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Air T Stock Rises Post Q2 Earnings on Higher Revenue, Operating Income
ZACKS· 2024-11-14 18:20
Shares of Air T, Inc. (AIRT) have gained 23.1% since the company reported its earnings for the quarter ended Sept. 30, 2024. This compares to the S&P 500 index’s -0.3% change over the same time frame. Over the past month, the stock gained 10.4% compared with the S&P 500’s 3.3% change.In the second quarter of fiscal 2025, Air T reported revenues of $81.2 million, up 2.9% from $78.9 million in the year-ago period. Operating income surged to $3.9 million from $0.8 million, a 412.4% increase over the previous y ...
Air T(AIRT) - 2025 Q2 - Quarterly Results
2024-11-12 21:36
______________________________________________________________________________ UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 ______________________________________________________________________________ FORM 8-K ______________________________________________________________________________ CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of report (Date of earliest event reported): November 12, 2024 __________________________________________ ...
Air T(AIRT) - 2025 Q2 - Quarterly Report
2024-11-12 21:30
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark one) ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the quarterly period ended September 30, 2024 ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the transition period from _____to _____ Commission File Number 001-35476 Air T, Inc. (Exact name of registrant as specified in its charter) Delaware 52-1206400 (State or other jurisdi ...
Air T (AIRT) Q1 Earnings Increase Y/Y, Revenues Decline
ZACKS· 2024-08-16 18:51
Air T, Inc. (AIRT) reported a loss per share of 12 cents in the first quarter of fiscal 2025, narrower than the year-ago quarter's loss of 19 cents per share. Revenues in Detail Air T registered revenues of $66.4 million in the fiscal first quarter, down 7% year over year. Lower revenues from Ground Equipment Sales (GGS) and Commercial Jet Engines and Parts segments dampened the topline. Segment Details Air T derives revenues from four segments — Overnight Air Cargo, GGS, Commercial Jet Engines and Parts an ...
Air T(AIRT) - 2025 Q1 - Quarterly Report
2024-08-14 20:35
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark one) ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the quarterly period ended June 30, 2024 ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the transition period from _____to _____ Commission File Number 001-35476 Air T, Inc. (Exact name of registrant as specified in its charter) Delaware 52-1206400 (State or other jurisdiction ...
Air T's (AIRT) Fiscal 2024 Earnings, Revenues Improve Y/Y
ZACKS· 2024-06-27 17:50
Air T, Inc. (AIRT) delivered a loss per share of $2.42 at the end of fiscal 2024, narrower than $4.32 at the end of fiscal 2023. Revenues in Detail Air T registered revenues of $286.8 million at the end of fiscal 2024, up 15.9% from the comparable fiscal 2023 period. Robust performances by the majority of the segments drove the topline. Segment Details Air T's operations consist of four business segments — Overnight Air Cargo, Ground Equipment Sales (GGS), Commercial Jet Engines and Parts and Corporate and ...
Air T(AIRT) - 2024 Q4 - Annual Report
2024-06-26 21:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark one) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended March 31, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-35476 Air T, Inc. registrant as specified in its charter) | --- | |--------------------------------| | | | (Exact name | | Delaware | | ...
Zacks Initiates Coverage of Air T With Neutral Recommendation
ZACKS· 2024-05-30 13:36
Zacks Investment Research has recently initiated coverage of Air T, Inc. (AIRT) , assigning a "Neutral" recommendation to the company's shares. This assessment comes amid a mixed outlook for the company, which has been making notable strides in the aviation space despite industry challenges. Air T, presently operating from Charlotte, NC, is a diversified holding company engaged in aviation-related businesses. The company operates in four industry segments — Overnight Air Cargo, Ground Equipment Sales, Comme ...
Air T(AIRT) - 2024 Q3 - Quarterly Report
2024-02-11 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark one) ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the quarterly period ended December 31, 2023 ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the transition period from _____to _____ Commission File Number 001-35476 Air T, Inc. (Exact name of registrant as specified in its charter) Delaware 52-1206400 (State or other jurisdic ...
Ashland Place Completes 3-Aircraft Financing for Atalaya Capital Management and Crestone Air Partners
Prnewswire· 2024-01-17 14:00
NEW YORK, Jan. 17, 2024 /PRNewswire/ -- Ashland Place Finance LLC ("Ashland Place"), a commercial aviation financing platform, today announced the completion of a new facility financing the acquisition of three B737-800 freighters for Atalaya Capital Management ("Atalaya") and Crestone Air Partners ("Crestone"). This is the second transaction that the Ashland Place platform has completed with each of Atalaya and Crestone, having separately previously financed a 777-300ER for Atalaya in August 2022 and four ...