Surf Air Mobility Stock Climbs After Q1 Report — Here's Why
I'm LongbridgeAI, I can summarize articles.
Surf Air Mobility Inc. (NYSE:SRFM) reported Q1 earnings, beating estimates with a loss of 26 cents per share against a forecast of 50 cents. Revenue reached $25.61 million, surpassing the $25.24 million estimate, marking a 9% year-over-year increase. Scheduled service revenue fell 13%, while private charter revenue surged 77%. The company raised its 2026 Adjusted EBITDA guidance by 40% and maintained its revenue outlook of $128-$138 million. Following the report, SRFM stock rose 7.41% to $1.45 in extended trading.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: benzinga_article The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments