HEICO Corporation reports strong first quarter results

HEICO Corporation reported that net income increased 27% to $10,086,000 for the first quarter of fiscal 2008 from $7,921,000 for the first quarter of fiscal 2007. Operating income increased 36% to $23,230,000 for the first quarter of fiscal 2008 from $17,140,000 for the first quarter of fiscal 2007. Net sales increased 18% to $134,287,000 for the first quarter of fiscal 2008 from $113,684,000 for the first quarter of fiscal 2007.