AeroCentury (ACY) Reports Q2 EPS of $0.87

AeroCentury (NYSE: ACY) reported Q2 EPS of $0.87, versus $0.48 reported last year. Revenue for the quarter came in at $6.33 million, versus $6.44 million reported last year.

"Our initiatives to modernize our portfolio of regional aircraft have generated improved utilization and contributed to strong lease revenues this year," said Neal D. Crispin, President and Chief Executive Officer. "We are also pleased to have the continuing support of a strong majority of our shareholders in the recent annual election of directors. We view this year's proxy results from our shareholders as a vote of confidence in both our board of directors and in our business model."

For earnings history and earnings-related data on AeroCentury (ACY) click here.

You May Also Be Interested In

• Klarna shares tumble on weak full-year revenue guidance
• EXL closes $1 billion credit facility, up from $600 million
• Sypris Solutions (SYPR) Reports Q2 Loss of $0.14