HEICO

HEICO Corp. engages in the manufacturing of electronic equipment for the aviation, defense, space, medical, telecommunications, and electronics industries. It operates through the Flight Support Group and Electronic Technologies Group segments. The Flight Support Group segment designs, manufactures, repairs, overhauls, and distributes jet engine and aircraft component replacement parts. The Electronic Technologies Group segment designs and manufactures electronic, data and microwave, and electro-optical products, including infrared simulation and test equipment, laser rangefinder receivers, electrical power supplies, back-up power supplies, power conversion products, underwater locator beacons, emergency locator transmission beacons, flight deck annunciators, panels and indicators, electromagnetic and radio frequency interference shielding and filters, high power capacitor charging power supplies, amplifiers, traveling wave tube amplifiers, photo detectors, amplifier modules, microwave power modules, flash lamp drivers, laser diode drivers, arc lamp power supplies, custom power supply designs, cable assemblies, high voltage power supplies, high voltage interconnection devices and wire, high voltage energy generators, high frequency power delivery systems, and memory products. The company was founded in 1957 and is headquartered in Hollywood, FL.

Earnings data Q1 2021

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Earnings data Q4 2024

HEICO achieves record-breaking Q1 results amidst supply chain challenges

HEICO delivered exceptional Q1 2023 results, driven by strong performance in the Flight Support Group and the acquisition of Exxelia International.
While facing challenges from inflation and supply chain disruptions, the company remains well-positioned for growth in both its segments.
Opportunities for M&A and increasing demand for HEICO products offer avenues for further expansion and revenue growth.
Overall, HEICO's strategic focus on key strengths and opportunities positions it for continued success and market leadership.

HEICO achieves record Q2 results, eyes growth through strategic acquisitions

HEICO's Q2 fiscal '23 performance was exceptional, with record-breaking results and strategic acquisitions driving growth.
While facing short-term challenges like increased debt and margin pressures, the company's prudent financial management and market position are strengths.
Opportunities for growth lie in continued net sales expansion, synergies from acquisitions, and market share gains in specialty products.

HEICO reports record Q3 earnings, eyes growth post Wencor acquisition

HEICO's Q3 fiscal '23 performance showcased robust revenue growth, driven by aerospace demand and strategic acquisitions. The company's focus on new product development and margin stability position it well for future growth.
While facing challenges such as inflationary pressures and potential market slowdowns, HEICO remains optimistic about continued net sales growth and synergies from the Wencor acquisition. Managing debt levels while pursuing strategic acquisitions is crucial for long-term success.
Overall, HEICO's strong financial performance, focus on innovation, and strategic acquisitions present opportunities for growth. Navigating challenges such as inflation and market uncertainties will be key to sustaining momentum and capitalizing on future opportunities.

HEICO achieves record-breaking Q4 results, eyes growth in '24

HEICO's Q4 fiscal '23 performance was robust, with record-breaking results and a positive outlook for fiscal '24. The company's focus on quality control, customer satisfaction, and strategic growth initiatives positions it well for future success despite potential challenges.

HEICO reports stellar Q1 results, eyes growth amidst challenges

HEICO's Q1 fiscal '24 performance showcased remarkable growth in operating income, net sales, and cash flow, underpinned by strategic acquisitions and strong market demand.
While challenges like labor market issues and parts availability persist, the company's focus on debt management and growth opportunities positions it for continued success.
Opportunities in R&D, acquisitions, and market share gains present avenues for further expansion and margin improvement, supporting HEICO's growth targets and financial stability.
Overall, HEICO's robust financial performance, coupled with prudent decision-making and market positioning, sets a positive tone for its fiscal '24 outlook and growth prospects.

HEICO reports record Q2 results, eyes growth amid market challenges

HEICO's Q2 fiscal '24 performance reflects robust financial results and operational achievements across its business segments.
While facing challenges in certain markets and supply chain dynamics, the company's strengths in financial management, product focus, and strategic vision position it well for future growth.
With opportunities in expanding markets, R&D innovation, and international travel demand, HEICO remains poised for continued success and market leadership.

HEICO reports record Q3 earnings, eyes growth through strategic acquisitions

HEICO delivered outstanding financial performance in Q3 fiscal '24, with robust operating income, net sales, and EBITDA growth. Despite some challenges in specific business segments, the company remains optimistic about future growth opportunities through strategic acquisitions and sustained product demand.

