Surf Air Mobility Stock Gains On Q4 Earnings – Here’s Why

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Surf Air Mobility Inc. (NYSE:SRFM) reported its fourth-quarter financial results after the bell Thursday.

Surf Air Mobility reported quarterly non-GAAP losses of 28 cents per share, which was in line with consensus, and quarterly revenue of $26.8 million. Pro Forma revenue came in at $27.4 million, beating the $25.69 million estimate.

The company reported fiscal year 2023 losses of $6.35 per share, compared to losses of $5.51 from the prior year.

“We are pleased to have beat our …

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