Blade Air Mobility will announce Q1 2025 financial results on May 12 and host a conference call at 8:00 AM ET.
Quiver AI Summary
Blade Air Mobility, Inc. announced that it will release its financial results for the first quarter of 2025 on May 12, 2025, before the market opens. A conference call to discuss the results will take place on the same day at 8:00 am Eastern Time, hosted by CEO Rob Wiesenthal and CFO Will Heyburn, and will include a Q&A session. Interested participants can register for the call to receive dial-in information or can access a live audio-only webcast from the company's website. Blade specializes in air transportation and logistics, particularly for organ transport and passenger services, and aims to transition to Electric Vertical Aircraft for a more cost-effective and eco-friendly air mobility solution. The press release also includes a cautionary note regarding forward-looking statements related to the company's future performance and risks that could lead to actual results differing from predictions.
Potential Positives
- Blade Air Mobility will announce its financial results for the first quarter of 2025, indicating transparency and accountability to investors.
- The upcoming conference call allows for direct engagement with management, offering a platform for investors to inquire about the company's performance and strategies.
- Blade's focus on air transportation for organ transplants positions the company as a vital player in a critical healthcare area, potentially enhancing its reputation and market demand.
- The mention of proprietary technologies and an asset-light model suggests a strategic advantage in transitioning to Electric Vertical Aircraft, aligning with trends towards sustainable aviation solutions.
Potential Negatives
- The announcement does not specify expected financial results, potentially raising concerns about lack of transparency or predictability.
- The company explicitly states it is experiencing significant losses, which could deter potential investors.
- The press release warns of numerous risks and uncertainties, including reliance on third-party operators and potential competition, which could negatively impact investor confidence.
FAQ
When will Blade Air Mobility release its Q1 2025 financial results?
Blade Air Mobility will release its financial results on May 12, 2025, before the market opens.
Who will host the conference call for the financial results?
The conference call will be hosted by Rob Wiesenthal, CEO, and Will Heyburn, CFO of Blade.
How can I join the Blade conference call?
To join the live call, you need to register online to receive a dial-in and unique PIN.
Is there an option to listen to the conference call later?
Yes, a replay of the webcast will be available for one year on Blade's Investors section of their website.
What services does Blade Air Mobility provide?
Blade provides air transportation and logistics for hospitals and passengers, including organ transport and helicopter services.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$BLDE Insider Trading Activity
$BLDE insiders have traded $BLDE stock on the open market 14 times in the past 6 months. Of those trades, 0 have been purchases and 14 have been sales.
Here’s a breakdown of recent trading of $BLDE stock by insiders over the last 6 months:
- ROBERT S WIESENTHAL (Chief Executive Officer) sold 2,100,000 shares for an estimated $6,762,000
- WILLIAM A. HEYBURN (Chief Financial Officer) has made 0 purchases and 4 sales selling 167,670 shares for an estimated $841,665.
- MELISSA M. TOMKIEL (President and General Counsel) has made 0 purchases and 5 sales selling 178,484 shares for an estimated $765,857.
- JOHN BORTHWICK sold 78,291 shares for an estimated $313,250
- AMIR COHEN (Chief Accounting Officer) has made 0 purchases and 2 sales selling 10,150 shares for an estimated $45,225.
- REGINALD LOVE sold 5,091 shares for an estimated $20,619
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$BLDE Hedge Fund Activity
We have seen 58 institutional investors add shares of $BLDE stock to their portfolio, and 53 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- ARK INVESTMENT MANAGEMENT LLC added 833,848 shares (+11.6%) to their portfolio in Q4 2024, for an estimated $3,543,854
- CITADEL ADVISORS LLC added 772,910 shares (+451.5%) to their portfolio in Q4 2024, for an estimated $3,284,867
- NIKKO ASSET MANAGEMENT AMERICAS, INC. removed 652,145 shares (-17.4%) from their portfolio in Q4 2024, for an estimated $2,771,616
- MANATUCK HILL PARTNERS, LLC added 600,000 shares (+inf%) to their portfolio in Q4 2024, for an estimated $2,550,000
- FIRST EAGLE INVESTMENT MANAGEMENT, LLC added 535,954 shares (+inf%) to their portfolio in Q4 2024, for an estimated $2,277,804
- EMPYREAN CAPITAL PARTNERS, LP removed 500,000 shares (-100.0%) from their portfolio in Q4 2024, for an estimated $2,125,000
- ROYCE & ASSOCIATES LP added 492,000 shares (+inf%) to their portfolio in Q4 2024, for an estimated $2,091,000
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
NEW YORK, April 28, 2025 (GLOBE NEWSWIRE) -- Blade Air Mobility, Inc. (Nasdaq: BLDE, “Blade” or the “Company”), will release financial results for the first quarter ended March 31, 2025 on Monday, May 12, 2025 before the market opens. The company will hold a conference call the same day at 8:00 am Eastern Time to discuss the results. The call will be hosted by Rob Wiesenthal, Blade’s Chief Executive Officer, and Will Heyburn, Blade’s Chief Financial Officer, and will include a question-and-answer session for call participants.
