Heico Corp (N:HEI)

Business Focus: Aircraft Parts Manufacturing

Sep 10, 2019 08:30 am ET
HEICO Corporation Subsdiary Acquires TTT-Cubed, Inc.
HEICO Corporation (NYSE: HEI.A) (NYSE: HEI) today announced that its dB Control subsidiary acquired 100% of the stock of TTT-Cubed, Inc. (“TTT”) in an all cash transaction. Further financial terms and details were not disclosed. dB Control is part of HEICO’s Electronic Technologies Group. HEICO stated that it expects the acquisition to be accretive to its earnings in the year following the purchase.
Aug 27, 2019 04:15 pm ET
HEICO Corporation Reports Record Operating Income and Net Sales for the Third Quarter of Fiscal 2019 and Record Net Income for the Nine Months; Full Fiscal Year 2019 Net Sales, Net Income and Cash Flo
HEICO CORPORATION (NYSE: HEI.A) (NYSE: HEI) today reported that net income increased 21% to $81.1 million, or 59 cents per diluted share, in the third quarter of fiscal 2019, up from $67.1 million, or 49 cents per diluted share, in the third quarter of fiscal 2018. In the first nine months of fiscal 2019, net income increased 26% to a record $242.2 million, or $1.76 per diluted share, up from $191.9 million, or $1.40 per diluted share, in the first nine months of fiscal 2018.
Aug 26, 2019 10:03 am ET
G.research's 25th Annual Aerospace & Defense Conference
G.research, in conjunction with Gabelli Funds, will host the 25th Annual Aerospace & Defense Conference on Thursday, September 5th, 2019 in New York City. This research meeting will feature presentations by senior management of several leading aerospace and defense companies, with an emphasis on industry dynamics, new technologies, and company fundamentals. Investors should contact their salesperson for more information or to register.
Aug 12, 2019 04:15 pm ET
HEICO Corporation Announces Regular Quarterly Conference Call
On August 27, 2019, after the NYSE closing, HEICO Corporation (NYSE: HEI.A) (NYSE: HEI) will release its financial results for the third quarter ended July 31, 2019. The earnings release will be available through the Internet on the Company’s website at www.heico.com.
Aug 01, 2019 07:30 am ET
G.research Aerospace & Defense Conference
G.research will host the 25th Annual Aerospace & Defense Conference on Thursday, September 5th, 2019 in New York City. This research meeting will feature presentations by senior management of several leading aerospace and defense companies, with an emphasis on industry dynamics, new technologies, and company fundamentals. Investors should contact their salesperson for more information or to register.
Jul 02, 2019 09:00 am ET
HEICO Corporation Acquires Leading French Interconnect Business
HEICO Corporation (NYSE:HEI) (NYSE:HEI.A) today announced that its Buc, France-based 3D PLUS subsidiary acquired substantially all of the assets and business of Bretigny-sur-Orge, France-based BERNIER, SAS (“BERNIER”) in an all cash transaction. 3D PLUS is part of HEICO’s Electronic Technologies Group.
Jun 12, 2019 08:30 am ET
HEICO Corporation Declares Semi-Annual Cash Dividend; Represents 82nd Consecutive Semi-Annual Cash Dividend
HEICO CORPORATION (NYSE: HEI.A) (NYSE: HEI) today announced that its Board of Directors declared a regular semi-annual cash dividend of $.07 per share payable on both classes of common stock. The cash dividend is payable on July 15, 2019 to shareholders of record as of July 1, 2019. In December 2018, the cash dividend was increased by 17%.
Jun 03, 2019 08:30 am ET
HEICO Corporation Acquires Leading Surveillance Countermeasures Company
HEICO Corporation (NYSE HEI.A and HEI) today announced that its Electronic Technologies Group acquired 75% of the ownership of Cookeville, TN-based Research Electronics International, LLC (“REI”) in an all cash transaction. REI’s two owners/managers retained the remaining 25% ownership. No further financial details were disclosed.
