ABX Air, Inc. Reports First Quarter Earnings of $6.0 Million.

Business WireMay 03, 2004

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ABX Air, Inc. Reports First Quarter Earnings of $6.0 Million.

Business Editors

WILMINGTON, Ohio--(BUSINESS WIRE)--May 3, 2004

ABX Air, Inc. (OTC:ABXA) today reported that for the quarter ended March 31, 2004, revenues were $276.7 million and net earnings were $6.0 million, or $0.10 per diluted share. For the first quarter of 2003, ABX earned $3.7 million, or $0.06 per diluted share on revenues of $310.7 million.

ABX became an independent public company effective August 16, 2003, as a result of the separation from its former parent company, Airborne, Inc. ("Airborne"), which was acquired by DHL Worldwide Express B.V. ("DHL"). Effectiv...

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