Wesco Aircraft Holdings (WAIR) Tops Q2 EPS by 3c, Revenues Beat

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Go back to Wesco Aircraft Holdings (WAIR) Tops Q2 EPS by 3c, Revenues Beat

Wesco Aircraft Holdings Reports Fiscal 2019 Second Quarter Results

May 2, 2019 4:18 PM EDT

VALENCIA, Calif., May 02, 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 second quarter ended March 31, 2019.

Fiscal 2019 Second Quarter Highlights

Net sales of $426.5 million, up 9.3 percentNet income of $12.0 million, or $0.12 per diluted shareAdjusted net income(1) of $23.2 million, or $0.23 per diluted shareAdjusted earnings before interest, taxes, depreciation and amortization(1) (EBITDA) of $46.3 million, or 10.9 percent of net salesNet cash provided by operating... More