19-Feb-2010 5:46 PM
Triple digit net profit growth for Pinnacle in 4Q2009
Analysis
Blowing all other airlines out of the water, Pinnacle Airlines reporting its 4Q2009 net income - USD5.6 million - was a massive 153% more than its 4Q2008 results. Its earnings per share, at USD0.31, rose 158%. Net income for the year, reached USD41.9 million including special items that increased net by USD18.7 million. Ex items net was USD23.2 million, up 68% over 2008.
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