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Wheels Up Experience Pares Net Loss in Q3, Revenue Falls; Shares Advance
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Wheels Up Experience Pares Net Loss in Q3, Revenue Falls; Shares Advance
Nov 9, 2024 12:22 PM

11:36 AM EST, 11/07/2024 (MT Newswires) -- Wheels Up Experience ( UP ) shares advanced 0.5% in recent Thursday trading after the private aviation services company significantly narrowed its Q3 net loss year over year.

The company reported a Q3 net loss of $0.08 per diluted share, compared with a loss of $3.51 a year earlier.

Revenue for the quarter ended Sept. 30 was $193.9 million, down from $320.1 million a year ago.

Analyst estimates were not available.

Price: 2.18, Change: +0.01, Percent Change: +0.46

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