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Azul (AZUL) Reports Q2 EPS of ~$0.09 on Revenues on ~$539.7M

August 14, 2017 6:35 AM EDT

Azul (NYSE: AZUL) reported Q2 EPS of $0.09. Revenue for the quarter came in at $539.7 million.

Financial and Operating Highlights for 2Q17

  • Revenue increased 19.3% to R$1.7 billion year over year*
  • Operating income was R$104.9 million, representing a margin of 6.1% compared with R$1.3 million and a margin of 0.1% in 2Q16. This is a record second quarter operating result for Azul.
  • EBITDAR increased 41% to R$476.1 million, representing a margin of 27.6%.
  • Net loss totaled R$33.9 million, representing an improvement of R$86.2 million over 2Q16.

*Conversion Estimates of 1 Braizilian Real = $0.31

For earnings history and earnings-related data on Azul (AZUL) click here.



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