May 28, 2019 04:22 pm ET
HEICO CORPORATION Reports Record Net Income, Operating Income and Net Sales for the Second Quarter of Fiscal 2019; Full Fiscal Year 2019 Net Sales, Net Income and Cash Flow Growth Estimates Raised
HEICO CORPORATION (NYSE: HEI.A) (NYSE: HEI) today reported that net income increased 37% to a record $81.8 million, or 60 cents per diluted share, in the second quarter of fiscal 2019, up from $59.6 million, or 44 cents per diluted share, in the second quarter of fiscal 2018. In the first six months of fiscal 2019, net income increased 29% to a record $161.1 million, or $1.18 per diluted share, up from $124.8 million, or 91 cents per diluted share, in the first six months of fiscal 2018.
May 13, 2019 04:15 pm ET
HEICO Corporation Announces Regular Quarterly Conference Call
On May 28, 2019, after the NYSE closing, HEICO Corporation (NYSE: HEI.A) (NYSE: HEI) will release its financial results for the second quarter ended April 30, 2019. The earnings release will be available through the Internet on the Company’s website at www.heico.com.
May 06, 2019 11:51 am ET
VPT Introduces SGRB DC-DC Converter Series Featuring GaN-Based Technology
WASHINGTON, May 6, 2019 /PRNewswire/ -- VPT, Inc., a HEICO company (NYSE:HEI.A) (NYSE:HEI), today released its SGRB Series of space qualified DC-DC converters at the Satellite 2019 Show. Using advanced GaN technology, the SGRB is capable of very high efficiency, up to 95%, as well as radiation tolerance. A fixed-frequency reduced voltage switching topology results in very low input and output noise, making it suitable for use in telecommunication systems. ...
Mar 06, 2019 12:44 pm ET
VPT, Inc. Announces Hi-Rel Components Division
BLACKSBURG, Va., March 6, 2019 /PRNewswire/ -- VPT, Inc., a HEICO company (NYSE:HEI.A) (NYSE:HEI), today announces the addition of VPT Components, a collaboration formed between VPT, Inc., a global leader in power conversion solutions, and SST Components, Inc., a MIL-PRF-19500 JANS certified semiconductor manufacturer. VPT Components will supply the high-reliability electronics market with discrete semiconductor products for military, defense, satellite, and aerospace industries and enters the market as the second largest provider of JAN certified semiconductors in the world, based on the Qu...
Feb 28, 2019 08:00 am ET
HEICO Corporation Subsidiary Acquires Decavo, LLC
HEICO Corporation (NYSE:HEI) (NYSE:HEI.A) today announced that its Flight Support Group acquired 80.1% of Decavo, LLC (“Decavo”) in an all cash transaction.
Feb 26, 2019 04:15 pm ET
HEICO Corporation Reports Record Net Income and Increases in Net Sales and Operating Income for the First Quarter of Fiscal 2019; Full Fiscal Year 2019 Net Sales and Net Income Growth Estimates Raised
HEICO CORPORATION (NYSE: HEI.A) (NYSE: HEI) today reported that net income increased 22% to a record $79.3 million, or 58 cents per diluted share, in the first quarter of fiscal 2019, up from $65.2 million, or 48 cents per diluted share, in the first quarter of fiscal 2018.
Feb 11, 2019 04:15 pm ET
HEICO Corporation Announces Regular Quarterly Conference Call
On February 26, 2019 after the NYSE closing, HEICO Corporation (NYSE: HEI.A) (NYSE: HEI) will release its financial results for the first quarter ended January 31, 2019. The earnings release will be available through the Internet on the Company’s website at http://www.heico.com.
Feb 01, 2019 10:00 am ET
HEICO Corporation Subsidiary Acquires Solid Sealing Technology, Inc.
HEICO Corporation (NYSE:HEI) (NYSE:HEI.A) today announced that its Electronic Technologies Group acquired 85% of the stock of Solid Sealing Technology, Inc. (“SST”) in an all cash transaction.
Dec 17, 2018 04:15 pm ET
HEICO Corporation Reports Record Net Sales, Operating Income and Net Income for the Fourth Quarter and Full Year of Fiscal 2018; Targets Continued Growth in Fiscal 2019
HEICO CORPORATION (NYSE: HEI.A) (NYSE: HEI) today reported that net income attributable to HEICO increased 26% to a record $67.4 million, or 49 cents per diluted share, in the fourth quarter of fiscal 2018, up from $53.7 million, or 39 cents per diluted share, in the fourth quarter of fiscal 2017. In the fiscal year ended October 31, 2018, net income attributable to HEICO increased 39% to a record $259.2 million, or $1.90 per diluted share, up from $186.0 million, or $1.37 per diluted share, in the fiscal year ended October 31, 2017.
