Southwest Airlines Co LUV posted a first-quarter profit on Thursday.
Southwest Airlines posted its quarterly net income at $98 million, or $0.13 per share, up from $5 million, or $0.01 per share, in the year-ago epriod. Excluding items, Southwest Airlines posted a loss of $0.02 per share.
Southwest Airlines' revenue climbed 29% to around $4 billion. Its operating expenses surged 27%.
Southwest Airlines shares closed at $7.89 yesterday.
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