Wesco Aircraft Holdings (WAIR) Tops Q1 EPS by 1c

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Wesco Aircraft Holdings Reports Fiscal 2016 First Quarter Results

February 4, 2016 4:20 PM EST

VALENCIA, Calif., Feb. 04, 2016 (GLOBE NEWSWIRE) -- Wesco Aircraft Holdings, Inc. (NYSE: WAIR), a leading provider of comprehensive supply chain management services to the global aerospace industry, today announced results for its fiscal 2016 first quarter.

Fiscal 2016 First Quarter Highlights

Net sales of $359.8 million, down four percentNet sales excluding currency effects of $366.1 million, down two percentNet income of $20.6 million, or $0.21 per diluted shareAdjusted net income of $24.2 million, or $0.25 per diluted shareAdjusted EBITDA of $45.6 million, or 12.7 percent of net sales... More