Dec 17, 2018 08:30 am ET
HEICO Corporation Increases the Semi-Annual Cash Dividend by 17% and Sets the Annual Meeting and Record Date
HEICO Corporation (NYSE:HEI.A) (NYSE:HEI) announced today that its Board of Directors approved a 17% increase in the semi-annual cash dividend to $0.07 per share from $0.06 per share, payable on both classes of common stock.
Dec 03, 2018 11:57 am ET
HEICO Mourns Passing of Director Wolfgang Mayrhuber
HEICO Corporation (NYSE:HEI) (NYSE:HEI.A) today reported that Wolfgang Mayrhuber, a member of the Company’s Board of Directors, passed away on December 1, 2018, at the age of 71, after a long illness.
Nov 28, 2018 08:30 am ET
HEICO Corporation Acquires Leading Niche Power Amplifier Maker
HEICO Corporation (NYSE: HEI.A) (NYSE: HEI) today announced that its Electronic Technologies Group acquired approximately 93% of the stock of Apex Microtechnology, Inc. (“Apex”) in an all cash transaction. Members of Apex’s management own the balance of the firm.
Nov 26, 2018 04:15 pm ET
HEICO Corporation Announces Regular Quarterly Conference Call
On December 17, 2018, after the NYSE closing, HEICO Corporation (NYSE: HEI.A) (NYSE: HEI) will release its financial results for the fourth quarter ended October 31, 2018. The earnings release will be available through the Internet on the Company’s website at http://www.heico.com.
Nov 26, 2018 03:59 pm ET
Three HEICO Subsidiaries Supply Mission-Critical Parts for NASA’s InSight and MarCO Cube Satellites
HEICO Corporation (NYSE:HEI.A) (NYSE:HEI) today reported that its Sierra Microwave Technology (“Sierra Microwave”), VPT, Inc. (“VPT”) and 3D-Plus (“3D-Plus”) subsidiaries supplied mission-critical equipment for NASA’s landing vehicle named InSight (“InSight”), which launched in May 2018 alongside two, twin cube satellites, called Mars Cube One (“MarCO CubeSats”). With assistance from the twin MarCO CubeSats, InSight landed on Mars at approximately 3pm Eastern Standard Time today.
Nov 16, 2018 08:15 am ET
Market Trends Toward New Normal in Global Partners LP, Synacor, Heico, InterXion Holding N.V, Fly Leasing, and The Estée Lauder Companies — Emerging Consolidated Expectations, Analyst Ratings
In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors, traders, and shareholders of Global Partners LP (NYSE:GLP), Synacor, Inc. (NASDAQ:SYNC), Heico...
Nov 01, 2018 11:00 am ET
HEICO Corporation Announces Important Acquisition
HEICO Corporation (NYSE: HEI.A) and (NYSE: HEI) today announced that its Electronic Technologies Group acquired Specialty Silicone Products, Inc. (“SSP”) in an all cash transaction.
Oct 01, 2018 09:45 am ET
HEICO’s Sierra Microwave Technology Subsidiary Supplies High-Tech Parts for NASA’s RainCube
HEICO Corporation (NYSE: HEI.A) (NYSE: HEI) today reported that its Sierra Microwave Technology (“Sierra Microwave”) subsidiary supplied mission-critical equipment for NASA’s Jet Propulsion Laboratory (“JPL”) Radar in a CubeSat (“RainCube”) mission, which launched earlier this year from Wallops Island, Virginia, deployed on orbit from the International Space Station and recently sent back both its first and second wave of images.
Sep 17, 2018 02:14 pm ET
HEICO’s 3D-Plus and VPT, Inc. Subsidiaries Supply Mission-Critical Parts for NASA’s ICESat-2 Mission
HEICO Corporation (NYSE:HEI.A) (NYSE:HEI) reported today that its 3D-Plus and VPT subsidiaries supplied mission-critical equipment for NASA’s ICESat-2 mission, which launched on September 15th from the Vandenberg Air Force Base in California. This spacecraft is the second iteration of the Ice, Cloud and Land Elevation Satellite and was launched on the final Delta II rocket.
