2023-04-27 16:09:38 ET
- SkyWest press release ( NASDAQ: SKYW ): Q1 GAAP EPS of -$0.45 misses by $0.12 .
- Revenue of $692M (-5.9% Y/Y) beats by $18.16M .
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SkyWest had $936 million in cash and marketable securities at March 31, 2023, compared to $1.0 billion at December 31, 2022.
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Total debt at March 31, 2023 was $3.3 billion, down from $3.4 billion at December 31, 2022. Capital expenditures during Q1 2023 were $103 million, including $86 million capitalized for the 32 CRJ aircraft acquired under the early lease buyout and other fixed assets.
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SkyWest GAAP EPS of -$0.45 misses by $0.12, revenue of $692M beats by $18.16M