HEICO

Press Releases

2022 Press Releases

Mon, 20 June 2022
HOLLYWOOD, FL. & MIAMI, FL. -- HEICO Corporation (NYSE:HEI.A) (NYSE:HEI) announced today that its Board of Directors approved a semi-annual cash dividend of $.09 per share, payable on both classes of its common stock. The cash dividend is payable on July 15, 2022 to shareholders of record as of July 1, 2022. This cash dividend represents HEICO’s 88th consecutive semi-annual cash dividend since 1979. Read More...

Mon, 23 May 2022
2nd Quarter of Fiscal 2022 Net Income up 20% on Record Operating Income, which Increased 27%, and Net Sales, which Increased 15%
HOLLYWOOD, FL and MIAMI, FL -- HEICO CORPORATION (NYSE: HEI.A) (NYSE: HEI) today reported an increase in net income of 20% to $85.0 million, or $.62 per diluted share, in the second quarter of fiscal 2022, up from $70.7 million, or $.51 per diluted share, in the second quarter of fiscal 2021. Net income increased 22% to $171.9 million, or $1.25 per diluted share, in the first six months of fiscal 2022, up from $141.3 million, or $1.03 per diluted share, in the first six months of fiscal 2021. Read More...

Wed, 11 May 2022
Hollywood, FL and Miami, FL – On May 23, 2022, after the NYSE closing, HEICO Corporation (NYSE: HEI.A) (NYSE: HEI) will release its financial results for the second quarter ended April 30, 2022. The earnings release will be available through the Internet on the Company’s website at http://www.heico.com. Read More...

Fri, 18 March 2022
Flight Support Group Acquires Leading Specialty Defense Spares Distributor
Farmingdale, NY and Miami -- HEICO Corporation (NYSE: HEI.A and HEI) today announced that its Flight Support Group completed the acquisition of Pioneer Industries. On February 10, 2022, HEICO announced that it entered into an agreement, subject to regulatory approval which was subsequently received, to acquire Pioneer. The Purchase was completed under previously announced terms. Read More...

Mon, 14 March 2022
Lucix Corporation Purchases Flight Microwave Corporation
CAMARILLO, CA and Miami -- HEICO Corporation (NYSE: HEI.A) (NYSE: HEI) today announced that its Lucix subsidiary acquired 100% of the stock of Flight Microwave Corporation (“Flight Microwave”) in an all cash transaction. Further financial terms and details were not disclosed. Read More...

Wed, 23 February 2022
1st Quarter of Fiscal 2022 Net Income up 23% on Operating Income Increase of 23% and Net Sales Increase of 17%
HOLLYWOOD, FL and MIAMI, FL -- HEICO CORPORATION (NYSE: HEI.A) (NYSE: HEI) today reported an increase in net income of 23% to $86.9 million, or $.63 per diluted share, in the first quarter of fiscal 2022, up from $70.6 million, or $.51 per diluted share, in the first quarter of fiscal 2021. Read More...

Thu, 10 February 2022
Flight Support Group to Acquire Pioneer Industries
FARMINGDALE, NY and MIAMI, FL / ACCESSWIRE / February 10, 2022 / HEICO Corporation (NYSE:HEI.A)(NYSE:HEI) today announced its Flight Support Group entered into an agreement to acquire 74% of Pioneer Industries, LLC for cash at closing, plus potential additional cash consideration to be paid if certain post-closing earnings levels are attained. Additional financial details were not disclosed. Read More...

Tue, 08 February 2022
Hollywood, FL and Miami, FL – On February 23, 2022 after the NYSE closing, HEICO Corporation (NYSE: HEI.A) (NYSE: HEI) will release its financial results for the first quarter ended January 31, 2022. The earnings release will be available through the Internet on the Company’s website at http://www.heico.com. Read More...

