Author: eliana

MIAMI, FL — HEICO CORPORATION (NYSE: HEI.A) (NYSE: HEI) today announced that its Flight Support Group has acquired 80% of the stock of Sherwood Avionics and Accessories, Inc. (“Sherwood”). The balance of the Company’s ownership will continue to be held by members of Sherwood’s management team. Transaction terms and financial details were not disclosed.

Miami, FL — HEICO Corporation (NYSE: HEI.A and HEI) today reported that Laurans A. Mendelson, the Company’s Executive Chairman of the Board, passed away on September 27, 2025 at age 87.  He is survived by his wife of 63 years, Arlene Mendelson, two sons and daughters-in-law, six grandchildren and one great-grandchild.

SANTA ANA, CA and MIAMI, FL / ACCESSWIRE / October 1, 2024 / HEICO Corporation (NYSE:HEI) and (NYSE:HEI.A) today announced that its Electronic Technologies Group acquired 92.5% of Marway Power Solutions, Inc. (“Marway”) for cash at closing. The balance of the company’s ownership will continue to be held by its executive management. Further financial terms were not disclosed.

HOLLYWOOD, FL and MIAMI, FL – HEICO CORPORATION (NYSE:HEI.A)(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.

 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 Records

HOLLYWOOD, FL and MIAMI, FL — HEICO CORPORATION (NYSE:HEI.A)(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 compared to 24.0% in the fourth quarter of fiscal 2022. Net income attributable to HEICO increased 6% to $103.4 million, or $.74 per diluted share, in the fourth quarter of fiscal 2023, up from $97.2 million, or $.70 per diluted share, in the fourth quarter of fiscal 2022. 

HOLLYWOOD, FL – HEICO Corporation (NYSE:HEI.A)(NYSE:HEI) (2023) 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.

HOLLYWOOD, FL and MIAMI, FL – On December 18, 2023 after the NYSE closing, HEICO Corporation (NYSE:HEI.A)(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 https://www.heico.com.

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 – 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 20.7% in the third quarter of fiscal 2023, as compared to 22.6% in the third quarter of fiscal 2022.

3D PLUS AND Exxelia Design and Made Components

HOLLYWOOD, FL and BUC, FRANCE – HEICO Corporation (NYSE: HEI.A and HEI) today reported that two of its subsidiaries, 3D PLUS and Exxelia, supplied mission-critical electronic components on India’s Chandrayaan-3 spacecraft, which successfully executed a soft landing on the Moon’s South Pole yesterday.

Hollywood, FL and Miami, FL – On August 28, 2023 after the NYSE closing, HEICO Corporation (NYSE: HEI.A) (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 https://www.heico.com.