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Heico Corp (HEI)

HEI on New York Consolidated

69.13USD
28 Sep 2016
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Latest Key Developments (Source: Significant Developments)

Heico Corp Q3 earnings per share $0.62
Wednesday, 24 Aug 2016 04:20pm EDT 

Heico Corp Sees Consolidated Fiscal 2016 Year : Heico Corp reports record net sales, operating income and net income for the third quarter of fiscal 2016; full year fiscal 2016 net income growth estimates raised . Q3 earnings per share $0.62 . Q3 sales $356.1 million versus I/B/E/S view $356.3 million . Over-Year growth in net income to 13 - 15 percent, up from prior growth estimate of 12 - 14 percent .Estimate consolidated fiscal 2016 year-over-year growth in net sales to approximate 15 - 17 percent.  Full Article

Heico Corp says unit enters into license agreement with Northrop Grumman
Thursday, 14 Jul 2016 08:00am EDT 

Heico Corp - : Unit entered into license agreement with Northrop Grumman to perform overhaul, repair of select inertial reference units .Says inertial aerospace services will receive Northrop's parts inventory and test equipment for Northrop Grumman licensed products.  Full Article

Heico Corp reports Q2 earnings per share of $0.57
Wednesday, 25 May 2016 05:28pm EDT 

Heico Corp : Heico Corporation reports record net sales and net income for the second quarter of fiscal 2016; full year fiscal 2016 net sales and net income growth estimates raised . Q2 earnings per share $0.57 . Q2 sales $350.6 million versus I/B/E/S view $340.6 million . Q2 earnings per share view $0.56 -- Thomson Reuters I/B/E/S . Sees Flight Support Group's FY 2016 sales up 8 to 10 percent .Sees FY capital expenditures to approximate $32 million.  Full Article

HEICO Corp's Electronic Technologies Group to acquire Robertson Fuel Systems, LLC
Monday, 21 Dec 2015 08:30am EST 

HEICO Corp:Electronic Technologies Group has entered into an agreement to acquire Robertson Fuel Systems, LLC from affiliates of American Securities LLC for $255 million in cash.  Full Article

HEICO Corp increases semi-annual cash dividend 14 percent
Monday, 14 Dec 2015 03:15pm EST 

HEICO Corp:Declared a regular semi-annual cash dividend of $.08 per share, payable on both classes of common stock.Cash dividend will be paid on January 19, 2016 to shareholders of record as of January 4, 2016.  Full Article

HEICO Corp makes two more acquisitions
Monday, 24 Aug 2015 08:30am EDT 

HEICO Corp:Says has completed two acquisitions, in addition to one announced last week.Says both purchases were made for cash, but other transaction terms and financial details were not disclosed.Says expects both acquisitions to be accretive to its earnings within the first year after the closing.Acquired astroseal products manufacturing corp and 80.1% of the shares of privately-held midwest microwave solutions, inc.Says it does not expect any employee turnover to result from the acquisition.Says mms will continue its operations substantially as they existed before the purchase, including remaining in the same location.  Full Article

HEICO acquires F-16 Spares Manufacturer
Wednesday, 19 Aug 2015 08:30am EDT 

HEICO Corporation:Announces it has acquired 80.1 pct of Aerospace & Commercial Technologies (ACT), a provider of products and services necessary to maintain up-to-date F-16 fighter aircraft operational capabilities.The purchase price and financial details were not disclosed.  Full Article

HEICO Corporation declares semi-annual cash dividend
Tuesday, 9 Jun 2015 08:30am EDT 

HEICO CORPORATION:Declares a regular semi-annual cash dividend of $.07 per share payable on both classes of common stock.Payable on July 20 to shareholders of record as of July 6.  Full Article

HEICO Corp subsidiaries provide parts on NASA's Dawn Spacecraft
Monday, 9 Mar 2015 09:33am EDT 

HEICO Corp:Says that two of its subsidiaries supplied mission critical flight hardware on NASA's Dawn spacecraft.The Dawn spacecraft became the first mission in history to achieve orbit around dwarf planet when it orbited Ceres on, March 6.Says HEICO's Sierra Microwave Technology subsidiary supplied X band communication transmitter input and output Isolators for NASA's Jet Propulsion Laboratory (JPL) and Johns Hopkins' Applied Physics Labs (APL).Based in Georgetown, Texas, Sierra Microwave is a designer and manufacturer of high-reliability, mission-critical microwave components for spacecraft.Also, HEICO's 3D PLUS subsidiary supplied 2Gb SDRAM and 4Gb NAND FLASH memory modules to JPL.Buc, France-based 3D PLUS is a leading supplier of high-reliability, mission-critical memory modules and system-in-package modules for spacecraft.  Full Article

HEICO Corp reaffirms FY 2015 guidance
Tuesday, 24 Feb 2015 05:26pm EST 

HEICO Corp:Confirms FY 2015 net sales and net income growth estimates.FY 2015 revenue of $1.239 billion and net income of $134 million - Thomson Reuters I/B/E/S.  Full Article

BRIEF-Heico Corp Q3 earnings per share $0.62

Aug 24 Heico Corp Sees Consolidated Fiscal 2016 Year