PRESS RELEASES
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
February 26, 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 ANNOUNCES REGULAR QUARTERLY CONFERENCE CALL
February 12, 2025
Hollywood, FL and Miami, FL – On February 26, 2025 after the NYSE closing, HEICO Corporation (NYSE: HEI.A) (NYSE: HEI) will release its financial results for the first quarter ended January 31, 2025. The earnings release will be available through the Internet on the Company’s website at https://www.heico.com.
HEICO CORPORATION ACQUIRES LEADING PROVIDER OF BUSINESS AND REGIONAL JET AVIONICS REPAIR SOLUTIONS
February 3, 2025
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.
HEICO SUBSIDIARY ACQUIRES EXCLUSIVE LICENSE AND KEY RELATED ASSETS FOR HONEYWELL’S BOEING 777 AIMS & 737NG VIA PRODUCT LINES
January 28, 2025
Miramar, FL and Hollywood, FL — HEICO Corporation (NYSE: HEI.A and HEI) today announced its Sunshine Avionics subsidiary entered into an exclusive license agreement and acquired key assets for the Boeing 777 AIMS (Airplane Information Management System) and Boeing 737NG/P-8/E-7 VIA (Versatile Integrated Avionics) product lines from Honeywell. The transaction was structured as an exclusive perpetual license and asset purchase. Sunshine Avionics is part of HEICO’s Flight Support Group. Transaction terms and financial details were not disclosed.
HEICO Corporation Reports Record Net Income (up 35%), Operating Income (up 15%) and Net Sales (up 8%) for the Fourth Quarter of Fiscal 2024
December 17, 2024
HOLLYWOOD, FL and MIAMI, FL — HEICO CORPORATION (NYSE: HEI.A) (NYSE: HEI) today reported net income increased 35% to a record $139.7 million, or $.99 per diluted share, in the fourth quarter of fiscal 2024, up from $103.4 million, or $.74 per diluted share, in the fourth quarter of fiscal 2023. Net income increased 27% to a record $514.1 million, or $3.67 per diluted share, in the fiscal year ended October 31, 2024, up from $403.6 million, or $2.91 per diluted share, in the fiscal year ended October 31, 2023.
HEICO Corporation Declares Cash Dividend; Sets Annual Meeting and Record Dates
December 17, 2024
Hollywood, FL – HEICO Corporation (NYSE: HEI.A and HEI) today announced that its Board of Directors declared an $0.11 per share semiannual cash dividend payable on all shares of its Class A Common Stock and its Common Stock.
HEICO CORPORATION ANNOUNCES REGULAR QUARTERLY CONFERENCE CALL
December 3, 2024
Hollywood, FL and Miami, FL – On December 17, 2024 after the NYSE closing, HEICO Corporation (NYSE: HEI.A) (NYSE: HEI) will release its financial results for the fourth quarter ended October 31, 2024. The earnings release will be available through the Internet on the Company’s website at https://www.heico.com.
HEICO CORPORATION SUBSIDIARY ACQUIRES SPECIALTY COMPONENT MAKER IN INDIA
November 4, 2024
MIAMI, FL, USA, PARIS, France and CHENNAI, India, November 4, 2024 – HEICO Corporation today announced that its Paris, France-based Exxelia subsidiary acquired 70% of SVM Private Limited (“SVM”) for cash paid at closing. Exxelia is part of HEICO’s Electronic Technologies Group. SVM’s management retains the remaining 30% ownership.
HEICO Corporation Acquires Leading Business Jet In-Cabin Component Maker
October 21, 2024
MIAMI, FL and DERBY, KS / ACCESSWIRE / October 21, 2024 / HEICO Corporation (NYSE:HEI.A)(NYSE:HEI) today announced that its Electronic Technologies Group acquired approximately 88% of Mid Continent Controls, Inc. (“MC2”) for cash at closing. Key MC2 managers will continue to own the balance of the company. Additional financial details were not disclosed.
HEICO Corporation Acquires Leading Power Distribution Systems Maker
October 1, 2024
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.
