HEI - Earnings announcements

HOLLYWOOD, FL and MIAMI, FL / ACCESSWIRE / December 17, 2024 / HEICO CORPORATION (NYSE:HEI)(NYSE:HEI) today reported net income increased 35% to a record $139.7 million, or $.99 per diluted share, in the fourth quarter of fiscal 2024, up from $103.4 million, or $.74 per diluted share, in the fourth quarter of fiscal 2023. Net income increased 27% to a record $514.1 million, or $3.67 per diluted share, in the fiscal year ended October 31, 2024, up from $403.6 million, or $2.91 per diluted share, in the fiscal year ended October 31, 2023.Net sales increased 8% to a record $1,013.7 million in the fourth quarter of fiscal 2024, up from $936.4 million in the fourth quarter of fiscal 2023. Operati

HOLLYWOOD, FL and MIAMI, FL / ACCESSWIRE / December 3, 2024 / On December 17, 2024 after the NYSE closing, HEICO Corporation (NYSE:HEI)(NYSE:HEI) will release its financial results for the fourth quarter ended October 31, 2024. The earnings release will be available through the Internet on the Company's website at https://www.heico.com.In order to assist interested parties in scheduling their participation in HEICO teleconferences, the Company issues advance notices of conference calls.HEICO will hold a conference call on Wednesday, December 18, 2024 at 9:00 a.m. Eastern Standard Time to discuss its fourth quarter results. Individuals wishing to participate in the conference call should dial

HOLLYWOOD, FL and MIAMI, FL / ACCESSWIRE / August 26, 2024 / HEICO CORPORATION (NYSE:HEI)(NYSE:HEI) today reported net income increased 34% to a record $136.6 million, or $.97 per diluted share, in the third quarter of fiscal 2024, up from $102.0 million, or $.74 per diluted share, in the third quarter of fiscal 2023. Net income increased 25% to a record $374.4 million, or $2.67 per diluted share, in the first nine months of fiscal 2024, up from $300.2 million, or $2.17 per diluted share, in the first nine months of fiscal 2023.Net sales increased 37% to a record $992.2 million in the third quarter of fiscal 2024, up from $722.9 million in the third quarter of fiscal 2023. Operating income i

HOLLYWOOD, FL and MIAMI, FL / ACCESSWIRE / August 13, 2024 / On August 26, 2024 after the NYSE closing, HEICO Corporation (NYSE:HEI)(NYSE:HEI) will release its financial results for the third quarter ended July 31, 2024. The earnings release will be available through the Internet on the Company's website at https://www.heico.com.In order to assist interested parties in scheduling their participation in HEICO teleconferences, the Company issues advance notices of conference calls.HEICO will hold a conference call on Tuesday, August 27, 2024 at 9:00 a.m. Eastern Daylight Time to discuss its third quarter results. Individuals wishing to participate in the conference call should dial: US and Can

HOLLYWOOD, FL and MIAMI, FL / ACCESSWIRE / May 28, 2024 / HEICO CORPORATION (NYSE:HEI)(NYSE:HEI) today reported an increase in net income of 17% to a record $123.1 million, or $.88 per diluted share, in the second quarter of fiscal 2024, up from $105.1 million, or $.76 per diluted share, in the second quarter of fiscal 2023. Net income increased 20% to a record $237.8 million, or $1.70 per diluted share, in the first six months of fiscal 2024, up from $198.1 million, or $1.43 per diluted share, in the first six months of fiscal 2023.Net sales increased 39% to a record $955.4 million in the second quarter of fiscal 2024, up from $687.8 million in the second quarter of fiscal 2023. Operating i

