Grand News Network | November 8, 2023

Why Blade Air Mobility Shares Are Skyrocketing Today

Blade Air Mobility Inc (NASDAQ: BLDE) reported third-quarter FY23 revenue growth of 56.3% year-over-year to $71.44 million, beating the consensus of $66.94 million.

The company recorded a net income of $0.29 million for the quarter, compared to a loss of $(9.25) million in 3Q22.

Passenger revenue grew 49% Y/Y to $37.99 million, and Medical revenue ...

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