Reported about 9 hours ago
Delta Air Lines CEO Ed Bastian stated that five critical days impacted their earnings due to a technological disruption caused by CrowdStrike, which resulted in a loss of $380 million in revenue during Q3. This led to adjusted net income and earnings per share missing estimates slightly. Despite these challenges, Bastian expressed optimism for Q4, indicating strong demand and expected earnings per share between $1.60 and $1.85.
Source: YAHOO