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Allegiant reports strong 4Q, year-end results

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VAPOR

a mirac..it's in the hole
Joined
Nov 16, 2005
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Orlando Business Journal - 8:58 AM EST Wednesday

Allegiant Travel Co., parent of Allegiant Air and Allegiant Vacations, reported a 57.3 percent increase in fourth-quarter revenue and an 83.6 percent increase for fiscal-year 2006.

Revenue for the quarter was $63.1 million, compared with $40.1 million the year before, while the Las Vegas-based company (Nasdaq: ALGT) recorded $243.3 million in revenue for the full year, compared with $132.5 million the year before.

Profits for the quarter were minus-$1.5 million, but that reflected a one-time tax charge. Without that charge, the profits were $4.9 million. For the year, profits, including the tax charge, were $8.7 million, a nearly 20 percent increase over 2005.
 

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