Air Transport Services Group (ATSG) Tops Q4 EPS by 1c, Revenues Beat
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ATSG Reports Strong Fourth Quarter, 2018 Results
February 27, 2019 5:00 PM EST4Q Revenues increase 27 percent, 15 percent for 2018 excluding 2017 reimbursable revenues. 4Q Adjusted Earnings up 23 percent, 42 percent for 2018 excluding primarily non-cash tax, warrant-related items. Adjusted EBITDA up 19 percent for 4Q, 16 percent for 2018.
WILMINGTON, Ohio--(BUSINESS WIRE)-- Air Transport Services Group, Inc. (Nasdaq: ATSG), the leading provider of medium wide-body aircraft leasing, air cargo transportation and related services, today reported consolidated financial results for the quarter and year ended December 31, 2018.
Customer revenues were $280.8 million in 4Q 2018 vs. same-basis $221.2 million in 4Q 2017.... More