Tue, 11 January 2022
Sierra Microwave Provides Flight Critical Items
Georgetown, TX and Miami – HEICO Corporation today announced that its Sierra Microwave Technology (“Sierra Microwave”) subsidiary designed and manufactured flight-critical components in the James Webb Space Telescope (the “JWST”). Sierra is part of HEICO’s Electronic Technologies Group. Read More...

Tue, 04 January 2022
Miami, FL and Hollywood, FL - HEICO Corporation (NYSE: HEI.A and HEI) announced today that its Annual Shareholders’ Meeting will be held on Friday, March 18, 2022. Shareholders of record at the close of business on January 21, 2022 will be entitled to vote at the meeting. Read More...

2021 Press Releases

Mon, 20 December 2021
HOLLYWOOD, FL. & MIAMI, FL. -- HEICO Corporation (NYSE:HEI.A) (NYSE:HEI) announced today that its Board of Directors approved a semi-annual cash dividend of $.09 per share, payable on both classes of its common stock. The cash dividend is payable on January 20, 2022 to shareholders of record as of January 6, 2022. This cash dividend represents HEICO’s 87th consecutive semi-annual cash dividend since 1979. Read More...

Wed, 15 December 2021
4th Quarter of Fiscal 2021 Net Income up 38% on Operating Income Increase of 29% and Net Sales Increase of 20%
HOLLYWOOD, FL and MIAMI, FL -- HEICO CORPORATION (NYSE: HEI.A) (NYSE: HEI) today reported an increase in net income of 38% to $86.1 million, or $.62 per diluted share, in the fourth quarter of fiscal 2021, up from $62.3 million, or $.45 per diluted share, in the fourth quarter of fiscal 2020. Net income was $304.2 million, or $2.21 per diluted share, in the fiscal year ended October 31, 2021, as compared to $314.0 million, or $2.29 per diluted share, in the fiscal year ended October 31, 2020. Read More...

Wed, 01 December 2021
Hollywood, FL and Miami, FL – On December 15, 2021, after the NYSE closing, HEICO Corporation (NYSE: HEI) (NYSE: HEI.A) will release its financial results for the fourth quarter ended October 31, 2021. The earnings release will be available through the Internet on the Company’s website at http://www.heico.com. Read More...

Mon, 04 October 2021
Acquires RF and Microwave Specialist Paciwave in 6th Acquisition this Year
SUNNYVALE, CA and MIAMI, FL / ACCESSWIRE / October 4, 2021 / HEICO Corporation (NYSE:HEI.A and HEI) today announced that its dB Control subsidiary acquired 100% of Paciwave, Inc. for cash paid at closing. No further transaction or financial details were disclosed. dB Control is part of HEICO's Electronic Technologies Group. Read More...

Wed, 29 September 2021
Electronic Technologies Group Buys 80.1% of RH Laboratories
Nashua, NH and Miami -- HEICO Corporation (NYSE: HEI.A and HEI) today announced that its Electronic Technologies Group acquired 80.1% of the stock of RH Laboratories, Inc. (“RH”) for cash paid at closing. RH’s founders will continue to own the balance of the company. Further terms and financial details were not disclosed. Read More...

Tue, 24 August 2021
3rd Quarter of Fiscal 2021 Net Income up 42% on Operating Income Increase of 47% and Net Sales Increase of 22%
HOLLYWOOD, FL and MIAMI, FL / ACCESSWIRE / August 24, 2021 / HEICO CORPORATION (NYSE:HEI.A)(NYSE:HEI) today reported an increase in net income of 42% to $76.9 million, or $.56 per diluted share, in the third quarter of fiscal 2021, up from $54.3 million, or $.40 per diluted share, in the third quarter of fiscal 2020. Net income was $218.2 million, or $1.58 per diluted share, in the first nine months of fiscal 2021, as compared to $251.7 million, or $1.83 per diluted share, in the first nine months of fiscal 2020. Read More...

