UP - Wheels Up Experience GAAP EPS of -$0.96 misses by $0.57 revenue of $408M beats by $6.05M
2023-03-09 08:39:40 ET
- Wheels Up Experience press release ( NYSE: UP ): Q4 GAAP EPS of -$0.96 misses by $0.57 .
- Revenue of $408M (+18.2% Y/Y) beats by $6.05M .
- Active Members increased 5% year-over-year to 12,661 in total.
- Live Flight Legs decreased 5% year-over-year to 19,308 in total.
- Adjusted EBITDA improved by $3 million year-over-year to a loss of $44 million.
- "Our strong top line and our iconic brand are huge advantages for us. Our focus remains on executing to deliver substantial progress in 2023 to achieve positive Adjusted EBITDA in 2024."
For further details see:
Wheels Up Experience GAAP EPS of -$0.96 misses by $0.57, revenue of $408M beats by $6.05M