Sep 12, 2018 01:11 pm ET
VPT, Inc. Celebrates 25th Anniversary
BLACKSBURG, Va., Sept. 12, 2018 /PRNewswire/ -- VPT, Inc., a HEICO company (NYSE:HEI.A) (NYSE:HEI), celebrates its milestone 25th Anniversary this year. Throughout the last quarter century, VPT has grown to become a global leader in providing power conversion solutions for use in avionics, military, space, and industrial applications, with an extensive range of award-winning DC-DC converters, EMI filters, and associated products.  ...
Sep 12, 2018 09:06 am ET
G.research Aerospace & Defense Conference
G.research will host the 24th Annual Aerospace & Defense Conference on Thursday, September 13th, 2018 in New York City. This research meeting will feature presentations by senior management of several leading aerospace and defense companies, with an emphasis on industry dynamics, new technologies, and company fundamentals. Discussions will be moderated by G.research analyst Justin Bergner. Investors should contact their salesperson for more information or to register.
Aug 30, 2018 08:00 am ET
HEICO Corporation Subsidiary Acquires Aftermarket Avionics Display Specialist
HEICO Corporation (NYSE:HEI.A) (NYSE:HEI) today announced that a subsidiary of its Flight Support Group has acquired 100% of the business and assets of Optical Display Engineering (“ODE”) in an all cash transaction.
Aug 29, 2018 07:30 am ET
G.research Aerospace & Defense Conference
G.research will host the 24th Annual Aerospace & Defense Conference on Thursday, September 13th, 2018 in New York City. This research meeting will feature presentations by senior management of several leading aerospace and defense companies, with an emphasis on industry dynamics, new technologies, and company fundamentals. Discussions will be moderated by G.research analyst Justin Bergner. Investors should contact their salesperson for more information or to register.
Aug 27, 2018 04:15 pm ET
HEICO CORPORATION Reports Record Net Sales, Operating Income and Net Income for the Third Quarter of Fiscal 2018; Full Fiscal Year 2018 Net Sales and Net Income Growth Estimates Raised
HEICO CORPORATION (NYSE: HEI.A) (NYSE: HEI) today reported that net income increased 47% to a record $67.1 million, or 49 cents per diluted share, in the third quarter of fiscal 2018, up from $45.7 million, or 34 cents per diluted share, in the third quarter of fiscal 2017. In the first nine months of fiscal 2018, net income increased 45% to a record $191.9 million, or $1.40 per diluted share, up from $132.3 million, or 98 cents per diluted share, in the first nine months of fiscal 2017.
Aug 13, 2018 12:47 pm ET
HEICO’s 3D-Plus Subsidiary Supplies Mission-Critical Parts for NASA’s Parker Solar Probe
HEICO Corporation (NYSE: HEI.A) (NYSE: HEI) reported today that its 3D-Plus subsidiary supplied mission-critical equipment for NASA’s Parker Solar Probe, which launched yesterday from Cape Canaveral Air Force Station, Florida.
Aug 13, 2018 09:00 am ET
HEICO Corporation Announces Regular Quarterly Conference Call
On August 27, 2018, after the NYSE closing, HEICO Corporation (NYSE:HEI.A) (NYSE:HEI) will release its financial results for the third quarter ended July 31, 2018. The earnings release will be available through the Internet on the Company’s website at http://www.heico.com.
Aug 07, 2018 07:30 am ET
Gabelli & Company’s Aerospace & Defense Conference
Gabelli & Company will host the 24th Annual Aerospace & Defense Conference on Thursday, September 13th, 2018 in New York City. This research meeting will feature presentations by senior management of several leading aerospace and defense companies, with an emphasis on industry dynamics, new technologies, and company fundamentals. Discussions will be moderated by Gabelli & Company analyst Justin Bergner. Investors should contact their salesperson for more information or to register.
Jun 28, 2018 08:00 am ET
HEICO Corporation Share Prices Adjusted For Stock Split
HEICO Corporation (NYSE:HEI.A) (NYSE:HEI) today reported that all shares of both its Class A Common Stock and its Common Stock will commence trading today on a “post-split” basis to reflect the Company’s previously announced 5-for-4 stock split. Accordingly, the prices of both the Class A Common Stock an
Jun 28, 2018 07:30 am ET
Gabelli & Company’s Aerospace & Defense Conference
Gabelli & Company will host the 24th Annual Aerospace & Defense Conference on Thursday, September 13th, 2018 in New York City. This research meeting will feature presentations by senior management of several leading aerospace and defense companies, with an emphasis on industry dynamics, new technologies and company fundamentals. Discussions will be moderated by Gabelli & Company analysts Tony Bancroft & Justin Bergner. Investors should contact their salesperson for more information or to register.