HOLLYWOOD, FL and MIAMI, FL / ACCESSWIRE / May 13, 2024 / On May 28, 2024 after the NYSE closing, HEICO Corporation (NYSE:HEI)(NYSE:HEI) will release its financial results for the second quarter ended April 30, 2024. The earnings release will be available through the Internet on the Company's website at https://www.heico.com.In order to assist interested parties in scheduling their participation in HEICO teleconferences, the Company issues advance notices of conference calls.HEICO will hold a conference call on Wednesday, May 29, 2024 at 9:00 a.m. Eastern Daylight Time to discuss its second quarter results. Individuals wishing to participate in the conference call should dial: US and Canada

HOLLYWOOD, FL and MIAMI, FL / ACCESSWIRE / February 26, 2024 / HEICO CORPORATION (NYSE:HEI)(NYSE:HEI) today reported an increase in net income of 23% to $114.7 million, or $.82 per diluted share, in the first quarter of fiscal 2024, up from $93.0 million, or $.67 per diluted share, in the first quarter of fiscal 2023.Net sales increased 44% to $896.4 million in the first quarter of fiscal 2024, up from $620.9 million in the first quarter of fiscal 2023. Operating income increased 39% to $180.2 million in the first quarter of fiscal 2024, up from $129.4 million in the first quarter of fiscal 2023. The Company's consolidated operating margin was 20.1% in the first quarter of fiscal 2024, as co

HOLLYWOOD, FL and MIAMI, FL / ACCESSWIRE / February 8, 2024 / On February 26, 2024 after the NYSE closing, HEICO Corporation (NYSE:HEI)(NYSE:HEI) will release its financial results for the first quarter ended January 31, 2024. The earnings release will be available through the Internet on the Company's website at https://www.heico.com.In order to assist interested parties in scheduling their participation in HEICO teleconferences, the Company issues advance notices of conference calls.HEICO will hold a conference call on Tuesday, February 27, 2024 at 9:00 a.m. Eastern Standard Time to discuss its first quarter results. Individuals wishing to participate in the conference call should dial: US

4th Quarter of Fiscal 2023 Operating Income Increased 29% on a Net Sales Increase of 54%; Full Fiscal Year 2023 Net Income, Operating Income and Net Sales Set All-Time RecordsHOLLYWOOD, FL and MIAMI, FL / ACCESSWIRE / December 18, 2023 / HEICO CORPORATION (NYSE:HEI)(NYSE:HEI) today reported net sales increased 54% to a record $936.4 million in the fourth quarter of fiscal 2023, up from $609.6 million in the fourth quarter of fiscal 2022. Operating income increased 29% to a record $189.4 million in the fourth quarter of fiscal 2023, up from $146.5 million in the fourth quarter of fiscal 2022. The Company's consolidated operating margin was 20.2% in the fourth quarter of fiscal 2023, as compar

HOLLYWOOD, FL and MIAMI, FL / ACCESSWIRE / December 5, 2023 / On December 18, 2023 after the NYSE closing, HEICO Corporation (NYSE:HEI)(NYSE:HEI) will release its financial results for the fourth quarter ended October 31, 2023. The earnings release will be available through the Internet on the Company's website at http://www.heico.com.In order to assist interested parties in scheduling their participation in HEICO teleconferences, the Company issues advance notices of conference calls.HEICO will hold a conference call on Tuesday, December 19, 2023 at 9:00 a.m. Eastern Daylight Time to discuss its fourth quarter results. Individuals wishing to participate in the conference call should dial: U

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)(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 20.7% in the third quarter of fiscal 2023, as compared to 22.6% in the third quarter of fiscal 2022.Net sales increased 27% t

HOLLYWOOD, FL and MIAMI, FL / ACCESSWIRE / August 15, 2023 / On August 28, 2023 after the NYSE closing, HEICO Corporation (NYSE:HEI)(NYSE:HEI) will release its financial results for the third quarter ended July 31, 2023. The earnings release will be available through the Internet on the Company's website at http://www.heico.com.In order to assist interested parties in scheduling their participation in HEICO teleconferences, the Company issues advance notices of conference calls.HEICO will hold a conference call on Tuesday, August 29, 2023 at 9:00 a.m. Eastern Daylight Time to discuss its third quarter results. Individuals wishing to participate in the conference call should dial: US and Cana

