Miami, FL – 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.
Author: eliana
HEICO CORPORATION REPORTS RECORD OPERATING INCOME AND NET SALES FOR THE FOURTH QUARTER AND FULL FISCAL YEAR
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 Records
HOLLYWOOD, FL and MIAMI, FL — HEICO CORPORATION (NYSE: HEI.A) (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, up from 22.6% in the fourth quarter of fiscal 2021
HEICO CORPORATION INCREASES DIVIDEND BY 11%; SETS ANNUAL MEETING AND RECORD DATES
Increases semi-annual cash dividend to $.10 per share Sets March 17, 2023 annual meeting date
Hollywood, FL – 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.
HEICO CORPORATION ANNOUNCES REGULAR QUARTERLY CONFERENCE CALL (December2022)
Hollywood, FL and Miami, FL – On December 19, 2022, after the NYSE closing, HEICO Corporation (NYSE: HEI) (NYSE: HEI.A) 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 https://www.heico.com.
HEICO ACQUIRES LEADING ELECTRONIC COMPONENT RADIATION TEST AND SOFTWARE COMPANY
3D PLUS subsidiary acquires TRAD
Labege, France and Miami, FL – 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. Further financial details were not disclosed.
HEICO CORPORATION ACQUIRES MAJORITY OF GROWING NICHE TECHNOLOGY COMPONENT MAKER
Partners with the owners and managers of Ironwood Electronics
Eagan, MN and Miami, FL – HEICO Corporation (NYSE: HEI.A and HEI.A) today announced that its Electronic Technologies Group acquired approximately 80% of the capital stock of technology component company Ironwood Electronics, Inc. (“Ironwood”) for cash paid at closing, plus additional cash consideration to be paid if Ironwood meets certain earnings targets. The balance of Ironwood’s shares will continue to be owned by Ironwood’s Chief Executive Officer, David Struyk, and other key managers. Further financial information was not disclosed.
HEICO CORPORATION REPORTS RECORD OPERATING INCOME AND NET SALES FOR THE THIRD QUARTER AND FIRST NINE MONTHS OF FISCAL 2022
3rd Quarter of Fiscal 2022 Operating Income Increased 28% on a Net Sales Increase of 21%
HOLLYWOOD, FL and MIAMI, FL — HEICO CORPORATION (NYSE: HEI.A) (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.
HEICO Corporation Announces Regular Quarterly Conference Call (August2022)
HOLLYWOOD, FL and MIAMI, FL – On August 29, 2022, after the NYSE closing, HEICO Corporation (NYSE: HEI) (NYSE: HEI.A) 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 https://www.heico.com
HEICO CORP. ACQUIRES LEADING AIRCRAFT ANTENNA COMPANY
Electronic Technologies Group Acquires Sensor Systems
Chatsworth, CA and Miami, FL – HEICO Corporation (NYSE HEI and HEI.A) today announced that its Electronic Technologies Group acquired all of the stock of Sensor Systems, Inc. (“Sensor”) for a combination of cash and approximately 575,000 HEICO Class A Common Shares. Further financial details were not disclosed.
HEICO SUBSIDIARY ACQUIRES KEY NICHE RF AND MICROWAVE SWITCH MAKER
Marks HEICO’s fifth announced acquisition in fiscal 2022
Pinellas Park, FL and Miami, FL – HEICO Corporation (NYSE: HEI.A and HEI) today announced that its dB Control subsidiary acquired 100% of the stock of Charter Engineering, Inc. (“Charter”) for cash at closing. Further financial details were not disclosed. dB Control is part of HEICO’s Electronic Technologies Group.
