Saker Aviation Services, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 20, 2023 at 02:41 pm EST
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Saker Aviation Services, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 2.58 million compared to USD 2.6 million a year ago. Net income was USD 1.17 million compared to USD 0.213102 million a year ago. Basic earnings per share was USD 1.2 compared to USD 0.22 a year ago. Diluted earnings per share was USD 1.18 compared to USD 0.22 a year ago.
For the nine months, sales was USD 6.32 million compared to USD 5.74 million a year ago. Net income was USD 1.76 million compared to USD 0.903992 million a year ago. Basic earnings per share was USD 1.81 compared to USD 0.93 a year ago. Diluted earnings per share was USD 1.78 compared to USD 0.91 a year ago.
Saker Aviation Services, Inc., through its subsidiary, operates in the aviation services segment of the general aviation industry, in which it serves as the operator of a heliport. The Companyâs business activities are carried out as the operator of the Downtown Manhattan (New York) Heliport. Its business activities are carried out by FirstFlight Heliports, LLC, its wholly owned subsidiary. Its other subsidiary is FBO Air Garden City, Inc.