Air T, Inc. reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported revenue was USD 71.43 million compared to USD 50.86 million a year ago. Net loss was USD 0.531 million compared to USD 1.43 million a year ago.

Basic loss per share from continuing operations was USD 0.19 compared to USD 0.5 a year ago. Diluted loss per share from continuing operations was USD 0.19 compared to USD 0.5 a year ago.