Spirit Airlines, Inc. (SAVE) Tops Q2 EPS by 2c

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Go back to Spirit Airlines, Inc. (SAVE) Tops Q2 EPS by 2c

Spirit Airlines Announces Record Second Quarter 2014 Results: Second Quarter 2014 Adjusted Net Income Increases 45.2 Percent to $66.5 Million

July 29, 2014 6:00 AM EDT

MIRAMAR, Fla., July 29, 2014 (GLOBE NEWSWIRE) -- Spirit Airlines, Inc. (Nasdaq: SAVE) today reported second quarter 2014 financial results.

Adjusted net income for the second quarter 2014 increased 45.2 percent to $66.5 million ($0.91 per diluted share) compared to $45.8 million ($0.63 per diluted share) for the second quarter 20131. GAAP net income for the second quarter 2014 was $64.8 million ($0.88 per diluted share) compared to $42.1 million ($0.58 per diluted share) in the second quarter 2013.   For the second quarter 2014, Spirit achieved an adjusted pre-tax margin of 21.3 percent compared to 17.8 percent over the same period in 20131. On a GAAP basis, pre-tax margin for the second... More