STOCK TITAN

FLYHT Aerospace Solutions Ltd. - $FLYLF STOCK NEWS

Welcome to our dedicated page for FLYHT Aerospace Solutions Ltd. news (Ticker: $FLYLF), a resource for investors and traders seeking the latest updates and insights on FLYHT Aerospace Solutions Ltd. stock.

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 FLYHT Aerospace Solutions Ltd.'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 FLYHT Aerospace Solutions Ltd.'s position in the market.

News
Rhea-AI Summary
FLYHT Aerospace Solutions Ltd. (TSXV:FLY)(OTCQX:FLYLF) reported Q3 2023 financial results, with a 24.2% revenue decrease but significant growth in SaaS, Hardware, and Technical Services. EBITDA loss totaled $430,865, and net loss was $728,655. Cash and short-term investments totaled $1,939,959 at September 30, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.92%
Tags
-
Rhea-AI Summary
FLYHT Aerospace Solutions Ltd. will hold a conference call on November 10, 2023, to discuss its Q3 2023 results. The call will feature prepared remarks and a Q&A session with the President & Interim CEO and CFO. Participants can join by phone or email questions in advance. An archive of the call will be available on FLYHT's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.26%
Tags
-
Rhea-AI Summary
Air North, Yukon's Airline has agreed to purchase hardware and software services from FLYHT, including the AFIRS 228 and Edge, for its fleet of Boeing 737 NG aircraft. The solutions will enhance aircraft communications, operational efficiency, and safety. The contract is valued at approximately $700,000 USD.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
Rhea-AI Summary
Canada Jetlines orders FLYHT's hardware and software solutions for its Airbus A320 aircraft, serving as FLYHT's STC partner. The contract is valued at approximately US$3.2 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.14%
Tags
partnership
-
Rhea-AI Summary
CrossConsense to provide data migration to AMOS
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary
NOAA signs multi-year agreement with FLYHT to expand its observational network with FLYHT's aircraft-based weather technology, providing critical real-time humidity data.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.67%
Tags
none
Rhea-AI Summary
Met Office, FLYHT Aerospace Solutions, and Loganair collaborate to improve weather forecasts for the aviation industry in the UK. The partnership aims to enhance route planning, reduce CO2 emissions, and improve local forecasting of severe weather. The contract is valued at approximately $6.9 million over an eight-year term.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.2%
Tags
partnership
-
Rhea-AI Summary
FLYHT Aerospace Solutions will participate in the Planet MicroCap Showcase 2023, with a presentation by the President and CFO on September 6, 2023, and one-on-one meetings with investors on September 7, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
conferences
-
Rhea-AI Summary
FLYHT Aerospace Solutions Ltd. reported financial results for Q2 2023. Revenue increased by 24% to $6,043,543 compared to Q2 2022. Gross margin improved to 59.6% from 55.8%. The company generated positive EBITDA of $168,045. Net loss was $168,807. Cash and short-term investments totaled $1,719,904 at June 30, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.47%
Tags
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.69%
Tags
FLYHT Aerospace Solutions Ltd.

OTC:FLYLF

FLYLF Rankings

FLYLF Stock Data

16.57M
30.98M
3.02%
23.39%
Small Arms Ammunition Manufacturing
Manufacturing
Link
United States of America
Calgary