earnings
confidence high
sentiment neutral
materiality 0.80
Mesa Air reports Q4 FY2024 net loss $24.9M; announces all-stock merger with Republic
REPUBLIC AIRWAYS HOLDINGS INC.
2025-Q2 EPS reported
-$4.19
revenue$394,800,000
- Net loss of $24.9M ($0.60 per share); adjusted net loss $0.1M ($0.00 per share).
- Total operating revenues $115.3M, up $0.9M YoY; contract revenue $93.8M.
- Entered into definitive all-stock merger agreement with Republic Airways Holdings Inc.
- Completed sales of 18 E-175 aircraft to United for gross proceeds $227.7M; net proceeds $84.7M.
- Ended Q4 with $15.6M cash; as of March 31, 2025, cash increased to $54.1M.