HEI News and Press, Heico Corporation From 02/23/22

Wallace Weitz's 13F portfolio value increased from $2.39B to $2.49B this quarter. The number of positions increased from 58 to 59. Weitz Investment Management increased CoStar Group and Fidelity National Information Services while reducing Laboratory Corp, AON plc, and Fidelity Nation...

HEICO press release (NYSE:HEI): Q1 GAAP EPS of $0.63 beats by $0.02. Revenue of $490.34M (+17.3% Y/Y) misses by $3.18M. For further details see: HEICO GAAP EPS of $0.63 beats by $0.02, revenue of $490.34M misses by $3.18M

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 / ACCESSWIRE / February 23, 2022 / HEICO CORPORATION (NYSE:HEI.A)(NYSE:HEI) today reported an increase in net income of 23% to $86.9 million, or $.6...

There aren’t very many companies quite like SpaceX. The venture carries NASA astronauts to the International Space Station, takes people for joyrides into space, and delivers communications satellites into orbit. Eventually, its founder wants it to transport people to Mars. Learn h...

HEICO took a significant hit in 2022 due to the pandemic but has bounced back to outperform projections. The Aerospace and Defense market suffered consecutive significant losses in 2019 and 2020, but a slightly better 2021 has led to high hopes for 2022. Revenue growth has been po...

HEICO's (HEI -0.2%) Flight Support Group has agreed to acquire 74% of Farmingdale, NY-based specialty defense spares distributor, Pioneer Industries, in an all-cash deal. The agreement includes potential additional cash consideration to be paid if certain post-closing earnings levels are atta...

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, ...

The aerospace industry has the potential to be one of the most exciting industries to invest in over the next several years. A commercial aviation rebound, a defense industry that's stretching further into space, increased use of satellites for internet and telecommunications, and even spac...

Sierra Microwave Provides Flight Critical Items GEORGETOWN, TX and MIAMI, FL / ACCESSWIRE / January 11, 2022 / HEICO Corporation today announced that its Sierra Microwave Technology ("Sierra Microwave") subsidiary designed and manufactured flight-critical components in the James Webb Sp...

MIAMI, FL and HOLLYWOOD, FL / ACCESSWIRE / January 4, 2022 / 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 th...