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HEICO Corp. engages in the manufacturing of electronic equipment for the aviation, defense, space, medical, telecommunications, and electronics industries. It operates through the Flight Support Group and Electronic Technologies Group segments. The Flight Support Group segment designs, manufactures, repairs, overhauls, and distributes jet engine and aircraft component replacement parts. The Electronic Technologies Group segment focuses on designing and manufacturing electronic, data and microwave, and electro-optical products, including infrared simulation and test equipment, laser rangefinder receivers, electrical power supplies, back-up power supplies, power conversion products, underwater locator beacons, emergency locator transmission beacons, flight deck annunciators, panels and indicators, electromagnetic and radio frequency interference shielding and filters, high power capacitor charging power supplies, amplifiers, traveling wave tube amplifiers, photo detectors, amplifier modules, microwave power modules, flash lamp drivers, laser diode drivers, arc lamp power supplies, custom power supply designs, cable assemblies, high voltage power supplies, high voltage interconnection devices and wire, high voltage energy generators, high frequency power delivery systems, and memory products. The company was founded in 1957 and is headquartered in Hollywood, FL.

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.A)(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.

HEICO Corporation Reports Record Net Sales and Strong Operating Income for the First Quarter of Fiscal 2023

Heico stock rose Monday ahead of its Q1 results. Analysts expect earnings and revenue to rise for the seventh quarter in a row.

Heico Stock Up 14% YTD As Earnings Streak Eyes A Seventh Quarter

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Heico Corporation (HEI) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

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HOLLYWOOD, FL and PARIS, FRANCE / ACCESSWIRE / January 5, 2023 / HEICO Corporation (NYSE:HEI.A and HEI) today stated that its Electronic Technologies Group completed its acquisition of Exxelia International. HEICO acquired approximately 94% of Exxelia's outstanding shares, with the balance continuing to be held by certain Exxelia Team Members.

HEICO Corporation Completes Previously Agreed Upon Acquisition

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MIAMI, FL / ACCESSWIRE / December 21, 2022 / HEICO Corporation (NYSE:HEI.A and HEI) today announced that its Board of Directors (the "Board") has elected Carol F. Fine to serve on the Company's Board, effective December 23, 2022.

HEICO Corporation Elects Carol F. Fine to Board of Directors

Heico Corporation (NYSE:HEI ) Q4 2022 Earnings Conference Call December 20, 2022 9:00 AM ET Company Participants Laurans Mendelson - Chairman, Chief Executive Officer Eric Mendelson - Co-President, President Flight Support Group Victor Mendelson - Co-President, President, Electronic Technologies Group Carlos Macau - Executive Vice President, Chief Financial Officer Conference Call Participants Rob Spingarn - Melius Research Larry Solow - CJS Securities Pete Skibitski - Alembic Global Peter Arnett - Baird Scott Deuschle - Credit Suisse Ken Herbert - RBC Capital Markets Sheila Kahyaoglu - Jefferies Michael Ciarmoli - Truist Securities Josh Sullivan - The Benchmark Company Gautam Khanna - Cowen & Co. Louis Raffetto - Wolfe Research Colin Ducharme - Sterling Capital Kristine Liwag - Morgan Stanley Mike Hanson - private investor Operator Welcome to the Heico Corporation fourth quarter and full year fiscal 2022 financial results call. My name is Samara and I'll be today's operator.

Heico (HEI) Q4 2022 Earnings Call Transcript

Heico Corporation (HEI) delivered earnings and revenue surprises of 0% and 2.16%, respectively, for the quarter ended October 2022. Do the numbers hold clues to what lies ahead for the stock?

Heico Corporation (HEI) Q4 Earnings Match Estimates

Increases semi-annual cash dividend to $.10 per share Sets March 17, 2023 annual meeting date HOLLYWOOD, FL / ACCESSWIRE / December 19, 2022 / HEICO Corporation (NYSE:HEI.A and HEI) today announced that its Board of Directors declared a $0.10 per share cash dividend payable on all shares of its Class A Common Stock and its Common Stock. The new dividend amount is 11% higher than HEICO's previous semiannual cash dividend rate and is HEICO's 89th consecutive semiannual cash dividend since 1979.

HEICO Corporation Increases Dividend by 11%; Sets Annual Meeting and Record Dates

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Strength Seen in Heico Corporation (HEI): Can Its 3.7% Jump Turn into More Strength?

BLACKSBURG, Va. , Oct. 26, 2022 /PRNewswire/ -- VPT, Inc. (VPT®), a HEICO company (NYSE:HEI.A) (NYSE:HEI), today announced that its VSC Series of DC-DC converters has earned the Military & Aerospace Electronics Innovators Awards Platinum recognition, its highest honor.

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3D PLUS subsidiary acquires TRAD LABEGE, FRANCE and MIAMI, FL / ACCESSWIRE / October 3, 2022 / HEICO Corporation today announced that its 3D PLUS subsidiary acquired TRAD SAS ("TRAD") for all cash consideration paid at closing. 3D PLUS is part of HEICO's Electronic Technologies Group.

HEICO Acquires Leading Electronic Component Radiation Test and Software Company

News for HEICO Stock (HEI)