Heico Corp. (HEI) Reports Q2 EPS of $0.49

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Go back to Heico Corp. (HEI) Reports Q2 EPS of $0.49

HEICO Corporation Reports Record Net Income, Operating Income and Net Sales for the Six Months Ended April 30, 2015; Confirms Full Year Fiscal 2015 Net Income and Net Sales Growth Estimates

May 19, 2015 5:06 PM EDT

HOLLYWOOD, Fla. and MIAMI, Fla., May 19, 2015 (GLOBE NEWSWIRE) -- HEICO CORPORATION (NYSE:HEI.A) (NYSE: HEI) today reported that net income increased 17% to $33.1 million, or 49 cents per diluted share, in the second quarter of fiscal 2015, up from $28.4 million, or 42 cents per diluted share, in the second quarter of fiscal 2014.  In the first six months of fiscal 2015, net income increased 9% to a record $60.7 million, or 90 cents per diluted share, up from $55.8 million, or 83 cents per diluted share, in the first six months of fiscal 2014.

Operating income increased 13% to a record of $55.8 million in the second... More