secwatch.observer — SEC 8-K summary
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Issuer:     SKYWEST INC (SKYW)
CIK:        0000793733
Form:       8-K
Filed at:   2024-07-25T23:59:59+00:00
Accession:  0001558370-24-010174
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SkyWest Q2 net income $76M ($1.82 EPS) vs $15M ($0.35) YoY; revenue up 19%
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- Net income of $76M ($1.82 diluted EPS) compared to $15M ($0.35) in Q2 2023.
- Revenue $867M, up 19% from $726M YoY; block hour production increased 12%.
- Took delivery of eight E175s under United Airlines agreement in Q2; 11 total in H1 2024.
- Cash and marketable securities $834M; total debt reduced to $2.8B from $3.0B at Dec 31, 2023.
- Repurchased 177k shares for $13.3M in Q2; $69M remaining under buyback program.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/793733/000155837024010174/0001558370-24-010174-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/793733/000155837024010174/skyw-20240725x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-010174

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer