Airship AI and AerSale Miss Quarterly Earnings Estimates

Airship AI (NASDAQ:AISP) reported a loss of $0.07 per share for the quarter, missing analysts' consensus of a $0.03 loss by $0.04. Revenue came in at $4.12 million, below the $5.00 million estimate. The stock traded around $1.92 with a market cap of $66.12 million.

AerSale (NASDAQ:ASLE) posted a loss of $0.09 per share, falling short of the expected $0.06 loss by $0.15. Quarterly revenue was $70.93 million versus the $81.24 million forecast. The company recorded a net margin of 3.06% and a return on equity of 3.10%, while cash flow remained negative. Management highlighted upcoming engine sales and a $35 million aircraft sale to the U.S. Marshals Service as drivers for a stronger second half.

Both companies saw their shares decline after the releases, with Airship AI edging up slightly and AerSale slipping to $6.30.