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Dec 31, 2022
SkyWest Q4 2022 Earnings Report
Reported a net loss for Q4 2022, primarily due to deferred revenue and non-cash impairment charges.
Key Takeaways
SkyWest, Inc. reported a net loss of $47 million, or $0.93 loss per share, for Q4 2022, compared to net income of $4 million, or $0.09 per diluted share, for Q4 2021. The results reflect deferred revenue related to amended flying contracts and non-cash impairment charges.
Q4 2022 pre-tax loss of $62 million, net loss of $47 million, or $0.93 loss per share
Revenue was $681 million in Q4 2022, down $96 million, or 12%, from $777 million in Q4 2021
Operating expenses were $716 million in Q4 2022, down $28 million, or 4%, from $744 million in Q4 2021
Took delivery of four E175 aircraft for Delta Air Lines during Q4 2022
Revenue by Segment
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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