Heico’s fiscal second-quarter revenue and earnings exceeded Wall Street expectations on strong aerospace and defense demand.
Heico Corp. reported record fiscal second-quarter earnings, driven by robust demand for aerospace replacement parts and defense electronics. Revenue and profits surpassed analyst estimates, supported by recent acquisitions and improved operating margins.
The company’s Flight Support Group and Electronic Technologies Group both achieved record revenues, fueled by organic growth and strategic acquisitions. Prior quarters had shown steady growth, but Q2 marked a new high, reflecting sustained end-market demand.
Shares of HEI rose 9.2% in premarket trading following the announcement. Heico expects continued sales growth across segments for the remainder of the fiscal year.