NEW YORK, March 20, 2024 (GLOBE NEWSWIRE) -- Blade Air Mobility, Inc. (NASDAQ:BLDE, "Blade" or the "Company"))), a technology-powered air mobility platform, today announced its Board of Directors has authorized the repurchase of up to $20 million of outstanding Class A common stock. Given the Company's expectation of profitability on an adjusted EBITDA basis for the full-year 2024, coupled with its debt-free balance sheet and significant cash balance, the share buyback program will allow the Company to oppo ...

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Blade Air Mobility, Inc. (NASDAQ:BLDE) Q4 2023 Earnings Conference Call March 12, 2024, 08:00 AM ET Company Participants Lee Gold - Investor Relations Rob Wiesenthal - Founder & Chief Executive Officer Will Heyburn - Chief Financial Officer Conference Call Participants Bill Peterson - JPMorgan Edison Yu - Deutsche Bank Operator Ladies and gentlemen, thank you for standing by. Welcome to Blade Air Mobility Fiscal Fourth Quarter 2023 Earnings Call. At this time, all participants are in a listen-only mode. Aft ...

Investor Presentation March 2024 B BLADE FORWARD LOOKING STATEMENTS This press release contains "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include all statements that are not historical facts and may be identified by the use of words such as "will", "anticipate," "believe," "could," "continue," "expect," "estimate," "may," "plan," "outlook," "future" and "project" and other similar expres ...

Revenue up 24.5% versus the prior year to $47.5 million in Q4 2023 and up 54.1% in the full year 2023 to $225.2 millionNet loss increased $(18.5) million versus the prior year to $(33.9) million in Q4 2023 and increased $(28.8) million in the full year 2023 to $(56.1) million; Adjusted EBITDA increased by $2.7 million versus the prior year to $(5.2) million in Q4 2023 and increased by $10.8 million to $(16.6) million in the full year 2023Introduced guidance for Adjusted EBITDA profitability in full-year 202 ...

March 12, 2024 Blade Air Mobility Reports Financial Results for the Fourth Quarter Ended December 31, 2023 • Net loss increased $(18.5) million versus the prior year to $(33.9) million in Q4 2023 and increased $(28.8) million in the full year 2023 to $(56.1) million; Adjusted EBITDA increased by $2.7 million versus the prior year to $(5.2) million in Q4 2023 and increased by $10.8 million to $(16.6) million in the full year 2023 | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |---------- ...

We have incurred significant losses since inception. We expect to incur losses in the future, and we may not be able to achieve or maintain profitability. Table of Contents United States. As an arranger of air travel and an indirect air carrier, we are subject to United States Department of Transportation ("DOT") regulations governing our advertising and sale of by-the-seat air transportation as well as the advertising and sale of aircraft charter. We are also subject to DOT regulations relating to consumer ...

NEW YORK, March 06, 2024 (GLOBE NEWSWIRE) -- Blade Air Mobility, Inc. (NASDAQ:BLDE, "Blade" or the "Company"))), a technology-powered air mobility platform, today announced that Management will participate in the following investor conferences: 2024 J.P. Morgan Industrials Conference – Presentation and fireside chat with Will Heyburn, Chief Financial Officer, on Tuesday, March 12, 2024 at 3:35pm ET. A webcast of the event will be available at the link here.Oppenheimer 34th Annual Healthcare MedTech & Servic ...

The market expects Blade Air Mobility, Inc. (BLDE) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2023. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected ...

For investors, finding a stock that has the potential for explosive growth is the holy grail. But locating those hidden gems is just as difficult as finding the legendary cup. For savvy investors, breakout stocks under $15 have the potential to deliver substantial returns while the companies they represent have the ability to revolutionize industries. Here, three such promising contenders are explored. These companies span several different industries, but all have the potential to be game-changers in their ...