News & Videos - HEICO CORP. - English

HOLLYWOOD, FL and MIAMI, FL / ACCESSWIRE / December 17, 2024 / 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...

$.11 per share cash dividend declared HOLLYWOOD, FL / ACCESSWIRE / December 17, 2024 / HEICO Corporation (NYSE:HEI.A)(NYSE: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. The dividend is HEICO's 93rd consecutive semiannual cash dividend since 1979. The dividend is payable on January 17, 2025 to all shareholders of record on January 3, 2025. Laurans A. Mendelson, HEICO's...

HOLLYWOOD, FL and MIAMI, FL / ACCESSWIRE / December 3, 2024 / 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 . In order to assist interested parties in scheduling their participation in HEICO teleconferences, the Company issues advance notices of conference calls....

MIAMI, FL, PARIS, FRANCE, and CHENNAI, INDIA / ACCESSWIRE / 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 stated that it expects the acquisition to be accretive to its earnings within the year following closing. Based in Chennai, India, SVM is a leading...

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 stated that it expects the acquisition to be accretive to its earnings within the year following the acquisition. Derby, KS-based MC2 is...

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. HEICO stated that it expects the acquisition to be accretive to earnings within the year following the acquisition....

HOLLYWOOD, FL and MIAMI, FL / ACCESSWIRE / August 26, 2024 / HEICO CORPORATION (NYSE:HEI.A)(NYSE:HEI) today reported net income increased 34% to a record $136.6 million, or $.97 per diluted share, in the third quarter of fiscal 2024, up from $102.0 million, or $.74 per diluted share, in the third quarter of fiscal 2023. Net income increased 25% to a record $374.4 million, or $2.67 per diluted share, in the first nine months of fiscal 2024, up from $300.2 million, or $2.17 per diluted share, in...

SOUTH WINDSOR, CT and MIAMI, FL / ACCESSWIRE / August 22, 2024 / HEICO Corporation (NYSE:HEI.A)(NYSE:HEI) today announced its Flight Support Group has acquired the Aerial Delivery and Descent Devices divisions of Capewell Aerial Systems ("Capewell") for cash at closing. Additional financial details were not disclosed. HEICO stated that it expects the acquisition to be accretive to its earnings within the year following closing. Connecticut-based Capewell is a leading provider of proprietary...

HOLLYWOOD, FL and MIAMI, FL / ACCESSWIRE / August 13, 2024 / On August 26, 2024 after the NYSE closing, HEICO Corporation (NYSE: HEI.A)(NYSE:HEI) will release its financial results for the third quarter ended July 31, 2024. The earnings release will be available through the Internet on the Company's website at https://www.heico.com . In order to assist interested parties in scheduling their participation in HEICO teleconferences, the Company issues advance notices of conference calls. HEICO will...

$.11 per share cash dividend declared HOLLYWOOD, FL / ACCESSWIRE / June 20, 2024 / HEICO Corporation (NYSE:HEI.A)(NYSE: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. The amount is 10% greater than the Company's last cash dividend of $.10 per share paid earlier this year. The dividend is HEICO's 92nd consecutive semiannual cash dividend since 1979. The dividend is payable...

HOLLYWOOD, FL and MIAMI, FL / ACCESSWIRE / May 28, 2024 / HEICO CORPORATION (NYSE:HEI.A)(NYSE:HEI) today reported an increase in net income of 17% to a record $123.1 million, or $.88 per diluted share, in the second quarter of fiscal 2024, up from $105.1 million, or $.76 per diluted share, in the second quarter of fiscal 2023. Net income increased 20% to a record $237.8 million, or $1.70 per diluted share, in the first six months of fiscal 2024, up from $198.1 million, or $1.43 per diluted...

HOLLYWOOD, FL and MIAMI, FL / ACCESSWIRE / May 13, 2024 / On May 28, 2024 after the NYSE closing, HEICO Corporation (NYSE:HEI.A)(NYSE:HEI) will release its financial results for the second quarter ended April 30, 2024. The earnings release will be available through the Internet on the Company's website at https://www.heico.com . In order to assist interested parties in scheduling their participation in HEICO teleconferences, the Company issues advance notices of conference calls. HEICO will hold...

HOLLYWOOD, FL and MIAMI, FL / ACCESSWIRE / February 26, 2024 / HEICO CORPORATION (NYSE:HEI.A)(NYSE:HEI) today reported an increase in net income of 23% to $114.7 million, or $.82 per diluted share, in the first quarter of fiscal 2024, up from $93.0 million, or $.67 per diluted share, in the first quarter of fiscal 2023. Net sales increased 44% to $896.4 million in the first quarter of fiscal 2024, up from $620.9 million in the first quarter of fiscal 2023. Operating income increased 39% to...

HOLLYWOOD, FL and MIAMI, FL / ACCESSWIRE / February 8, 2024 / On February 26, 2024 after the NYSE closing, HEICO Corporation (NYSE:HEI.A)(NYSE:HEI) will release its financial results for the first quarter ended January 31, 2024. The earnings release will be available through the Internet on the Company's website at https://www.heico.com . In order to assist interested parties in scheduling their participation in HEICO teleconferences, the Company issues advance notices of conference calls. HEICO...

MIAMI, FL / ACCESSWIRE / January 22, 2024 / HEICO Corporation (NYSE: HEI.A)(NYSE:HEI) today reported that Laurans A. Mendelson, the Company's Chairman & Chief Executive Officer, received the Kenn Ricci Lifetime Aviation Entrepreneur Award from the Living Legends of Aviation on January 19, 2024. The Living Legends of Aviation recognition is given to "remarkable people of extraordinary accomplishment in aviation including: entrepreneurs, innovators, industry leaders, astronauts, record breakers,...

MIRAMAR, FL and HOLLYWOOD, FL / ACCESSWIRE / January 16, 2024 / HEICO Corporation (NYSE:HEI.A) and (NYSE:HEI) today announced its Sunshine Avionics subsidiary entered into an exclusive license and acquired key assets from Honeywell International ("Honeywell") that will provide the capability to support the Boeing 737NG/777 Cockpit Displays and Legacy Displays product lines. The transaction was structured as an exclusive perpetual license and asset purchase. Sunshine Avionics is part of HEICO's...

$.10 per share cash dividend declared HOLLYWOOD, FL / ACCESSWIRE / December 18, 2023 / HEICO Corporation (NYSE:HEI.A)(NYSE: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. The dividend is HEICO's 91st consecutive semi-annual cash dividend since 1979. The dividend is payable on January 19, 2024 to all shareholders of record on January 4, 2024. Laurans A. Mendelson, HEICO's Chairman and...

4th Quarter of Fiscal 2023 Operating Income Increased 29% on a Net Sales Increase of 54%; Full Fiscal Year 2023 Net Income, Operating Income and Net Sales Set All-Time Records HOLLYWOOD, FL and MIAMI, FL / ACCESSWIRE / December 18, 2023 / HEICO CORPORATION (NYSE:HEI.A)(NYSE:HEI) today reported net sales increased 54% to a record $936.4 million in the fourth quarter of fiscal 2023, up from $609.6 million in the fourth quarter of fiscal 2022. Operating income increased 29% to a record $189.4...

HOLLYWOOD, FL and MIAMI, FL / ACCESSWIRE / December 5, 2023 / 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 http://www.heico.com . In order to assist interested parties in scheduling their participation in HEICO teleconferences, the Company issues advance notices of conference calls. HEICO...

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 / ACCESSWIRE / August 28, 2023 / 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...