Wesco Aircraft Holdings (WAIR) Tops Q1 EPS by 1c, Revenues Beat

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Wesco Aircraft Holdings Reports Fiscal 2019 First Quarter Results

January 31, 2019 4:15 PM EST

VALENCIA, Calif., Jan. 31, 2019 (GLOBE NEWSWIRE) -- Wesco Aircraft Holdings, Inc. (NYSE: WAIR), the world's leading independent distributor and provider of comprehensive supply chain management services to the global aerospace industry, today announced results for its fiscal 2019 first quarter ended December 31, 2018.

Fiscal 2019 First Quarter Highlights

Net sales of $395.3 million, up 8.9 percentNet income of $6.3 million, or $0.06 per diluted shareAdjusted net income(1) of $16.6 million, or $0.17 per diluted shareAdjusted earnings before interest, taxes, depreciation and amortization(1) (EBITDA) of $37.4 million, or 9.5 percent of net sales... More