Jun 27, 2018 07:45 am ET
VPT Introduces Radiation Hardened Point of Load Converters
BLACKSBURG, Va., June 27, 2018 /PRNewswire/ -- VPT, Inc. (VPT®), a HEICO company (NYSE:HEI.A) (NYSE:HEI), today announced the availability of its SVPL Series of space-qualified point of load DC-DC converters. Covering an input voltage range of 3.1 to 13.2 V and available in 6, 9, and 12 A output surface-mount options, the SVPL products are designed specifically for space applications facing harsh radiation environments while requiring low voltages and tight regulation for high-performance processors. ...
Jun 22, 2018 08:30 am ET
Heico, MSG Networks, WageWorks, and Ingredion — Factors of Influence, Major Initiatives and Sustained Production
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Senseonics Holdings, Inc. (NYSE:SENS), LivePerson, Inc. (NASDAQ:LPSN),...
Jun 12, 2018 08:42 am ET
HEICO Corporation Declares a 5-for-4 Stock Split and Increases the Semi-Annual Cash Dividend by 7 Percent
HEICO Corporation (NYSE:HEI.A) (NYSE:HEI) today announced that its Board of Directors approved a 5-for-4 stock split and a 7% effective increase in the semi-annual cash dividend on both its Class A Common Stock and Common Stock.
May 29, 2018 04:15 pm ET
HEICO Corporation Reports Record Net Sales and Operating Income for the Second Quarter of Fiscal 2018; Full Fiscal Year 2018 Net Income Growth Estimates Raised
HEICO CORPORATION (NYSE:HEI.A) (NYSE:HEI) today reported that net income increased 30% to $59.6 million, or 55 cents per diluted share, in the second quarter of fiscal 2018, up from $45.7 million, or 42 cents per diluted share, in the second quarter of fiscal 2017. In the first six months of fiscal 2018, net income increased 44% to a record $124.8 million, or $1.14 per diluted share, up from $86.6 million, or 80 cents per diluted share, in the first six months of fiscal 2017.
May 15, 2018 08:30 am ET
HEICO Corporation Announces Regular Quarterly Conference Call
On May 29, 2018, after the NYSE closing, HEICO Corporation (NYSE: HEI.A) (NYSE: HEI) will release its financial results for the second quarter ended April 30, 2018. The earnings release will be available through the Internet on the Company’s web site at http://www.heico.com.
May 03, 2018 07:30 am ET
Report: Developing Opportunities within USA Truck, Heico, Cable One, Astronics, BancFirst, and Cooper-Standard — Future Expectations, Projections Moving into 2018
In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of USA Truck, Inc. (NASDAQ:USAK), Heico Corporation (NYSE:HEI-A), Cable One,...
Apr 17, 2018 08:30 am ET
HEICO Corporation Subsidiary Acquires Flight Critical Aerospace Electronics Product Line
HEICO Corporation (NYSE: HEI.A) (NYSE: HEI) today announced that its Dukane Seacom Inc. (“Dukane Seacom”) subsidiary acquired 100% of the business and assets of the Emergency Locator Transmitter Beacon product line of Instrumar Limited (“ELT Product Line” or “ELT”) in an all cash transaction. Dukane Seacom is part of HEICO’s Electronic Technologies Group.
Mar 20, 2018 08:30 am ET
Report: Developing Opportunities within Heico, Global Medical REIT, Acceleron Pharma, Momenta Pharmaceuticals, Silgan, and Weingarten Realty Investors — Future Expectations, Projections Moving into 20
NEW YORK, March 20, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Heico Corporation (NYSE:HEI-A), Global Medical REIT...
Mar 01, 2018 08:30 am ET
HEICO Co-President to Speak at U.S. Chamber of Commerce Aviation Summit
HEICO Corporation (NYSE: HEI)(NYSE: HEI.A) advised that its Co-President, Victor H. Mendelson, will speak this afternoon as a panelist on the aviation and aerospace industry’s workforce challenges at the 2018 Aviation Summit hosted by the U.S. Chamber of Commerce in Washington, DC.
