Wesco Aircraft Holdings (WAIR) Misses Q2 EPS by 3c

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Wesco Aircraft Holdings Reports Fiscal 2016 Second Quarter Results

May 5, 2016 4:19 PM EDT

VALENCIA, Calif., May 05, 2016 (GLOBE NEWSWIRE) -- Wesco Aircraft Holdings, Inc. (NYSE: WAIR), the world's leading provider of comprehensive supply chain management services to the global aerospace industry, today announced results for its fiscal 2016 second quarter.

Fiscal 2016 Second Quarter Highlights

Net sales of $376.7 million, down 2.3 percent Net sales excluding currency effects of $382.9 million, down 0.7 percent Net income of $23.5 million, or $0.24 per diluted share Adjusted net income of $28.0 million, or $0.29 per diluted shareAdjusted EBITDA of $50.8 million, or 13.5 percent of net sales

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