Tue, 10 August 2021
Hollywood, FL and Miami, FL – On August 24, 2021, after the NYSE closing, HEICO Corporation (NYSE: HEI) (NYSE: HEI.A) will release its financial results for the third quarter ended July 31, 2021. The earnings release will be available through the Internet on the Company’s website at http://www.heico.com. Read More...

Thu, 05 August 2021
Flight Support Group Acquires Two Advanced Aerospace and Defense Manufacturers
HOLLYWOOD, FL and HAMPSTEAD, MD / ACCESSWIRE / August 5, 2021 / HEICO Corporation (NYSE:HEI.A and HEI) today announced that its Flight Support Group completed the acquisition of Ridge Engineering, Inc. ("Ridge") and The Bechdon Company, Inc. ("Bechdon") (together, the "Companies"). On July 6, 2021, HEICO announced it had entered into an agreement, subject to regulatory approval which was subsequently received, to acquire the Companies. The purchase was completed under the previously announced terms. Read More...

Tue, 06 July 2021
Flight Support Group to Acquire Ridge Engineering, Inc. and The Bechdon Company, Inc.
Hollywood, FL and Hampstead, MD – HEICO Corporation (NYSE: HEI.A and HEI) today announced that its Flight Support Group entered into a purchase agreement to acquire 89% of Ridge Engineering, Inc. (“Ridge”) and The Bechdon Company, Inc. (“Bechdon”) (together, the “Companies”) for cash at closing, plus potential additional cash consideration to be paid if certain post-closing earnings levels are attained. Additional financial details were not disclosed. Read More...

Thu, 24 June 2021
Flight Support Group acquires Camtronics MRO.
HOLLYWOOD, FL and TULSA, OK / ACCESSWIRE / June 24, 2021 / HEICO Corporation (NYSE:HEI.A and HEI) announced today that its Flight Support Group has acquired 80.1% of the operating assets of Camtronics LLC ("Camtronics") for cash at closing. Additional financial details were not disclosed. Read More...

Tue, 08 June 2021
HOLLYWOOD, FL. & MIAMI, FL. -- HEICO Corporation (NYSE:HEI.A) (NYSE:HEI) announced today that its Board of Directors approved a 12.5% increase in the semi-annual cash dividend to $.09 per share from $.08 per share, payable on both classes of its common stock. The cash dividend is payable on July 15, 2021 to shareholders of record as of July 1, 2021. This cash dividend represents HEICO’s 86th consecutive semi-annual cash dividend since 1979. Read More...

Tue, 25 May 2021
Third Consecutive Quarter of Sequential Improvement in Net Sales and Operating Income at Flight Support Group and Record Quarterly Net Sales at Electronic Technologies Group
HOLLYWOOD, Fla. & MIAMI--(BUSINESS WIRE)--HEICO Corporation (NYSE: HEI.A) (NYSE: HEI) today reported net income of $141.3 million, or $1.03 per diluted share, in the first six months of fiscal 2021, as compared to $197.3 million, or $1.44 per diluted share, in the first six months of fiscal 2020. Net income in the second quarter of fiscal 2021 was $70.7 million, or $.51 per diluted share, as compared to $75.5 million, or 55 cents per diluted share, in the second quarter of fiscal 2020. Read More...

Wed, 05 May 2021
Hollywood, FL and Miami, FL – On May 25, 2021, after the NYSE closing, HEICO Corporation (NYSE: HEI.A) (NYSE: HEI) will release its financial results for the second quarter ended April 30, 2021. The earnings release will be available through the Internet on the Company’s website at http://www.heico.com. Read More...

Mon, 08 March 2021
MIAMI & SUNNYVALE, Calif.--(BUSINESS WIRE)-- HEICO Corporation (NYSE:HEI) (NYSE:HEI.A) today announced that its Electronic Technologies Group acquired the business, assets and certain liabilities of highly successful Pyramid Semiconductor LLC (“Pyramid”) from its founders for cash paid at closing. Additional transaction details were not disclosed. Read More...

