On April 25, 2024, Southwest Airlines Co (LUV, Financial) revealed its financial outcomes for the first quarter of 2024 via an 8-K filing. The company reported a net loss of $231 million, equivalent to a $0.39 loss per diluted share, which did not meet analyst projections of a $0.34 loss per share and a net loss of $190.88 million. Nevertheless, the airline attained a record first quarter operating revenue of $6.3 billion, albeit slightly lower than the expected $6.420 billion.
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