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home / news releases / CA - Why Is Air Transport Services Group Stock Up? Amazon Is The Answer

CA - Why Is Air Transport Services Group Stock Up? Amazon Is The Answer

CA Inc.

2024-05-08 10:30:59 ET

Summary

  • Air Transport Services Group's revenues declined by 3% in Q1 2024, with earnings per share of $0.16.
  • The company's operating income fell from 30% to $33 million, resulting in a significant reduction in profits.
  • ATSG has secured a new contract with Amazon to fly 10 additional freighters, leading to a surge in stock prices.

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For further details see:

Why Is Air Transport Services Group Stock Up? Amazon Is The Answer
Stock Information
Company Name: CA Inc.
Stock Symbol: CA
Market: NASDAQ
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