MESA Loses 24 Million!!!!!

[islandhopper]

Mesa is getting desperate

Mesa Air Group corrects Q2 loss/shr

May 18 (Reuters) - Mesa Air Group Inc. (MESA.O: Quote, Profile , Research) on Friday said in a filing it corrected its reported second-quarter loss per share numbers on a diluted basis due to a calculation error.
The company said it corrected the per-share loss to 75 cents from 54 cents.
The error involved the inclusion of certain issued options and convertible debt whose effect on the calculation was anti-dilutive, the regional air carrier said. (Reporting by Supantha Mukherjee in Bangalore)

http://today.reuters.com/news/artic...WNAS1880_RTRIDST_0_MESAAIR-RESULTS-URGENT.XML

 

[Soverytired]

The error involved the inclusion of certain issued options and convertible debt whose effect on the calculation was anti-dilutive, the regional air carrier said. (Reporting by Supantha Mukherjee in Bangalore)

http://today.reuters.com/news/artic...WNAS1880_RTRIDST_0_MESAAIR-RESULTS-URGENT.XML

Options? Well, just because the company is unprofitable doesn't mean our CEO shouldn't get lots of juicy options, does it?