Beta Technologies Q3 IPO Insights - PressReach

Beta posts USD 67.6m loss in first post-IPO results - RotorHub International

For the first time, investors and others are able to look behind the financial curtain after Beta Technologies posted its first post-IPO results. The third quarter filing revealed that the company has posted an adjusted earnings before taxation depreciation and amortisation (Adj EBITDA) loss of USD 67.6 million on revenues of USD 8.9 million. Against that ledger, Beta says it has a backlog of 891 aircraft (289 firm orders and 602 options) and ca…

Beta Technologies Q3 IPO Insights - PressReach

Beta Technologies has recently announced its third-quarter financial results following its initial public offering earlier this year. The company’s performance metrics have shown promising growth, indicating a strong position in the market. As a leader in electric aviation, Beta Technologies is revolutionizing the industry with its innovative aircraft designs and sustainable energy solutions. The company’s IPO was a significant milestone, attrac…