Tue, 23 February 2021
Second Consecutive Quarter of Sequential Improvement in Net Sales and Operating Income at Flight Support Group
HOLLYWOOD, Fla. & MIAMI--(BUSINESS WIRE)-- HEICO Corporation (NYSE: HEI.A) (NYSE: HEI) today reported net income of $70.6 million, or $.51 per diluted share, in the first quarter of fiscal 2021, as compared to $121.9 million, or $.89 per diluted share, in the first quarter of fiscal 2020. Read More...

Fri, 19 February 2021
HOLLYWOOD, Fla. & MIAMI--(BUSINESS WIRE)-- HEICO Corporation (NYSE: HEI.A) (NYSE: HEI) today congratulated NASA, Jet Propulsion Laboratory (JPL) and their partners on the successful Mars Perseverance Rover Landing yesterday, February 18, 2021. Once again, NASA and JPL demonstrated remarkable talent and capabilities despite a year of great challenges for the world’s population and they remain a beacon of optimism for all people. Read More...

Tue, 09 February 2021
HOLLYWOOD, Fla. & MIAMI--(BUSINESS WIRE)-- On February 23, 2021 after the NYSE closing, HEICO Corporation (NYSE: HEI.A) (NYSE: HEI) will release its financial results for the first quarter ended January 31, 2021. The earnings release will be available through the Internet on the Company’s website at http://www.heico.com. Read More...

2020 Press Releases

Mon, 21 December 2020
Fourth Quarter of Fiscal 2020 Operating Income, Net Income and Net Sales Improved 30%, 15% and 10%, Respectively, as Compared to the Third Quarter of Fiscal 2020
HOLLYWOOD, Fla. & MIAMI--(BUSINESS WIRE)-- HEICO CORPORATION (NYSE: HEI.A) (NYSE: HEI) today reported net income of $314.0 million, or $2.29 per diluted share, in the fiscal year ended October 31, 2020, as compared to $327.9 million, or $2.39 per diluted share, in the fiscal year ended October 31, 2019. In the fourth quarter of fiscal 2020, net income was $62.3 million, or 45 cents per diluted share, as compared to $85.7 million, or 62 cents per diluted share, in the fourth quarter of fiscal 2019. Read More...

Mon, 21 December 2020
Company also sets annual meeting and record dates along with $.08 per share regular semi-annual dividend declaration
HOLLYWOOD, Fla. & MIAMI--(BUSINESS WIRE)-- HEICO Corporation (NYSE:HEI.A) (NYSE:HEI) announced today that its Board of Directors declared a cash dividend of $0.08 per share, payable on both classes of its common stock, and that the Company set the date for its Annual Meeting of Shareholders, along with the meeting’s record date. Read More...

Mon, 14 December 2020
Amended Credit Facility Increases HEICO’s Borrowing Capacity by 15%
HOLLYWOOD, Fla. & MIAMI--(BUSINESS WIRE)-- HEICO Corporation (NYSE:HEI) (NYSE:HEI.A) announced today that it amended and extended its existing credit facility to a $1.5 billion unsecured revolving credit facility (the “Facility”). Additionally, the Facility’s maturity date has been extended by one year to November 2023 and it can be extended for an additional one-year period. The Facility is with a banking syndicate led by Truist Bank, Bank of America and Wells Fargo Bank. Co-Syndication Agents are PNC Bank and TD Bank, and other banks participating are Capital One, Fifth Third Bank, J.P. Morgan Chase Bank, and U.S. Bank as co-documentation agents, as well as Citibank, Synovous Bank, IberiaBank, and BankUnited. Read More...

Fri, 04 December 2020
HOLLYWOOD, Fla. & MIAMI--(BUSINESS WIRE)-- On December 21, 2020, after the NYSE closing, HEICO Corporation (NYSE: HEI.A) (NYSE: HEI) will release its financial results for the fourth quarter ended October 31, 2020. The earnings release will be available through the Internet on the Company’s website at www.heico.com. Read More...