2nd Quarter of Fiscal 2023 Net Income up 24% on Record Operating Income, which Increased 28%, and Record Net Sales, which Increased 28%HOLLYWOOD, FL and MIAMI, FL / ACCESSWIRE / May 22, 2023 / HEICO CORPORATION (NYSE:HEI)(NYSE:HEI) today reported net sales increased 28% to a record $687.8 million in the second quarter of fiscal 2023, up from $538.8 million in the second quarter of fiscal 2022. Operating income increased 28% to a record $157.1 million in the second quarter of fiscal 2023, up from $122.8 million in the second quarter of fiscal 2022. The Company's consolidated operating margin was 22.8% in both the second quarter of fiscal 2023 and 2022.Net sales increased 27% to a record $1,30

HOLLYWOOD, FL and PEACHTREE CITY, GA / ACCESSWIRE / May 15, 2023 / HEICO Corporation (NYSE:HEI)(NYSE:HEI) today announced that it entered into an agreement to acquire Wencor Group ("Wencor") from affiliates of Warburg Pincus LLC and Wencor's management for $1.9 billion in cash and $150 million in HEICO Class A Common Stock1 to be paid at closing, or $2.05 billion in the aggregate.The transaction will be HEICO's largest ever in purchase price, as well as revenues and income acquired. Wencor will become part of HEICO's Flight Support Group.HEICO stated that it expects the highly synergistic acquisition to be accretive to its earnings within the year following the closing. Further, HEICO antici

HOLLYWOOD, FL and MIAMI, FL / ACCESSWIRE / May 9, 2023 / On May 22, 2023 after the NYSE closing, HEICO Corporation (NYSE:HEI) (NYSE:HEI) will release its financial results for the second quarter ended April 30, 2023. The earnings release will be available through the Internet on the Company's website at http://www.heico.com.In order to assist interested parties in scheduling their participation in HEICO teleconferences, the Company issues advance notices of conference calls.HEICO will hold a conference call on Tuesday, May 23, 2023 at 9:00 a.m. Eastern Daylight Time to discuss its second quarter results. Individuals wishing to participate in the conference call should dial: US and Canada (88

1st Quarter of Fiscal 2023 Operating Income Increased 31% on a Net Sales Increase of 27%HOLLYWOOD, FL and MIAMI, FL / ACCESSWIRE / February 27, 2023 / HEICO CORPORATION (NYSE:HEI)(NYSE:HEI) today reported net sales increased 27% to a record $620.9 million in the first quarter of fiscal 2023, up from $490.3 million in the first quarter of fiscal 2022. Operating income increased 31% to $129.4 million in the first quarter of fiscal 2023, up from $98.8 million in the first quarter of fiscal 2022. The Company's consolidated operating margin improved to 20.8% in the first quarter of fiscal 2023, up from 20.2% in the first quarter of fiscal 2022.Net income attributable to HEICO in the first quarter

HOLLYWOOD, FL and MIAMI, FL / ACCESSWIRE / February 13, 2023 / On February 27, 2023 after the NYSE closing, HEICO Corporation (NYSE:HEI)(NYSE:HEI) will release its financial results for the first quarter ended January 31, 2023. The earnings release will be available through the Internet on the Company's website at http://www.heico.com.In order to assist interested parties in scheduling their participation in HEICO teleconferences, the Company issues advance notices of conference calls.HEICO will hold a conference call on Tuesday, February 28, 2023 at 9:00 a.m. Eastern Standard Time to discuss its first quarter results. Individuals wishing to participate in the conference call should dial: US

