Category: Press release

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.

HOLLYWOOD, FL and PEACHTREE CITY, GA — HEICO Corporation (NYSE: HEI.A and HEI) today announced that it has completed its previously announced acquisition of Wencor Group (“Wencor”) from affiliates of Warburg Pincus LLC and Wencor’s management for $1.9 billion in cash and $150 million in HEICO Class A Common Stock paid at closing, or $2.05 billion in the aggregate.

LOS ANGELES, CA and MIAMI, FL – HEICO Corporation (NYSE: HEI.A) (NYSE: HEI) today reported that Laurans A. Mendelson, its Chairman and Chief Executive Officer, will receive the prestigious 44th annual Howard Hughes Memorial Award from the Aero Club of Southern California during the club’s annual ceremonial event on Wednesday, September 6, 2023, at The California Club in Los Angeles.

2nd Quarter of Fiscal 2023 Net Income up 24% on Record Operating Income, which Increased 28%, and Record Net Sales, which Increased 28%

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.

2nd Quarter of Fiscal 2023 Net Income up 24% on Record Operating Income, which Increased 28%, and Record Net Sales, which Increased 28%

HOLLYWOOD, FL and MIAMI, FL — HEICO CORPORATION (NYSE: HEI.A) (NYSE: HEI) today reported net sales increased 28% to a record $687.8 million in the second quarter of fiscal 2023, up from $538.8 million in the second quarter of fiscal 2022. Operating income increased 28% to a record $157.1 million in the second quarter of fiscal 2023, up from $122.8 million in the second quarter of fiscal 2022. The Company’s consolidated operating margin was 22.8% in both the second quarter of fiscal 2023 and 2022.

HOLLYWOOD, FL and PEACHTREE CITY, GA – HEICO Corporation (NYSE:HEI.A)(NYSE:HEI) today announced that it entered into an agreement to acquire Wencor Group (“Wencor”) from affiliates of Warburg Pincus LLC and Wencor’s management for $1.9 billion in cash and $150 million in HEICO Class A Common Stock1 to be paid at closing, or $2.05 billion in the aggregate.