Heico Corp. (HEI) Reports Q3 EPS of $0.62

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Go back to Heico Corp. (HEI) Reports Q3 EPS of $0.62

HEICO Corporation Reports Record Net Sales, Operating Income and Net Income for the Third Quarter of Fiscal 2016; Full Year Fiscal 2016 Net Income Growth Estimates Raised

August 24, 2016 4:20 PM EDT

HOLLYWOOD, Fla. and MIAMI, Aug. 24, 2016 (GLOBE NEWSWIRE) -- HEICO CORPORATION (NYSE:HEI.A) (NYSE: HEI) today reported that net income increased 22% to a record $42.0 million, or 62 cents per diluted share, in the third quarter of fiscal 2016, up from $34.4 million, or 51 cents per diluted share, in the third quarter of fiscal 2015.  In the first nine months of fiscal 2016, net income increased 18% to a record $111.9 million, or $1.64 per diluted share, up from $95.1 million, or $1.40 per diluted share, in the first nine months of fiscal 2015.

Net sales increased 19% to a record $356.1 million in the third quarter... More

Gabelli & Company’s 22nd Annual Aircraft Supplier & Connectivity Conference

August 22, 2016 8:31 AM EDT

RYE, N.Y.--(BUSINESS WIRE)-- Gabelli & Company will host its 22nd Annual Aircraft Supplier & Connectivity Conference on September 8, 2016 in New York City. This research meeting will feature presentations by senior management of several leading aerospace and defense companies, with an emphasis on industry dynamics, new technologies, and company fundamentals.

We look forward to the addition of connectivity companies at... More