Delta's results for the second quarter were mixed; starting the third quarter and reconfirming its outlook for fiscal year 24
Delta Air Lines Press Release (NYSE:DAL): Non-GAAP EPS for the second quarter was $2.36, below $0.02.
Revenue was 16.7 billion dollars (up 7.2% year over year), which was more than 1 billion dollars.
Operating cash flow was $2.5 billion.
The payment of debt and financial lease obligations was $1.4 billion.
The total liabilities and financial lease liabilities at the end of the quarter were $18 billion.
The adjusted free cash flow was $1.3 billion.
The adjusted debt to EBITDAR ratio was 2.8 times, down from 3.0 times at the end of 2023.
The return on invested capital was 13.1%.
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