From Zacks Investment Research: 2025-02-17 11:32:13

Shares of Air T, Inc. (AIRT) have dropped 1.2% since reporting Q3 fiscal 2025 earnings on Dec. 31, 2024, compared to the S&P 500’s 0.7% gain. Revenue for the quarter was $77.9 million, up 22.2% YoY, with an operating income of $1.8 million and an adjusted EBITDA of $2.7 million. Despite revenue growth, net loss narrowed to $1.3 million, with a loss per share of $0.47. Segment performance saw growth in Overnight Air Cargo, Ground Equipment Sales, and Commercial Jet Engines and Parts, offset by increased interest expenses. Chairman and CEO Nick Swenson highlighted strategic moves and potential industry rebounds. Contrail, a subsidiary, marked its 25th anniversary with revenue growth and expansion.

Sources:
– https://www.zacks.com/stock/quote/AIRT
– https://www.zacks.com/registration/premium/login/?ALERT=zrmodule&mode=zrmodule&t=AIRT&ADID=ZCOM_ARTICLEBODY_TCK_MICROCAPARTICLE_2417028_AIRT&icid=BLOG-Microcap_Article-2417028-free_report-commentary_body-text-AIRT



Read more at Zacks Investment Research: AIRT Stock Declines Despite Q3 Earnings & Revenue Growth – February 17, 2025