10:06 AM EDT, 05/12/2025 (MT Newswires) -- Blade Air Mobility ( BLDE ) shares were up over 15% in recent Monday trading after the company reported a Q1 net loss of $0.04 per diluted share, narrowing from a loss of $0.06 a year earlier.

Two analysts polled by FactSet expected a loss of $0.11 per share.

Revenue for the quarter ended March 31 was $54.3 million, compared with $51.5 million a year earlier.

Analysts polled by FactSet expected $49.4 million.

The company reiterated its 2025 revenue guidance of $245 million to $265 million. Analysts polled by FactSet expect $256.3 million.

Price: 3.37, Change: +0.45, Percent Change: +15.41