4th Quarter of Fiscal 2022 Operating Income Increased 27% on a Net Sales Increase of 20%; Full Fiscal Year 2022 Net Income, Operating Income and Net Sales Set All-Time RecordsHOLLYWOOD, FL and MIAMI, FL / ACCESSWIRE / December 19, 2022 / HEICO CORPORATION (NYSE:HEI) (NYSE:HEI) today reported net sales increased 20% to a record $609.6 million in the fourth quarter of fiscal 2022, up from $509.4 million in the fourth quarter of fiscal 2021. Operating income increased 27% to a record $146.5 million in the fourth quarter of fiscal 2022, up from $115.0 million in the fourth quarter of fiscal 2021. The Company's consolidated operating margin improved to 24.0% in the fourth quarter of fiscal 2022,

HOLLYWOOD, FL and MIAMI, FL / ACCESSWIRE / December 7, 2022 / On December 19, 2022, after the NYSE closing, HEICO Corporation (NYSE:HEI)(NYSE:HEI) will release its financial results for the fourth quarter ended October 31, 2022. The earnings release will be available through the Internet on the Company's website at http://www.heico.com.In order to assist interested parties in scheduling their participation in HEICO teleconferences, the Company issues advance notices of conference calls.HEICO will hold a conference call on Tuesday, December 20, 2022 at 9:00 a.m. Eastern Standard Time to discuss its fourth quarter results. Individuals wishing to participate in the conference call should dial:

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) (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 22.6% in the third quarter of fiscal 2022, up from 21.4% in the third quarter of fiscal 2021.Net sales increased 18% to a record $1,598.7

HOLLYWOOD and MIAMI, FL / ACCESSWIRE / August 16, 2022 / On August 29, 2022, after the NYSE closing, HEICO Corporation (NYSE:HEI) (NYSE:HEI) will release its financial results for the third quarter ended July 31, 2022. The earnings release will be available through the Internet on the Company's website at http://www.heico.com.In order to assist interested parties in scheduling their participation in HEICO teleconferences, the Company issues advance notices of conference calls.HEICO will hold a conference call on Tuesday, August 30, 2022 at 9:00 a.m. Eastern Daylight Time to discuss its third quarter results. Individuals wishing to participate in the conference call should dial: US and Canada

2nd Quarter of Fiscal 2022 Net Income up 20% on Record Operating Income, which Increased 27%, and Net Sales, which Increased 15%HOLLYWOOD, FL and MIAMI, FL / ACCESSWIRE / May 23, 2022 / HEICO CORPORATION (NYSE:HEI) (NYSE:HEI) today reported an increase in net income of 20% to $85.0 million, or $.62 per diluted share, in the second quarter of fiscal 2022, up from $70.7 million, or $.51 per diluted share, in the second quarter of fiscal 2021. Net income increased 22% to $171.9 million, or $1.25 per diluted share, in the first six months of fiscal 2022, up from $141.3 million, or $1.03 per diluted share, in the first six months of fiscal 2021.Improvement in the commercial aerospace market has r

HOLLYWOOD and MIAMI, FL / ACCESSWIRE / May 11, 2022 / On May 23, 2022, after the NYSE closing, HEICO Corporation (NYSE:HEI) (NYSE:HEI) will release its financial results for the second quarter ended April 30, 2022. The earnings release will be available through the Internet on the Company's website at http://www.heico.com.In order to assist interested parties in scheduling their participation in HEICO teleconferences, the Company issues advance notices of conference calls.HEICO will hold a conference call on Tuesday, May 24, 2022 at 9:00 a.m. Eastern Daylight Time to discuss its second quarter results. Individuals wishing to participate in the conference call should dial: US and Canada (833)

