PHOENIX (AP) — PHOENIX (AP) — Mesa Air Group Inc. (MESA) on Wednesday reported a loss of $47.6 million in its fiscal third quarter.

On a per-share basis, the Phoenix-based company said it had a loss of $1.17. Losses, adjusted for non-recurring costs, were 67 cents per share.

The results did not meet Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 33 cents per share.

The regional airline posted revenue of $114.7 million in the period.

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