Heico Corp. (HEI) Reports Q4 EPS of $0.56, Offers Guidance
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HEICO Corporation Reports Record Net Sales, Operating Income and Net Income for the Fourth Quarter and Full Year of Fiscal 2015; Targets Continued Growth in Fiscal 2016
December 15, 2015 4:15 PM ESTHOLLYWOOD, Fla. and MIAMI, Dec. 15, 2015 (GLOBE NEWSWIRE) -- HEICO CORPORATION (NYSE:HEI.A) (NYSE: HEI) today reported that net income increased 19% to a record $38.3 million, or 56 cents per diluted share, in the fourth quarter of fiscal 2015, up from $32.1 million, or 48 cents per diluted share, in the fourth quarter of fiscal 2014. Net income in the fourth quarter of fiscal 2014 includes a benefit of approximately $1.7 million or 3 cents per diluted share, from a net reduction in accrued contingent consideration and impairment losses related to a prior year acquisition.
For the full fiscal year ended October 31, 2015, net... More
