Sky Harbour Q3 revenue up 481% YoY; $42.8M PIPE closed; leasing advances

Sky Harbour Group Corp

2023-Q3 EPS reported -$0.37 revenue$5,337,000

Q3 2023 revenue increased 481% YoY and 45% QoQ; SG&A down 1% YoY.
Net cash used in operations improved to $6.2M for nine months (from $25.3M); Q3 was under $1M.
Cash and equivalents ~$130M at Sep 30; $42.8M PIPE common stock closed Nov 2.
Houston 94%, Nashville 86%, Miami 63% leased; full occupancy expected by end Q4 2023.
New Chicago Executive ground lease signed; exclusive negotiations at five more target airports.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Sky Harbour Group Corp reported financial results for the three and nine months ended September 30, 2023.

Period: the three and nine months ended September 30, 2023
Result: reported results

Exact text from the filing

On November 9, 2023, Sky Harbour Group Corporation (the “Company”), issued a press release announcing its financial results for the three and nine months ended September 30, 2023.

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Sky Harbour Group Corp filing history →

Source: SEC EDGAR

accession 0001437749-23-031968

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