Sky Harbour Reports Mixed Q3 Results, Reiterates FY25 Outlook

Sky Harbour Group reported Q3 GAAP EPS of -$0.06, beating estimates by $0.05. Revenue was $7.3M, up 78.0% Y/Y, but missed estimates by $0.67M. Net cash used in operating activities was approximately $0.9 million for the quarter, compared to the approximately $1.2 million used in the same period last year. The company reaffirmed its FY25 outlook.