Hamfighter
Well-known member
- Joined
- May 20, 2007
- Posts
- 232
Delta Announces September Quarter Profit
Now, where's that fat profit sharing check?! Oh yeah...I voted "no" by the way. Well, still good news!
Link to full article: http://finance.yahoo.com/news/delta-announces-september-quarter-profit-113000904.html
- Delta's net income, excluding special items1, for the September 2012 quarter was $768 million, or $0.90 per diluted share.
- Delta's September 2012 quarter GAAP net income was $1.0 billion, or $1.23 per diluted share, including mark-to-market gains on open fuel hedges and other special items.
- Delta's unit revenues were up 3 percent for the quarter and the company has produced a unit revenue premium to the industry for eighteen consecutive months.
- Results included $174 million in profit sharing expense, for a total of $309 million year to date, in recognition of Delta employees' efforts toward the company's financial targets. In addition, Delta people have received $67 million in Shared Rewards in 2012 for hitting the company's operational and customer service targets.
- Delta ended the September 2012 quarter with $5.1 billion in unrestricted liquidity and adjusted net debt of $11.9 billion.
Now, where's that fat profit sharing check?! Oh yeah...I voted "no" by the way. Well, still good news!
Link to full article: http://finance.yahoo.com/news/delta-announces-september-quarter-profit-113000904.html