HEICO (HEI) PT Raised to $100 at Canaccord Genuity Following 2Q
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HEICO Corporation Reports Second Quarter of Fiscal 2020 Results
May 26, 2020 4:15 PM EDT15% Increase in Net Cash Provided by Operating Activities for First Half of Fiscal 2020
HOLLYWOOD, Fla. & MIAMI--(BUSINESS WIRE)-- HEICO CORPORATION (NYSE: HEI.A) (NYSE: HEI) today reported that net income increased 22% to a record $197.3 million, or $1.44 per diluted share, in the first six months of fiscal 2020, up from $161.1 million, or $1.18 per diluted share, in the first six months of fiscal 2019. In the second quarter of fiscal 2020, net income decreased 8% to $75.5 million, or 55 cents per diluted share, as compared to $81.8 million, or 60 cents per... More
