Weekly Recap: Q3 loss and revenue growth and capacity, passenger growth

Controladora Vuela Cia de Aviacion SAB de CV (NYSE:VLRS) grew third-quarter revenue 32.4% to $1.04 billion as capacity rose 11.1% and passengers increased 14.3%, but recorded a $26 million net loss, or $0.23 per ADS, and an adjusted loss of $0.20 per share.

Previous Week Recap

• Revenue Growth Amid Adjusted Loss: Controladora Vuela Cia de Aviacion SAB de CV (VLRS) reported a third-quarter adjusted loss of $0.20 per share and a net loss of $26 million. Revenue increased 32.4% year over year to $1.04 billion.
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  Reuters
• Revenue Growth Amid Q3 Losses: VLRS reported Q3 revenue of $1.038 billion, up 32.4% year over year, and a $26 million net loss, or $0.23 per ADS. Capacity rose 11.1% and passengers 14.3%.
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  GlobeNewswire