Tue, 25 August 2020
HOLLYWOOD, Fla. & MIAMI--(BUSINESS WIRE)--HEICO CORPORATION (NYSE: HEI.A) (NYSE: HEI) today reported that net income increased 4% to a record $251.7 million, or $1.83 per diluted share in the nine months of fiscal 2020, up from $242.2 million, or $1.76 per diluted share, in the first nine months of fiscal 2019. In the third quarter of fiscal 2020, net income was $54.3 million, or 40 cents per diluted share, as compared to $81.1 million, or 59 cents per diluted share, in the third quarter of fiscal 2019. Read More...

Wed, 19 August 2020
Purchase is HEICO’s 6th acquisition in this fiscal year to date
MIAMI & GUELPH, Ontario--(BUSINESS WIRE)-- HEICO Corporation (NYSE: HEI.A) (NYSE: HEI) today announced that its Electronic Technologies Group acquired 89.99% of Connect Tech Inc. (“CTI”) for cash at closing, plus potential additional cash consideration to be paid if certain post-closing earnings levels are attained. Further financial details were not disclosed. Read More...

Wed, 12 August 2020
Purchases are HEICO’s 4th and 5th acquisitions in this fiscal year to date
MIAMI & COLUMBIA, Md.--(BUSINESS WIRE)-- HEICO Corporation (NYSE: HEI.A) (NYSE: HEI) today announced that its Electronic Technologies Group acquired Intelligent Devices, Inc. (“ID”) and Transformational Security, LLC (“TS”) from their founder-owner-managers for cash at closing, plus potential additional cash consideration to be paid if certain post-closing earnings levels are attained. Further financial details were not disclosed. Read More...

Wed, 05 August 2020
HOLLYWOOD, Fla. & MIAMI--(BUSINESS WIRE)-- On August 25, 2020, after the NYSE closing, HEICO Corporation (NYSE: HEI.A) (NYSE: HEI) will release its financial results for the third quarter ended July 31, 2020. The earnings release will be available through the Internet on the Company’s website at www.heico.com. Read More...

Thu, 30 July 2020
MIAMI & HOLLYWOOD, Fla.--(BUSINESS WIRE)--HEICO Corporation (NYSE: HEI.A) (NYSE: HEI) congratulated NASA and JPL on the successful launch of the Mars 2020/Perseverance this morning from Cape Canaveral Air Force Station, Florida aboard a ULA Atlas 541 rocket. Read More...

Wed, 29 July 2020
BRUSSELS & FORT LAUDERDALE, Fla.--(BUSINESS WIRE)-- Sabena Aerospace, a BLUEBERRY Company, and Blue Aerospace, a HEICO Company, today announced the award of the sale of the Belgian Defense C-130 aircraft fleet and associated equipment & inventory by the Belgian Defense Organization. This award resulted from the Belgian Defense Tender No. MRMP – A/A2 N° 19AAV01 and consists of all assets related to the Belgian Air Force C-130 fleet including, aircraft, engines, propellers, spare parts, and ground support equipment.. Read More...

Thu, 11 June 2020
Flight Support Group Acquires Rocky Mountain Hydrostatics
BRIGHTON, Colo. & HOLLYWOOD, Fla.--(BUSINESS WIRE)-- HEICO Corporation (NYSE: HEI.A) (NYSE: HEI) today announced that its Flight Support Group acquired 70% of naval hydraulic systems specialist Rocky Mountain Hydrostatics, LLC in an all cash transaction. Additional financial details were not disclosed. Read More...

Tue, 09 June 2020
MIAMI & HOLLYWOOD, Fla.--(BUSINESS WIRE)-- HEICO Corporation (NYSE: HEI.A) (NYSE: HEI) today announced that its Board of Directors declared a regular, semi-annual cash dividend of $.08 per share payable on both classes of its common stock. The dividend is payable on July 15, 2020 to shareholders of record on July 1, 2020. The dividend amount is unchanged from the Company’s prior dividend paid in January 2020. Read More...

