Saker Aviation Services, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2021
November 15, 2021 at 03:45 pm EST
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Saker Aviation Services, Inc. reported earnings results for the third quarter and nine months ended September 30, 2021. For the third quarter, the company reported sales was USD 1.45 million compared to USD 0.720787 million a year ago. Net income was USD 0.197078 million compared to USD 0.006364 million a year ago. Basic earnings per share from continuing operations was USD 0.19 compared to USD 0.01 a year ago. Diluted earnings per share from continuing operations was USD 0.19 compared to USD 0.01 a year ago.
For the nine months, sales was USD 3.44 million compared to USD 2.83 million a year ago. Net income was USD 0.508576 million compared to net loss of USD 0.844711 million a year ago. Basic earnings per share from continuing operations was USD 0.49 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 0.49.
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.