Wesco Aircraft Holdings (WAIR) Reports In-Line Q4 EPS, Revenue Comes in Light, Offers FY17 Guidance
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Wesco Aircraft Holdings Reports Fiscal 2016 Fourth Quarter Results
November 17, 2016 4:28 PM ESTVALENCIA, Calif., Nov. 17, 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 fourth quarter ended September 30, 2016.
Fiscal 2016 Fourth Quarter Highlights(1)
Net sales of $365.6 million, down 1.1 percentConstant-currency sales(2) of $377.2 million, up 2.0 percentNet income of $23.3 million, or $0.24 per diluted shareAdjusted net income(3) of $29.9 million, or $0.30 per diluted shareAdjusted earnings before interest, taxes, depreciation and amortization(3) (EBITDA) of $49.6 million, or 13.6 percent of net... More