Tue, 26 May 2020
15% Increase in Net Cash Provided by Operating Activities for First Half of Fiscal 2020
HOLLYWOOD, Fla. & MIAMI--(BUSINESS WIRE)-- HEICO CORPORATION (NYSE: HEI.A) (NYSE: HEI) today reported that net income increased 22% to a record $197.3 million, or $1.44 per diluted share, in the first six months of fiscal 2020, up from $161.1 million, or $1.18 per diluted share, in the first six months of fiscal 2019. In the second quarter of fiscal 2020, net income decreased 8% to $75.5 million, or 55 cents per diluted share, as compared to $81.8 million, or 60 cents per diluted share, in the second quarter of fiscal 2019. Read More...

Tue, 05 May 2020
HOLLYWOOD, Fla. & MIAMI--(BUSINESS WIRE)-- On May 26, 2020, after the NYSE closing, HEICO Corporation (NYSE: HEI.A) (NYSE: HEI) will release its financial results for the second quarter ended April 30, 2020. The earnings release will be available through the Internet on the Company’s website at www.heico.com. Read More...

Wed, 15 April 2020
Will focus on Historical Strengths, Product Development and Team Members
HOLLYWOOD, Fla.--(BUSINESS WIRE)-- HEICO Corporation (NYSE: HEI.A) (NYSE: HEI) today provided an update on its views of the COVID-19 crisis (the “Crisis”), actions the Company is taking to address the Crisis and its thoughts on the Company’s outlook consistent with a request issued by the Securities and Exchange Commission’s Chairman and the Director of its Division of Corporate Finance to all listed companies last week. Laurans A. Mendelson, HEICO’s Chairman & Chief Executive Officer, along with Company Co-Presidents, Eric A. Mendelson and Victor H. Mendelson, made the following comments:. Read More...

Tue, 25 February 2020
First Quarter of Fiscal 2020 Net Income up 54% on Operating Income Increase of 13% and Net Sales Increase of 9%
HOLLYWOOD, Fla. & MIAMI--(BUSINESS WIRE)-- HEICO CORPORATION (NYSE: HEI.A) (NYSE: HEI) today reported that net income increased 54% to a record $121.9 million, or 89 cents per diluted share, in the first quarter of fiscal 2020, up from $79.3 million, or 58 cents per diluted share, in the first quarter of fiscal 2019. Read More...

Mon, 10 February 2020
BUC, France & HOLLYWOOD, Fla.--(BUSINESS WIRE)-- HEICO Corporation (NYSE: HEI.A) (NYSE HEI) today announced that its Buc, France-based 3D PLUS subsidiary supplied numerous mission-critical and high-reliability components on the Solar Orbiter space mission, which successfully launched from Cape Canaveral, FL overnight. 3D PLUS is part of HEICO’s Electronic Technologies Group. Read More...

Fri, 07 February 2020
HOLLYWOOD, Fla. & MIAMI--(BUSINESS WIRE)--On February 25, 2020 after the NYSE closing, HEICO Corporation (NYSE: HEI.A) (NYSE: HEI) will release its financial results for the first quarter ended January 31, 2020. The earnings release will be available through the Internet on the Company’s website at http://www.heico.com. Read More...

Mon, 06 January 2020
Radiant Power Subsidiary Acquires Spectralux HMI Business
HOLLYWOOD, Fla., SARASOTA, Fla. & KIRKLAND, Wash.--(BUSINESS WIRE)-- HEICO Corporation (NYSE: HEI.A) (NYSE: HEI) today announced that its Radiant Power Corp. (“Radiant Power”) subsidiary acquired 100% of the business and assets of the Human-Machine Interface (“HMI”) product line of Spectralux Corporation in an all cash transaction. Radiant Power is part of HEICO’s Electronic Technologies Group. Read More...

