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Montana Technologies Swings to Q2 Net Profit
2024-08-23 21:13
09:13 AM EDT, 08/23/2024 (MT Newswires) -- Montana Technologies (AIRJ) reported Q2 net income Friday of $0.24 per diluted share, swinging from a loss of $0.08 a year earlier.
Analysts' estimates weren't available for comparison.
The company did not report any revenue for the quarter.
As of June 30, the company had $34.6 million in cash and enough liquidity to support its operations through 2026, it added.
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