Willis Lease Finance (WLFC) Misses Q1 EPS by 27c
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Willis Lease Finance Reports 2Q15 Results with Utilization Increasing to 87%
July 31, 2015 9:00 AM EDTNOVATO, Calif., July 31, 2015 (GLOBE NEWSWIRE) -- Willis Lease Finance Corporation (NASDAQ: WLFC), the premier independent jet engine lessor in the commercial finance sector, today reported that following a $3.1 million non-cash write-down related to the part-out of a wide-body aircraft engine, its second quarter 2015 net loss was $0.5 million, or $0.06 per share, compared to net income of $2.2 million, or $0.27 per diluted share, in the second quarter of 2014, and net income of $2.3 million, or $0.29 per diluted share in the first quarter of 2015. For the first six months of 2015, net income was $1.8 million, or $0.23 per diluted share, compared to... More
