Saker Aviation Services, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 13, 2021 at 03:46 pm EDT
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Saker Aviation Services, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was USD 1.179 million compared to USD 438,632 a year ago. Operating income was USD 278,633 compared to operating loss of USD 480,093 a year ago. Net income was USD 577,164 compared to net loss of USD 754,935 a year ago. Basic earnings per share from continuing operations was USD 0.56 compared to basic loss per share from continuing operations of USD 0.74 a year ago. Diluted earnings per share from continuing operations was USD 0.56 compared to diluted loss per share from continuing operations of USD 0.73 a year ago. For the half year, sales was USD 1.988 million compared to USD 2.112 million a year ago. Operating income was USD 23,048 compared to operating loss of USD 581,580 a year ago. Net income was USD 311,498 compared to net loss of USD 851,075 a year ago. Basic earnings per share from continuing operations was USD 0.3 compared to basic loss per share from continuing operations of USD 0.83 a year ago. Diluted earnings per share from continuing operations was USD 0.3 compared to diluted loss per share from continuing operations of USD 0.82 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.