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Delta Air Lines Cuts Q3 Revenue Guidance on CrowdStrike Outage
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Delta Air Lines Cuts Q3 Revenue Guidance on CrowdStrike Outage
Sep 12, 2024 7:48 AM

10:21 AM EDT, 09/12/2024 (MT Newswires) -- Delta Air Lines ( DAL ) lowered Q3 revenue guidance to a range of flat to a 1% gain from 2% to 4% growth.

The revision followed airline disruptions in mid-July following a faulty software update by CrowdStrike Holdings ( CRWD ) .

Full-year earnings per share are "expected to be at or above the midpoint of guidance of $6 to $7, excluding the 45-cent impact" from the IT outage on EPS in the September quarter, Delta said Thursday in an investor update.

Shares of Delta Air Lines ( DAL ) fell 1.2% in recent trading Thursday, erasing earlier gains.

Price: 43.73, Change: -0.55, Percent Change: -1.24

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