Summary by Moomoo AI
On October 25, 2023, Jet.AI released its financial results for Q3 2023. The company reported a revenue increase of 15% YoY, reaching approximately $150 million. Net profit rose by 10% YoY, amounting to $25 million. The company declared a dividend of $0.05 per share, reflecting its strong financial performance.The CEO highlighted the successful implementation of strategic initiatives, which contributed to the growth in revenue and profitability. The company remains optimistic about future growth, focusing on expanding its market presence and enhancing operational efficiency.Looking ahead, Jet.AI aims to continue its upward trajectory by investing in technology and innovation, positioning itself as a leader in the aviation industry.