Heico Corp. (HEI) Tops Q2 EPS by 3c

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Go back to Heico Corp. (HEI) Tops Q2 EPS by 3c

HEICO Corporation Reports Record Net Income, Operating Income and Net Sales for the Second Quarter of Fiscal 2017; Full Fiscal Year 2017 Growth Estimates Raised in Net Sales, Net Income and Cash Flow

May 23, 2017 4:15 PM EDT

2nd Quarter Net Income up 18% on Operating Income Increase of 15%

HOLLYWOOD, Fla. & MIAMI--(BUSINESS WIRE)-- HEICO CORPORATION (NYSE: HEI.A) (NYSE: HEI) today reported that net income increased 18% to a record $45.7 million, or 53 cents per diluted share, in the second quarter of fiscal 2017, up from $38.7 million, or 45 cents per diluted share, in the second quarter of fiscal 2016. In the first six months of fiscal 2017, net income increased 24% to a record $86.6 million, or $1.00 per diluted share, up from $69.9 million, or 82... More