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Stock impact report

Heico Corp (HEI.A) Reports Significant Growth in Q1 Fiscal 2024 Earnings [Yahoo! Finance]

Heico Corporation (HEI) 
Last heico corporation earnings: 2/25 04:15 pm Check Earnings Report
US:NYSE Investor Relations: heico.com/investors
Company Research Source: Yahoo! Finance
Net Income : Rose by 23% to $114.7 million, or $.82 per diluted share. EBITDA : Improved by 43% to $224.4 million in Q1 Fiscal 2024. Cash Flow : Operating activities generated $111.7 million, a 46% increase. Debt Ratios : Total debt to net income ratio decreased to 5.88x, and net debt to EBITDA ratio improved to 2.79x. Warning! GuruFocus has detected 6 Warning Signs with HEI.A. On February 26, 2024, Heico Corp ( NYSE:HEI.A ) released its 8-K filing , announcing a substantial increase in its financial metrics for the first quarter of fiscal 2024. The aerospace and defense supplier, known for its niche replacement parts for commercial aircraft and components for defense products, has reported a 44% increase in net sales, a 39% increase in operating income, and a 23% rise in net income compared to the first quarter of fiscal 2023. Heico Corp operates through two segments: the Flight Support Group (FSG) and the Electronic Technologies Group (ETG), both serving the aerospace a Show less Read more
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