🟢 Volaris is trading 11% up today after revenue and loss per ADS beat estimates

Volaris is trading at MXN 11.42, up +10.55%, after third-quarter revenue exceeded expectations and loss per ADS beat consensus.

• Revenue was $1.038 billion, up 32.4% year over year; the company reported a $26 million net loss, narrower than analysts expected.
• Operating expenses rose 40.2%, faster than revenue.
• Volaris reported results after the October 26 close, making the release the clearest catalyst for the October 27 move.