|Allegiant Travel Company Fourth Quarter and Full Year 2014 Financial Results|
48th Consecutive Profitable Quarter
Fourth Quarter 2014 Fully Diluted Earnings per Share of
Fourth Quarter 2014 Fully Diluted Earnings per Share Excluding Fourth Quarter 757 Write Down was
Full Year Fully Diluted Earnings per Share of
Full Year Fully Diluted Earnings per Share Excluding Fourth Quarter 757 Write Down was
Declares a Recurring Quarterly Cash Dividend of
"We are very proud to report our 48th consecutive profitable quarter," stated
Notable fourth quarter and full year 2014 company highlights
Fourth quarter and full year 2014 revenue performance
Third party products performance
Fourth quarter and full year 2014 cost performance
First quarter and full year 2015 cost trends
Balance sheet highlights
At this time,
Under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, statements in this press release that are not historical facts are forward-looking statements. These forward-looking statements are only estimates or predictions based on our management's beliefs and assumptions and on information currently available to our management. Forward-looking statements include our statements regarding future unit revenue, future operating expense, ASM growth, departure growth, fixed-fee and other revenues, expected capital expenditures, number of contracted aircraft to be placed in service in the future, as well as other information concerning future results of operations, business strategies, financing plans, competitive position, industry environment, potential growth opportunities, the effects of future regulation and the effects of competition. Forward-looking statements include all statements that are not historical facts and can be identified by the use of forward-looking terminology such as the words "believe," "expect," "guidance," "anticipate," "intend," "plan," "estimate", "project", "hope" or similar expressions.
Forward-looking statements involve risks, uncertainties and assumptions. Actual results may differ materially from those expressed in the forward-looking statements. Important risk factors that could cause our results to differ materially from those expressed in the forward-looking statements generally may be found in our periodic reports filed with the
Any forward-looking statements are based on information available to us today and we undertake no obligation to update publicly any forward-looking statements, whether as a result of future events, new information or otherwise.
Detailed financial information follows:
"EBITDA" represents earnings before interest expense, income taxes, depreciation and amortization. Adjusted EBITDA is EBITDA calculated without regard to the one-time impairment charge on our
To provide more transparency into operating expenses for the quarter, the company experienced the following non-cash expense items in the fourth quarter of 2014.
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