HEICO Corporation has reported that net income increased 9% to US$45.7m in the third quarter of fiscal 2017, up from US$42.0m in the third quarter of fiscal 2016. In the first nine months of fiscal 2017, net income increased 18% to US$132.3m up from US$111.9m in the first nine months of fiscal 2016. Operating income increased 9% to US$76.1m in the third quarter of fiscal 2017, up from US$69.9m in the third quarter of fiscal 2016. In the first nine months of fiscal 2017, operating income increased 15% to US$217.2m, up from US$189.3m in the first nine months of fiscal 2016. The Company’s consolidated operating margin was 19.4% and 19.6% in the third quarter of fiscal 2017 and 2016, respectively. The Company’s consolidated operating margin improved to 19.7% in the first nine months of fiscal 2017, up from 18.7% in the first nine months of fiscal 2016.
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Tamar Jorssen
Vice President Sales & Marketing
+1.778.213.8543
[email protected]
Mailing Address
AviTrader Publications Corp.
Suite 305, South Tower
5811 Cooney Road
Richmond, BC V6X 3M1
Canada
[email protected]
Mailing Address
AviTrader Publications Corp.
Suite 305, South Tower
5811 Cooney Road
Richmond, BC V6X 3M1
Canada