AerSale Corporation (ASLE) Tops Q2 EPS by 38c

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Go back to AerSale Corporation (ASLE) Tops Q2 EPS by 38c

AerSale Reports Second Quarter 2022 Results

August 8, 2022 4:05 PM EDT

Second Quarter 2022 Highlights

Revenue of $139.6 million, up 51.9% as compared to prior year period. GAAP net income of $26.5 million, or 18.9% of sales, up 59.9% as compared to prior year period. Adjusted Net Income of $31.7 million, or 22.7% of sales, up 45.3% as compared to prior year period. Adjusted EBITDA of $41.1 million or 29.4% of sales, up 35.2% as compared to prior year period. Flight equipment sales consisted of three aircraft and three engines, which included two AerSale converted Boeing 757 freighter aircraft. Continue to monetize Boeing 757s with one additional... More