HEICO reports record net income for third quarter of fiscal 2013

HEICO CORPORATION reported that net income increased 25% to a record $28.9m for the third quarter of fiscal 2013, up from $23.1m for the third quarter of fiscal 2012. For the first nine months of fiscal 2013, net income increased 18% to a record $72.6m from $61.4m for the first nine months of fiscal 2012. Operating income increased 14% to a record $48.4m in the third quarter of fiscal 2013, up from $42.5m in the third quarter of fiscal 2012. For the first nine months of fiscal 2013, operating income increased 9% to a record $128.0m up from $117.7m for the first nine months of fiscal 2012.