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New Horizon Aircraft Ltd.
New Horizon Aircraft (HOVR) reported its financial results for the first quarter of fiscal 2027, ended August 31, 2026. The company holds over $70 million in cash, which management expects will be sufficient to fund operations for at least the next 24 months. Development of the 'Cavorite X7' hybrid-electric VTOL aircraft remains on track, with initial testing targeted for early 2027.…more
New Horizon Aircraft Ltd.
New Horizon Aircraft Ltd. has filed its Form 10-Q for the quarterly period ended August 31, 2026. The company reported cash and cash equivalents of 70.06 million CAD, with 67,123,941 Class A ordinary shares issued and outstanding as of October 9, 2026.…more
New Horizon Aircraft Ltd.
Thomas Joseph Hearne of New Horizon Aircraft Ltd. has executed a power of attorney for the filing of SEC documents. Effective September 1, 2026, this authorization empowers designated attorneys-in-fact to file Form ID, 3, 4, 5, and Schedule 13D/13G on his behalf.…more
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New Horizon Aircraft Q1 EPS $(0.06) Beats Estimates
New Horizon Aircraft reported a Q1 loss per share of $0.06, outperforming the analyst consensus estimate of $0.08. The company significantly narrowed its losses compared to the $0.29 loss per share recorded in the same period last year.…more
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Major companies including Delta Air Lines are scheduled to report their quarterly earnings on October 9. Investors are closely watching whether Delta's EPS and revenue will meet market expectations.…more
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The Nasdaq Composite fell over 300 points as rising oil prices and geopolitical tensions weakened investor sentiment. The CNN Fear & Greed Index remains in the 'Fear' zone, reflecting ongoing market uncertainty.…more
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