Blade Air Mobility (BLDE) shares were up over 15% in recent Monday trading after the company reported a Q1 net loss of $0.04 per diluted share, narrowing from a loss of $0.06 a year earlier.
Two analysts polled by FactSet expected a loss of $0.11 per share.
Revenue for the quarter ended March 31 was $54.3 million, compared with $51.5 million a year earlier.
Analysts polled by FactSet expected $49.4 million.
The company reiterated its 2025 revenue guidance of $245 million to $265 million. Analysts polled by FactSet expect $256.3 million.
Price: 3.37, Change: +0.45, Percent Change: +15.41
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