secwatch.observer — SEC 8-K summary
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Issuer:     DELTA AIR LINES, INC. (DAL)
CIK:        0000027904
Form:       8-K
Filed at:   2023-04-13T23:59:59+00:00
Accession:  0001683168-23-002326
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Delta Q1 adjusted EPS $0.25, revenue $11.8B; expects record June quarter revenue
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- GAAP: net loss $363M ($0.57 loss per share); adjusted net income $163M ($0.25 EPS).
- Adjusted operating revenue $11.8B, up 45% YoY; operating margin 4.6%.
- Record March quarter operating cash flow $2.9B; free cash flow $1.9B; debt repayment $1.2B.
- June quarter guidance: record revenue, operating margin 14-16%, EPS $2.00-$2.25.
- Full-year 2023 guidance: EPS $5-$6, free cash flow >$2B.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/27904/000168316823002326/0001683168-23-002326-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/27904/000168316823002326/delta_8k.htm
  HTML page:      https://secwatch.observer/filing/0001683168-23-002326

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