Air T Third Quarter 2024 Earnings: US$1.06 loss per share (vs US$0.21 loss in 3Q 2023)

Air T (NASDAQ:AIRT) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$63.8m (up 3.8% from 3Q 2023).
• Net loss: US$2.98m (loss widened by 405% from 3Q 2023).
• US$1.06 loss per share (further deteriorated from US$0.21 loss in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Air T shares are down 11% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 2 warning signs for Air T (1 doesn't sit too well with us!) that you need to be mindful of.

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