To join the live call, please register here . Upon registration, a dial-in and unique PIN will be provided to join the call.
An audio-only webcast of the call may be accessed from the Investors section of the Company’s website at https://ir.blade.com/ or by registering at the link here . A replay of the webcast will be available for one year.
About Blade Air Mobility
Blade Air Mobility provides air transportation and logistics for hospitals across the United States, where it is one of the largest transporters of human organs for transplant, and for passengers, with helicopter and fixed wing services primarily in the Northeast United States, and Southern Europe. Based in New York City, Blade's asset-light model, coupled with its exclusive passenger terminal infrastructure and proprietary technologies, is designed to facilitate a seamless transition from helicopters and fixed-wing aircraft to Electric Vertical Aircraft (“EVA” or “eVTOL”), enabling lower cost air mobility that is both quiet and emission-free.
For more information, visit www.blade.com .
Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include all statements that are not historical facts and may be identified by the use of words such as "will", “anticipate,” “believe,” “could,” “continue,” “expect,” “estimate,” “may,” “plan,” “outlook,” “future” and “project” and other similar expressions and the negatives of those terms. These statements, which involve risks and uncertainties, relate to analyses and other information that are based on forecasts of future results and estimates of amounts not yet determinable and may also relate to Blade’s future prospects, developments and business strategies. In particular, such forward-looking statements include statements concerning Blade’s future financial and operating performance, results of operations, business and capital deployment strategies and plans, customer behavior, competitive position, industry environment and growth opportunities, and the development and adoption of EVA technology. These statements are based on management’s current expectations and beliefs, as well as a number of assumptions concerning future events. Actual results may differ materially from the results predicted, and reported results should not be considered as an indication of future performance.
Such forward-looking statements are subject to known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside Blade’s control, that could cause actual results to differ materially from the results discussed in the forward-looking statements. Factors that could cause actual results to differ materially from those expressed or implied in forward-looking statements include: our continued incurrence of significant losses; the impact of the COVID-19 pandemic and its related effects, failure of the markets for our offerings to grow as expected, or at all; our ability to effectively market and sell air transportation as a substitute for conventional methods of transportation; the inability or unavailability to use or take advantage of the shift, or lack thereof, to EVA technology; our ability to successfully enter new markets and launch new routes and services; any adverse publicity stemming from accidents involving small aircraft, helicopters or charter flights and, in particular, any accidents involving our third-party operators; the effects of competition; harm to our reputation and brand; our ability to provide high-quality customer support; our ability to maintain a high daily aircraft usage rate; changes in consumer preferences, discretionary spending and other economic conditions; impact of natural disasters, outbreaks and pandemics, economic, social, weather, growth constraints, and regulatory conditions or other circumstances on metropolitan areas and airports where we have geographic concentration; the effects of climate change, including potential increased impacts of severe weather and regulatory activity; the availability of aircraft fuel; our ability to address system failures, defects, errors, or vulnerabilities in our website, applications, backend systems or other technology systems or those of third-party technology providers; interruptions or security breaches of our information technology systems; our placements within mobile applications; our ability to protect our intellectual property rights; our use of open source software; our ability to expand and maintain our infrastructure network; our ability to access additional funding; the increase of costs and risks associated with international expansion; our ability to identify, complete and successfully integrate future acquisitions; our ability to manage our growth; increases in insurance costs or reductions in insurance coverage; the loss of key members of our management team; our ability to maintain our company culture; our reliance on contractual relationships with certain transplant centers and Organ Procurement Organizations; effects of fluctuating financial results; our reliance on third-party operators; the availability of third-party operators; disruptions to third party operators; increases in insurance costs or reductions in insurance coverage for our third-party aircraft operators; the possibility that our third-party aircraft operators may illegally, improperly or otherwise inappropriately operate our branded aircraft; our reliance on third-party web service providers; changes in our regulatory environment; regulatory obstacles in local governments; the expansion of domestic and foreign privacy and security laws; the expansion of environmental regulations; our ability to remediate any material weaknesses or maintain internal controls over financial reporting; our ability to maintain effective internal controls and disclosure controls; changes in the fair value of our warrants; and other factors beyond our control. Additional factors can be found in our most recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q, each as filed with the U.S. Securities and Exchange Commission. New risks and uncertainties arise from time to time, and it is impossible for us to predict these events or how they may affect us. You are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made, and Blade undertakes no obligation to update or revise the forward-looking statements, whether as a result of new information, changes in expectations, future events or otherwise. We are unable to reconciled forward-looking non-GAAP guidance, including Flight Profit Margin, Adjusted Corporate Expenses, and Adjusted EBITDA, without unreasonable effort due to the variability and low visibility with respect to certain costs, the most significant of which are incentive compensation, transaction-related expenses, and certain value measurements, which may have unpredictable, and potentially significant, impact on future GAAP financial results.
Contacts
For Media Relations
Lee Gold
[email protected]
For Investor Relations
Mat Schneider
[email protected]