Saker Aviation Services, Inc. Reports Earnings Results for the Third Quarter Ended September 30, 2019
November 14, 2019 at 03:48 pm EST
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Saker Aviation Services, Inc. announced earnings results for the third quarter ended September 30, 2019. For the third quarter, the company announced sales was USD 3.383 million compared to USD 3.280 million a year ago. Operating income was USD 419,055 compared to USD 316,211 a year ago. Net income was USD 277,882 compared to USD 214,111 a year ago. Basic earnings per share from continuing operations was USD 0.28 compared to USD 0.21 a year ago. Diluted earnings per share from continuing operations was USD 0.27 compared to USD 0.21 a year ago. For the nine months, sales was USD 8.618 million compared to USD 8.236 million a year ago. Operating income was USD 819,191 compared to USD 283,336 a year ago. Net income was USD 556,407 compared to USD 200,199 a year ago. Basic earnings per share from continuing operations was USD 0.55 compared to USD 0.19 a year ago. Diluted earnings per share from continuing operations was USD 0.54 compared to USD 0.19 a year ago.
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.
SAKER AVIATION SERVICES, INC. 
