ExpressJet Holdings, Inc.
ExpressJet Reports Fourth Quarter and Full Year 2008 Results
Published in Law and Health Weekly, March 7th, 2009
ExpressJet Holdings, Inc. (NYSE:XJT) reported a fourth quarter loss, excluding special charges, of $5.7 million or $0.30 per share versus $27.1 million or $5.14 per share for the same period in 2007. These results represent a $21.4 million net income improvement. Including special items related to suspended flying operations and tax adjustments related to Section 382 of the Internal Revenue Code, ExpressJet reported a fourth quarter loss of $30.2 million versus a fourth quarter 2007 reported loss of $31.7 million.
For the twelve months ended December 31, 2008, ExpressJet reported a loss, excluding special charges, of $54.7 million compared to a loss of $65.6 million for...
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