Heico Corp. (HEI) Tops Q3 EPS by 1c

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HEICO Corporation Reports Record Net Sales for the Third Quarter of Fiscal 2023

August 28, 2023 4:16 PM EDT

Fiscal 2023 3rd Quarter Net Income up 24% on 16% Operating Income Increase, and Record Net Sales - Which Increased 27%

HOLLYWOOD, FL and MIAMI, FL / ACCESSWIRE / August 28, 2023 / HEICO CORPORATION (NYSE: HEI.A)(NYSE: HEI) today reported net sales increased 27% to a record $722.9 million in the third quarter of fiscal 2023, up from $569.5 million in the third quarter of fiscal 2022. Operating income increased 16% to $149.4 million in the third quarter of fiscal 2023, up from $128.7 million in the third quarter of fiscal 2022. The Company's consolidated operating margin was... More