AerSale Corporation (ASLE) Misses Q3 EPS by 9c, Misses on Revenue

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Go back to AerSale Corporation (ASLE) Misses Q3 EPS by 9c, Misses on Revenue

AerSale Reports Third Quarter 2024 Results

November 7, 2024 4:05 PM EST

Third Quarter 2024 Highlights

Revenue of $82.7 million versus $92.5 million in the prior year period. GAAP net income of $0.5 million versus GAAP net loss of $0.1 million in the prior year period. Adjusted Net Income of $1.8 million versus Adjusted Net Income of $0.9 million in the prior year period. Adjusted EBITDA1 of $8.2 million versus $1.9 million in the prior year period. Flight equipment sales consisted of five engines and no aircraft compared to seven engines and a passenger-to-freighter (P2F) converted Boeing 757 aircraft in the prior year period. Feedstock acquisitions of $42 million and additional $45 million... More