Wheels Up Inc. Focuses on Profitability with Mixed Q2 2023 Results

Wheels Up Inc. (NYSE: UP), a key player in the aviation industry, recently released its second-quarter 2023 results, revealing a mixed performance. The company’s strategic efforts to prioritize profitability are evident, but some challenges impacted its financials. Active Members and Users: In Q2 2023, Wheels Up reported an 8% year-over-year decrease in active members, with […]

Southland Holdings Reports Q2 2023 Financial Results: Revenue Decline and Losses Amidst Growing Backlog

Southland Holdings, Inc. (NYSE American: SLND and SLND WS), a prominent provider of specialized infrastructure construction services, released its financial results for the second quarter ended June 30, 2023. The report showcased both challenges and opportunities for the company in the current market landscape. Revenue Decline: In Q2 2023, Southland Holdings reported total revenue of […]

Drive Shack Inc. Announces Intention to Voluntarily Delist from NYSE

Last week, Drive Shack Inc. (NYSE: DS), a leading owner and operator of golf-related leisure and entertainment businesses, announced its intention to voluntarily delist from the New York Stock Exchange (“NYSE”) and to deregister its common stock under Section 12(b) and Section 12(g) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), […]