01:18 PM EDT, 05/02/2024 (MT Newswires) -- Frontier Group Holdings ( ULCC ) shares were up nearly 3% in recent Thursday trading after the company reported its Q1 results.

The company reported Q1 adjusted loss of $0.09 per share, widening from $0.06 per share a year earlier.

Analysts polled by Capital IQ expected a loss of $0.18 per share.

Revenue for the quarter ended March 31 was $865 million, up from $848 million a year earlier.

Analysts surveyed by Capital IQ expected $861.5 million.

Price: 6.00, Change: +0.16, Percent Change: +2.65