UP Q3 2023 Earnings

Call Details

• Call Title: Wheels Up Q3 2023 Earnings Call
• Date: November 9, 2023 at 3:00 PM UTC
• Management Team:
  • George Mattson (Chief Executive Officer)
  • Keith Ferguson (Head of Investor Relations)

Call Summary

Financial Performance

• The company announced third quarter 2023 financial results but did not disclose specific revenue or profit figures on the webcast.
• Unless otherwise noted, all income statement-related financial measures will be non-GAAP other than revenue.
• Reconciliations of GAAP to non-GAAP financial measures and definitions are located in the financial tables of the earnings release and the presentation appendix.
• The presentation referenced forward-looking statements that should be considered estimates only and that actual results may differ materially.
• The location of the earnings release, supporting tables, and presentation was provided as wheelsup.com/investors for detailed numeric disclosures.
• No explicit GAAP EPS, adjusted EBITDA, or other numeric non-GAAP metrics were read out on the call itself.

Guidance

• No explicit numeric guidance for revenue, EBITDA, or margins for future periods was provided on the webcast.
• Forward-looking commentary was framed as being based on the company's current forecast and expectations of future events, without specific KPIs disclosed.
• There was no update on prior guidance or explicit change to previously issued guidance during the call.
• The company reiterated that forward-looking statements are estimates and may differ materially from actual results.
• The webcast emphasized that non-GAAP measures will be used for income statement-related reporting other than revenue when presenting future results.
• No booking, close-in demand, or forward curve metrics were disclosed for Q4 or beyond.