FTAI Aviation Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 45.62 million compared to USD 50.2 million a year ago. Revenue was USD 291.1 million compared to USD 230.37 million a year ago. Net income was USD 41.31 million compared to net loss of USD 16.06 million a year ago. Basic earnings per share from continuing operations was USD 0.33 compared to basic loss per share from continuing operations of USD 0.11 a year ago. Diluted earnings per share from continuing operations was USD 0.33 compared to diluted loss per share from continuing operations of USD 0.11 a year ago.
For the nine months, sales was USD 161.14 million compared to USD 129.16 million a year ago. Revenue was USD 858.16 million compared to USD 434.12 million a year ago. Net income was USD 125.46 million compared to net loss of USD 220.01 million a year ago. Basic earnings per share from continuing operations was USD 1.02 compared to basic loss per share from continuing operations of USD 1.59 a year ago. Diluted earnings per share from continuing operations was USD 1.02 compared to diluted loss per share from continuing operations of USD 1.59 a year ago.