1st Quarter of Fiscal 2022 Net Income up 23% on Operating Income Increase of 23% and Net Sales Increase of 17%HOLLYWOOD, FL and MIAMI, FL / ACCESSWIRE / February 23, 2022 / HEICO CORPORATION (NYSE:HEI)(NYSE:HEI) today reported an increase in net income of 23% to $86.9 million, or $.63 per diluted share, in the first quarter of fiscal 2022, up from $70.6 million, or $.51 per diluted share, in the first quarter of fiscal 2021.While net income, operating income and net sales in the first quarter of fiscal 2022 and 2021 were adversely affected by the COVID-19 global pandemic (the "Pandemic") as discussed below, those impacts have been declining over time. Improvement in the commercial aerospace

HOLLYWOOD and MIAMI, FL / ACCESSWIRE / February 8, 2022 / On February 23, 2022 after the NYSE closing, HEICO Corporation (NYSE:HEI)(NYSE:HEI) will release its financial results for the first quarter ended January 31, 2022. The earnings release will be available through the Internet on the Company's website at http://www.heico.com.In order to assist interested parties in scheduling their participation in HEICO teleconferences, the Company issues advance notices of conference calls.HEICO will hold a conference call on Thursday, February 24, 2022 at 9:00 a.m. Eastern Standard Time to discuss its first quarter results. Individuals wishing to participate in the conference call should dial: US and

4th Quarter of Fiscal 2021 Net Income up 38% on Operating Income Increase of 29% and Net Sales Increase of 20%HOLLYWOOD, FL and MIAMI, FL / ACCESSWIRE / December 15, 2021 / HEICO CORPORATION (NYSE:HEI)(NYSE:HEI) today reported an increase in net income of 38% to $86.1 million, or $.62 per diluted share, in the fourth quarter of fiscal 2021, up from $62.3 million, or $.45 per diluted share, in the fourth quarter of fiscal 2020. Net income was $304.2 million, or $2.21 per diluted share, in the fiscal year ended October 31, 2021, as compared to $314.0 million, or $2.29 per diluted share, in the fiscal year ended October 31, 2020.While net income, operating income and net sales in the fiscal yea

HOLLYWOOD, FL and MIAMI, FL / ACCESSWIRE / December 1, 2021 / On December 15, 2021, after the NYSE closing, HEICO Corporation (NYSE:HEI) (NYSE:HEI) will release its financial results for the fourth quarter ended October 31, 2021. The earnings release will be available through the Internet on the Company's website at http://www.heico.com.In order to assist interested parties in scheduling their participation in HEICO teleconferences, the Company issues advance notices of conference calls.HEICO will hold a conference call on Thursday, December 16, 2021 at 9:00 a.m. Eastern Standard Time to discuss its fourth quarter results. Individuals wishing to participate in the conference call should dial

3rd Quarter of Fiscal 2021 Net Income up 42% on Operating Income Increase of 47% and Net Sales Increase of 22%HOLLYWOOD, FL and MIAMI, FL / ACCESSWIRE / August 24, 2021 / HEICO CORPORATION (NYSE:HEI)(NYSE:HEI) today reported an increase in net income of 42% to $76.9 million, or $.56 per diluted share, in the third quarter of fiscal 2021, up from $54.3 million, or $.40 per diluted share, in the third quarter of fiscal 2020. Net income was $218.2 million, or $1.58 per diluted share, in the first nine months of fiscal 2021, as compared to $251.7 million, or $1.83 per diluted share, in the first nine months of fiscal 2020.While net income, operating income and net sales in the third quarter and

HOLLYWOOD, FL and MIAMI, FL / ACCESSWIRE / August 10, 2021 / On August 24, 2021, after the NYSE closing, HEICO Corporation (NYSE:HEI) (NYSE:HEI) will release its financial results for the third quarter ended July 31, 2021. The earnings release will be available through the Internet on the Company's website at http://www.heico.com.In order to assist interested parties in scheduling their participation in HEICO teleconferences, the Company issues advance notices of conference calls.HEICO will hold a conference call on Wednesday, August 25, 2021 at 9:00 a.m. Eastern Daylight Time to discuss its third quarter results. Individuals wishing to participate in the conference call should dial: US and