ATSG - Air Transport Services Non-GAAP EPS of $0.56 beats by $0.16 revenue of $485.86M beats by $10.93M

Air Transport Services press release (NASDAQ:ATSG): Q1 Non-GAAP EPS of $0.56 beats by $0.16. Revenue of $485.86M (+29.2% Y/Y) beats by $10.93M. The company continues to project a record $640M in Adjusted EBITDA for 2022, up nearly $100M from 2021; Projects 2022 capital spending of $590M, including $200M in sustaining capex and $390M for growth, primarily funded by the strong Adjusted Free Cash Flow ATSG will generate this year.

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Air Transport Services Non-GAAP EPS of $0.56 beats by $0.16, revenue of $485.86M beats by $10.93M