Heico Corp. (HEI) Tops Q1 EPS by 3c

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Go back to Heico Corp. (HEI) Tops Q1 EPS by 3c

HEICO Corporation Reports Strong Operating Cash Flows in the First Quarter of Fiscal 2021; Up 32%

February 23, 2021 4:15 PM EST

Second Consecutive Quarter of Sequential Improvement in Net Sales and Operating Income at Flight Support Group

HOLLYWOOD, Fla. & MIAMI--(BUSINESS WIRE)-- HEICO Corporation (NYSE: HEI.A) (NYSE: HEI) today reported net income of $70.6 million, or $.51 per diluted share, in the first quarter of fiscal 2021, as compared to $121.9 million, or $.89 per diluted share, in the first quarter of fiscal 2020.

Net income, operating income and net sales in the first quarter of fiscal 2021 were adversely affected by the COVID-19 global pandemic as... More