Delta Air Lines reported a significant increase in operating revenue and adjusted net income for the first quarter. Despite a GAAP net loss, the stock rose over 6% in early trading.
- Q1 operating revenue reached $15.85 billion, a 13% increase YoY
- Adjusted net income rose to $423 million from $291 million
- Adjusted EPS increased to $0.64 from $0.45
- GAAP net loss of $289 million reported for the quarter
- Stock price saw a 6% intraday increase
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