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Blade Air Mobility Inc - BLDE STOCK NEWS

Welcome to our dedicated news page for Blade Air Mobility (Ticker: BLDE), a resource for investors and traders seeking the latest updates and insights on Blade Air Mobility.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Blade Air Mobility's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Blade Air Mobility's position in the market.

Rhea-AI Summary
Blade Air Mobility, Inc. announced the opening of a shareholder Q&A platform for its upcoming conference call to discuss the financial results for the fiscal fourth quarter ending March 31, 2024. The call is scheduled for May 7, 2024, at 8:00 am ET. Shareholders can submit and upvote questions to management through the Say platform until May 6, 2024. An audio-only webcast will be available on the Company's website for one year.
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Rhea-AI Summary
Blade Air Mobility, Inc. (BLDE) will announce its financial results for the first quarter of 2024 on May 7, 2024. The conference call will be hosted by CEO Rob Wiesenthal and CFO Will Heyburn, allowing participants to ask questions. The call can be accessed via webcast or dial-in, with a replay available for one year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.11%
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Rhea-AI Summary
Blade Air Mobility, Inc. (BLDE) announces a $20 million share repurchase program due to expected profitability in 2024, debt-free balance sheet, and ample cash reserves.
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Rhea-AI Sentiment
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16.33%
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buyback
Rhea-AI Summary
Blade Air Mobility, Inc. (BLDE) reported a 24.5% increase in revenue to $47.5 million in Q4 2023 and a 54.1% increase in full-year 2023 to $225.2 million. However, the net loss also increased to $(33.9) million in Q4 2023 and $(56.1) million for the full year 2023. Adjusted EBITDA improved by $2.7 million in Q4 2023 but still stood at $(5.2) million for the quarter and $(16.6) million for the full year 2023. Blade introduced guidance for Adjusted EBITDA profitability in 2024 and double-digit millions in 2025. They also announced the pending acquisition of eight jet aircraft to support Medical growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-30.33%
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Rhea-AI Summary
Blade Air Mobility, Inc. (Nasdaq: BLDE) announced their participation in upcoming investor conferences, including the J.P. Morgan Industrials Conference and Oppenheimer Healthcare MedTech & Services Conference. Management will engage in presentations and fireside chats, providing insights into the company's financial and operational strategies.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5%
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Rhea-AI Summary
Blade Air Mobility, Inc. (BLDE) opens shareholder Q&A platform for upcoming conference call to discuss fiscal Q4 2023 results. The call is scheduled for March 12, 2024, at 8:00am ET. Shareholders can submit questions through the Say platform or participating brokers. An audio webcast will be accessible on the Company's website with a replay available for one year.
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Rhea-AI Sentiment
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0.89%
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Rhea-AI Summary
Blade Air Mobility, Inc. (BLDE) will present at the Baird’s 2024 Vehicle, Technology, and Mobility Conference on February 29, 2024. The webcast will be accessible on their website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.06%
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conferences
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Rhea-AI Summary
Blade Air Mobility, Inc. (BLDE) will release financial results for Q4 and the year 2023 on March 12, 2024. The conference call will feature CEO Rob Wiesenthal and CFO Will Heyburn for a Q&A session. Registration for the call is required, with a webcast available on the company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.79%
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Rhea-AI Summary
Blade Air Mobility, Inc. (BLDE) appoints Rémi Bouysset as CEO of Blade Europe, enabling helipad-side security clearance at Nice Airport for passengers. Bouysset brings 30 years of experience in travel, hospitality, and luxury sectors, including roles at Carlson Wagonlit Travel, Hogg Robinson Group France, and Ponant. The new security screening facility at the airport aims to enhance time savings and convenience for helicopter passengers, connecting them directly to departing gates of their commercial flights.
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Rhea-AI Sentiment
End-of-Day
1.34%
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management
Rhea-AI Summary
Blade Air Mobility, Inc. will present at the 26th Annual Needham Growth Conference on January 17, 2024. The event will be webcasted and a replay will be available on the company's investor relations section of the website.
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Blade Air Mobility Inc

Nasdaq:BLDE

BLDE Rankings

BLDE Stock Data

270.81M
45.25M
11.4%
65.57%
3.8%
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