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HEICO CORPORATION REPORTS NET INCOME (UP 27%) ON RECORD OPERATING INCOME (UP 19%) AND RECORD NET SALES (UP 15%) FOR THE SECOND QUARTER OF FISCAL 2025

     HOLLYWOOD, FL and MIAMI, FL — HEICO CORPORATION (NYSE: HEI.A) (NYSE: HEI) today reported an increase in net income of 27% to $156.8 million, or $1.12 per diluted share, in the second quarter of fiscal 2025, up from $123.1 million, or $.88 per diluted share, in the second quarter of fiscal 2024.  Net income increased 37% to a record $324.7 million, or $2.31 per diluted share, in the first six months of fiscal 2025, up from $237.8 million, or $1.70 per diluted share, in the first six months of fiscal 2024.

HEICO Corporation Announces Management Position Changes Consistent With Succession Plan

HEICO Corporation (NYSE: HEI and HEI.A) today announced that Laurans A. Mendelson, its Chairman and Chief Executive Officer, will become the Company’s Executive Chairman of the Board of Directors and that Eric A. Mendelson and Victor H. Mendelson will become the Company’s Co-Chief Executive Officers effective on May 1, 2025.

HEICO Corporation Reports Record Net Income (Up 46%), Record Operating Income (Up 26%) and Record Net Sales (Up 15%) for the First Quarter of Fiscal 2025

HOLLYWOOD, FL AND MIAMI, FL / ACCESS Newswire / February 26, 2025 / HEICO CORPORATION (NYSE:HEI.A)(NYSE:HEI) today reported an increase in net income of 46% to a record $168.0 million, or $1.20 per diluted share, in the first quarter of fiscal 2025, up from $114.7 million, or $.82 per diluted share, in the first quarter of fiscal 2024.

HEICO CORPORATION ACQUIRES LEADING PROVIDER OF BUSINESS AND REGIONAL JET AVIONICS REPAIR SOLUTIONS

Lee’s Summit, MO and Miami, FL — HEICO Corporation (NYSE: HEI.A and HEI) today announced its Flight Support Group has acquired 90% of the stock of Millennium International, LLC (“Millennium”). The balance of the company’s ownership will continue to be held by its co-founders. Transaction terms and financial details were not disclosed.