HEICO Corporation reported that net income increased 4% to $11,793,000 for the first quarter of fiscal 2010, up from $11,317,000 for the first quarter of fiscal 2009, which included a $1.1 million benefit from settling an income tax audit. Net sales increased 4% to $135,535,000 in the first quarter of fiscal 2010, up from $130,437,000 in the first quarter of fiscal 2009. Operating income increased 14% to $24,544,000 in the first quarter of fiscal 2010, up from $21,453,000 in the first quarter of fiscal 2009. The consolidated operating margin improved to 18.1% in the first quarter of fiscal 2010 compared to 16.4% in the first quarter of 2009.
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Tamar Jorssen
Vice President Sales & Marketing
+1.778.213.8543
[email protected]
Mailing Address
AviTrader Publications Corp.
Suite 305, South Tower
5811 Cooney Road
Richmond, BC V6X 3M1
Canada
[email protected]
Mailing Address
AviTrader Publications Corp.
Suite 305, South Tower
5811 Cooney Road
Richmond, BC V6X 3M1
Canada