NASDAQ$SRTA
Strata Critical Medical Inc · Q1 2024 earnings
Q1 2024 earnings · · Investor relations
Briefing
Blade Air Mobility reported financial results, achieving record-high medical revenue and improved net loss and Adjusted EBITDA compared to the prior year.
Blade Air Mobility reported a 13.8% increase in total revenue to $51.5 million, driven by a 34.6% increase in Medical revenue. The company's net loss improved by 58.5% to $(4.2) million, and Adjusted EBITDA improved by 54.1% to $(3.5) million.
- Achieved record-high Medical revenue of $36.0 million, a 34.6% increase versus the prior year period.
- Net loss improved by $6.0 million versus the prior year to $(4.2) million.
- Adjusted EBITDA improved by $4.2 million versus the prior year to $(3.5) million.
- Confirmed guidance for Adjusted EBITDA profitability in full-year 2024 and Adjusted EBITDA in the double-digit millions for 2025.
Headline financials
Revenue & EPS history
Strata Critical Medical · Revenue · Quarterly
$51.5M
Forward guidance
The Company is reaffirming its guidance from March, for the full year 2024, we expect Revenue of $240 million to $250 million and Positive Adjusted EBITDA. For the full year 2025, we expect Double-digit year-over-year revenue growth and Double-digit Adjusted EBITDA
Tailwinds
- Revenue of $240 million to $250 million is expected for full year 2024
- Positive Adjusted EBITDA is expected for full year 2024
- Double-digit year-over-year revenue growth is expected for full year 2025
- Double-digit Adjusted EBITDA is expected for full year 2025
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2024
+3.4%
Avg return
Earnings day
+2.8%
Avg return
5 days after
+5.7%
Avg return
30 days after
54%
13 / 24 earnings
Positive
+38.8%
Q3 2023
Best reaction
-32.1%
Q4 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +10.6% | +17.2% | +19.7% | |
| Q4 2025 | +6.9% | +1.1% | -7.6% | |
| Q3 2025 | +9.5% | +8.1% | +4.3% | |
| Q1 2025 | +18.7% | +20.5% | +41.4% | |
| Q4 2024 | +7.1% | +8.1% | -4.9% | |
| Q3 2024 | -4.4% | -17.5% | +8.9% | |
| Q2 2024 | +17.3% | +3.6% | +2.9% | |
| Q1 2024 | -3.3% | -3.3% | -16.0% | |
| Q4 2023 | -32.1% | -32.3% | -3.5% | |
| Q3 2023 | +38.8% | +44.5% | +44.5% | |
| Q2 2023 | -7.9% | -6.7% | -24.3% | |
| Q1 2023 | +9.4% | +2.8% | +28.1% | |
| Q4 2022 | -9.7% | -22.3% | -32.0% | |
| Q3 2022 | -2.3% | -0.2% | +3.4% | |
| Q2 2022 | +8.0% | +6.9% | -17.5% | |
| Q1 2022 | -15.0% | +0.9% | -2.3% | |
| Q4 2021 | -3.2% | +5.2% | -2.0% | |
| Q3 2021 | +0.3% | +2.1% | +41.4% | |
| Q2 2021 | +18.0% | +16.4% | +58.7% | |
| Q1 2021 | +13.7% | +11.8% | -11.8% | |
| Q4 2020 | -0.1% | -0.1% | +3.1% | |
| Q2 2020 | +0.0% | -0.2% | -0.1% | |
| Q1 2020 | +1.0% | +1.0% | +1.3% | |
| Q4 2019 | -0.2% | -0.3% | +0.7% |
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