by 15c, Misses on Revenue

Surf Air Mobility Reports Second Quarter Financial Results, Exceeding Expectations

August 14, 2024 4:05 PM EDT

Revenue of $32.4 million, up 13.2% Year-Over-Year on a Pro Forma Basis, Exceeding Expectations

Adjusted EBITDA Loss of $11.8 million as Compared with a Loss of $11.1 Million on a Pro Forma Basis in the Prior Year, Materially Outperforming Expectations

LOS ANGELES--(BUSINESS WIRE)-- Surf Air Mobility Inc. (NYSE: SRFM), a leading regional air mobility platform, today reported financial results for the second quarter ended June 30, 2024.

Our financial results for the second quarter demonstrate strong execution by the Surf Air Mobility team. Revenue exceeded our expectations... More