Mesa Air Group, Inc. reported earnings results for the second quarter and six months ended March 31, 2024. For the second quarter, the company reported sales was USD 113.82 million compared to USD 103.78 million a year ago. Revenue was USD 131.58 million compared to USD 121.83 million a year ago. Net income was USD 11.66 million compared to net loss of USD 35.12 million a year ago. Basic earnings per share from continuing operations was USD 0.28 compared to basic loss per share from continuing operations of USD 0.88 a year ago. Diluted earnings per share from continuing operations was USD 0.28 compared to diluted loss per share from continuing operations of USD 0.88 a year ago.
For the six months, sales was USD 214.92 million compared to USD 232.23 million a year ago. Revenue was USD 250.36 million compared to USD 269.01 million a year ago. Net loss was USD 46.19 million compared to USD 44.21 million a year ago. Basic loss per share from continuing operations was USD 1.13 compared to USD 1.16 a year ago. Diluted loss per share from continuing operations was USD 1.13 compared to USD 1.16 a year ago.