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Beta Technologies posted its first quarterly results on Thursday since the stock debuted on the New York Stock Exchange .
The electric aircraft maker, which went public last month, reported revenue of $8.9 million, more than double the $3.1 million from a year ago.
"As a newly public company, we remain firmly grounded in what makes BETA unique—our simple, stepwise approach, our vertical integration and our focus on designing and manufacturing the complete electric aviation ecosystem to meet the needs of customers around the world," CEO Kyle Clark said in a statement.
Net loss widened to $452 million, a loss of $9.83 per share, from a loss of $82.1 million, a loss of $1.81 per share, in the year-ago period.
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