Overview
US holding company's Q1 revenue rose slightly yr/yr across core business units
Net loss attributable to common stockholders widened from prior year
Company repurchased 375,286 shares for $4.8 mln during the quarter
Outlook
Company did not provide specific financial guidance or outlook commentary
Result Drivers
NON-CASH LOSSES - Net other expense included a $1.7 mln non-cash loss from unconsolidated affiliates, mainly related to Sky Harbour
INVESTMENT GAINS - Realized gain of $1.0 mln from sale of investments at GIG and $0.4 mln unrealized gain on Sky Harbour warrants partially offset losses
Company press release: ID:nBw4Ttlp9a
Key Details
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)