Blade Air Mobility Inc (BLDE) reports significant improvements in adjusted EBITDA and revenue growth, while navigating market exits and preparing for eVTOL integration.

As promised, we are pleased to deliver our first full-year of Adjusted EBITDA profitability as significant revenue growth and margin expansion

Blade Air Mobility, Inc. (BLDE) came out with a quarterly loss of $0.13 per share versus the Zacks Consensus Estimate of a loss of $0.12. This compares to loss of $0.23 per share a year ago. These figures are adjusted for non-recurring items.

Robert Wiesenthal; Chief Executive Officer, Director; Blade Air Mobility Inc William Heyburn; Chief Financial Officer, Head of Corporate Development; Blade Air Mobility Inc Good morning, ladies and gentlemen,

Full-year net loss improved by $28.8 million versus the prior year to $(27.3) million in FY 2024; Adjusted EBITDA improved by $17.8 million

Blade Air Mobility shares rose after it posted higher-than-expected revenue for the fourth quarter. The stock rose 15% to $3.26 on Thursday. Shares have gained a quarter of their value over the past year. Blade posted $54.4 million in revenue during the fourth quarter, beating Wall Street's expectations of $50.5 million.