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Wheels Up Experience GAAP EPS of -$0.40 in-line, revenue of $351.81M beats by $7.89M

May 09, 2023 8:10 AM ETWheels Up Experience Inc. (UP), UP.WSBy: Meghavi Singh, SA News Editor
  • Wheels Up Experience press release (NYSE:UP): Q1 GAAP EPS of -$0.40 in-line.
  • Revenue of $351.81M (+8.0% Y/Y) beats by $7.89M.
  • Active Members decreased 1% year-over-year to 12,285 in total.
  • Live Flight Legs decreased 13% year-over-year to 15,389 in total.
  • Adjusted EBITDA was flat year-over-year with a loss of $49 million.

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