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

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Wesco Aircraft Holdings Reports Fiscal 2017 Second Quarter Results

May 9, 2017 4:15 PM EDT

VALENCIA, Calif., May 09, 2017 (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 2017 second quarter ended March 31, 2017.

Fiscal 2017 Second Quarter Highlights

Net sales of $364.6 million, down 3.2 percentConstant-currency sales(1) of $374.0 million, down 0.7 percentNet income of $17.4 million, or $0.18 per diluted shareAdjusted net income(1) of $21.1 million, or $0.21 per diluted shareAdjusted earnings before interest, taxes, depreciation and amortization(1) (EBITDA) of $39.0 million, or 10.7 percent... More