2019 Press Releases

Mon, 16 December 2019
Fourth Quarter and Fiscal Year 2019 Net Income up 27% and 26% on Operating Income Increases of 16% and 21% and Net Sales Increases of 14% and 16%
HOLLYWOOD, Fla. & MIAMI--(BUSINESS WIRE)-- HEICO CORPORATION (NYSE: HEI.A) (NYSE: HEI) today reported that net income increased 27% to a record $85.7 million, or 62 cents per diluted share, in the fourth quarter of fiscal 2019, up from $67.4 million, or 49 cents per diluted share, in the fourth quarter of fiscal 2018. In the fiscal year ended October 31, 2019, net income increased 26% to a record $327.9 million, or $2.39 per diluted share, up from $259.2 million, or $1.90 per diluted share, in the fiscal year ended October 31, 2018. Read More...

Mon, 16 December 2019
HOLLYWOOD, FL. & MIAMI--(BUSINESS WIRE)-- HEICO Corporation (NYSE:HEI.A) (NYSE:HEI) announced today that its Board of Directors approved a 14% increase in the semi-annual cash dividend to $0.08 per share from $0.07 per share, payable on both classes of common stock. Read More...

Mon, 16 December 2019
Electronic Technologies Group Acquires 80.1% of Quell Corporation
ALBUQUERQUE, N.M. & HOLLYWOOD, Fla.--(BUSINESS WIRE)-- HEICO Corporation (NYSE: HEI.A) (NYSE: HEI) today announced that its Electronic Technologies Group acquired 80.1% of the stock of rapidly-growing Quell Corporation in an all cash transaction. Additional financial details were not disclosed. Read More...

Mon, 25 November 2019
HOLLYWOOD, Fla. & MIAMI--(BUSINESS WIRE)-- On December 16, 2019, after the NYSE closing, HEICO Corporation (NYSE: HEI.A) (NYSE: HEI) will release its financial results for the fourth quarter ended October 31, 2019. The earnings release will be available through the Internet on the Company’s website at http://www.heico.com. Read More...

Wed, 02 October 2019
Complete Thermal Runaway Compliance With Low-Lithium Battery
SARASOTA, Fla., October 2, 2019 – Dukane Seacom (a HEICO company, NYSE: HEI, HEI.A) received FAA TSO-C121b and TSO-C142b for the DK290 90-Day Underwater Locator Beacon and Low-Lithium Battery. Read More...

Tue, 10 September 2019
HOLLYWOOD, Fla. & FREMONT, Calif.--(BUSINESS WIRE)-- HEICO Corporation (NYSE: HEI.A) (NYSE: HEI) today announced that its dB Control subsidiary acquired 100% of the stock of TTT-Cubed, Inc. (“TTT”) in an all cash transaction. Further financial terms and details were not disclosed. dB Control is part of HEICO’s Electronic Technologies Group. HEICO stated that it expects the acquisition to be accretive to its earnings in the year following the purchase. Read More...

Tue, 27 August 2019
3rd Quarter of Fiscal 2019 Net Income up 21% on Operating Income Increase of 18% and Net Sales Increase of 14%
HOLLYWOOD, Fla. & MIAMI--(BUSINESS WIRE)-- HEICO CORPORATION (NYSE: HEI.A) (NYSE: HEI) today reported that net income increased 21% to $81.1 million, or 59 cents per diluted share, in the third quarter of fiscal 2019, up from $67.1 million, or 49 cents per diluted share, in the third quarter of fiscal 2018. In the first nine months of fiscal 2019, net income increased 26% to a record $242.2 million, or $1.76 per diluted share, up from $191.9 million, or $1.40 per diluted share, in the first nine months of fiscal 2018. Read More...

Mon, 12 August 2019
HOLLYWOOD, Fla. & MIAMI--(BUSINESS WIRE)-- On August 27, 2019, after the NYSE closing, HEICO Corporation (NYSE: HEI.A) (NYSE: HEI) will release its financial results for the third quarter ended July 31, 2019. The earnings release will be available through the Internet on the Company’s website at www.heico.com. Read More...