Heico Corp. (HEI) Misses Q2 EPS by 5c

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HEICO Corporation Reports Record Operating Income And Net Sales For The Third Quarter And First Nine Months Of Fiscal 2022

August 29, 2022 5:07 PM EDT

3rd Quarter of Fiscal 2022 Operating Income Increased 28% on a Net Sales Increase of 21%

HOLLYWOOD, FL and MIAMI, FL / ACCESSWIRE / August 29, 2022 / HEICO CORPORATION (NYSE: HEI.A) (NYSE: HEI) today reported net sales increased 21% to a record $569.5 million in the third quarter of fiscal 2022, up from $471.7 million in the third quarter of fiscal 2021. Operating income increased 28% to a record $128.7 million in the third quarter of fiscal 2022, up from $100.8 million in the third quarter of fiscal 2021. The Company's consolidated operating margin improved to... More