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Article: ExpressJet Holdings Reports Second Quarter Earnings of $29.7 Million.
- Article from:
- PR Newswire
- Article date:
- July 20, 2004
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ExpressJet Holdings, Inc. today reported second quarter net income applicable to common stockholders of $29.7 million, or $0.55 diluted earnings per share -- an increase of 10 percent over the second quarter of 2003.
The results represent ExpressJet's thirteenth consecutive quarter of improved earnings, due in part to the company's continuing efforts to reduce year-over-year unit costs. "While this quarter has presented our industry with many operational and financial challenges, our employees continued to focus on operational excellence and efficiency, which are critical to our competitive position in the regional airline industry," said ExpressJet President ...