Saker Aviation Services, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022
November 14, 2022 at 09:02 pm
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Saker Aviation Services, Inc. reported earnings results for the third quarter and nine months ended September 30, 2022. For the third quarter, the company reported sales was USD 2.6 million compared to USD 0.680278 million a year ago. Net income was USD 0.213102 million compared to USD 0.197078 million a year ago. Basic earnings per share was USD 0.22 compared to USD 0.19 a year ago. Diluted earnings per share was USD 0.22 compared to USD 0.19 a year ago.
For the nine months, sales was USD 5.74 million compared to USD 1.35 million a year ago. Net income was USD 0.903992 million compared to USD 0.508576 million a year ago. Basic earnings per share was USD 0.93 compared to USD 0.49 a year ago. Diluted earnings per share was USD 0.91 compared to USD 0.49 a year ago.
Saker Aviation Services, Inc., through its subsidiary, operates in the aviation services segment of the general aviation industry, in which it serves as the operator of a heliport. The Companyâs business activities are carried out as the operator of the Downtown Manhattan (New York) Heliport. Its business activities are carried out by FirstFlight Heliports, LLC, its wholly owned subsidiary. Its other subsidiary is FBO Air Garden City, Inc.