Eve Holding, Inc. Reports Fourth Quarter and FY2023 Results
MELBOURNE, Fla., March 8, 2024 /PRNewswire/ -- Eve Holding, Inc. ("Eve") (NYSE: EVEX and EVEXW) reports its fourth quarter and fiscal year 2023 earnings results.
- MELBOURNE, Fla., March 8, 2024 /PRNewswire/ -- Eve Holding, Inc. ("Eve") (NYSE: EVEX and EVEXW) reports its fourth quarter and fiscal year 2023 earnings results.
- Eve Air Mobility accomplished several milestones on our journey to shape the global Urban Air Mobility (UAM) ecosystem in 2023.
- Our R&D costs are primarily driven by the MSA with Embraer that performs several developmental activities for Eve.
- R&D associated with Eve's aircraft development and SG&A expenses were the main contributors to the higher cash consumption during the quarter.