Eve Holding (EVEX) reported a Q1 loss Monday of $0.16 per diluted share, widening from a loss of $0.09 a year earlier.
Five analysts polled by FactSet expected a loss of $0.15.
As expected, no revenue for the quarter ended March 31 was reported.
As of March 31, the company said it had $59.5 million in cash and cash equivalents, financial investments of $228.1 million and available debt to be drawn of $122.7 million. It expects this to fund operations for at least the next 12 months.
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