Surf Air Mobility Stock Dips After Wider-Than-Expected Q2 Loss
1. SRFM reported a loss of $1.34 per share, missing estimates. 2. Revenue of $27.431 million exceeded expectations but fell from last year's $32.36 million. 3. Scheduled Service revenue grew over 20%, showing improved airline operations. 4. On Demand revenue rose over 5%, driven by increased charter flights. 5. SRFM raised $44.7 million, strengthening its balance sheet for growth.