09:36 AM EDT, 05/09/2024 (MT Newswires) -- Wheels Up Experience ( UP ) reported a Q1 loss Thursday of $0.14 per diluted share, narrower than a loss of $3.98 a year earlier.

The company's total outstanding weighted shares in Q1 were about 698 million, up from about 25.3 million a year earlier.

Revenue for the quarter ended March 31 was $197.1 million, down from $351.8 million a year earlier.

Price: 2.28, Change: +0.05, Percent Change: +2.33