Feb 28, 2018 06:50 am ET
HEICO Corporation to Host Earnings Call
NEW YORK, NY / ACCESSWIRE / February 28, 2018 / HEICO Corporation (NYSE: HEI) will be discussing their earnings results in their Q1 Earnings Call to be held on February 28, 2018, at 9:00 AM Eastern Time.
Feb 27, 2018 04:15 pm ET
HEICO Corporation Reports Record Net Income and Increases in Net Sales and Operating Income for the First Quarter of Fiscal 2018; Full Fiscal Year 2018 Growth Estimates Raised in Net Sales, Net Income
HEICO Corporation (NYSE:HEI.A) (NYSE:HEI) today reported that net income increased 59% to a record $65.2 million, or 60 cents per diluted share, in the first quarter of fiscal 2018, up from $40.9 million, or 38 cents per diluted share, in the first quarter of fiscal 2017.
Feb 27, 2018 08:30 am ET
HEICO Corporation Acquires Radiation Detection Leader
HEICO Corporation (NYSE:HEI) (NYSE:HEI.A) announced today that its Santa Barbara Infrared, Inc. (“SBIR”) subsidiary acquired 85% of the business and assets of Sensor Technology Engineering, Inc. (“Sensor Tech”) in an all cash transaction. SBIR is part of HEICO’s Electronic Technologies Group.
Feb 12, 2018 04:20 pm ET
HEICO Corporation Announces Regular Quarterly Conference Call
On February 27, 2018, after the NYSE closing, HEICO Corporation (NYSE: HEI.A) (NYSE: HEI) will release its financial results for the first quarter ended January 31, 2018. The earnings release will be available through the Internet on the Company’s web site at http://www.heico.com.
Jan 18, 2018 09:37 am ET
Update: HEICO Corporation Share Prices Adjusted For Stock Split
HEICO Corporation (NYSE:HEI.A) (NYSE:HEI) today reported that all shares of both its Class A Common Stock and its Common Stock will commence trading today on a “post-split” basis to reflect the Company’s previously announced 5-for-4 stock split. Accordingly, the prices of both the Class A Common Stock an
Jan 18, 2018 08:30 am ET
HEICO Corporation Share Prices Adjusted For Stock Split
HEICO Corporation (NYSE:HEI.A) (NYSE:HEI) today reported that all shares of both its Class A Common Stock and its Common Stock will commence trading today on a “post-split” basis to reflect the Company’s previously announced 5-for-4 stock split. Accordingly, the prices of both the Class A Common Stock an
Jan 18, 2018 07:55 am ET
Investor Expectations to Drive Momentum within Inovalon, Resource Capital, QUANTENNA COMMS, Citi Trends, Employers, and Heico — Discovering Underlying Factors of Influence
NEW YORK, NY, Jan. 18, 2018 (GLOBE NEWSWIRE) -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Inovalon Holdings, Inc. (NASDAQ:INOV), Resource...
Dec 18, 2017 04:17 pm ET
HEICO Corporation Reports Record Net Sales, Operating Income and Net Income for the Fourth Quarter and Full Year of Fiscal 2017; Targets Continued Growth in Fiscal 2018
HEICO CORPORATION (NYSE:HEI.A) (NYSE:HEI) today reported that net income increased 21% to a record $53.7 million, or 62 cents per diluted share, in the fourth quarter of fiscal 2017, up from $44.3 million, or 52 cents per diluted share, in the fourth quarter of fiscal 2016. In the fiscal year ended October 31, 2017, net income increased 19% to a record $186.0 million, or $2.14 per diluted share, up from $156.2 million, or $1.83 per diluted share, in the fiscal year ended October 31, 2016.
Dec 15, 2017 09:00 am ET
HEICO Corporation Declares a 5-for-4 Stock Split, Increases the Semi-Annual Cash Dividend by 9 Percent and Sets the Annual Meeting and Record Date
HEICO Corporation (NYSE:HEI.A) (NYSE:HEI) announced today that its Board of Directors approved a 5-for-4 stock split on both its Class A Common Stock and Common Stock. The stock split will be effected in the form of a 25% stock dividend on each class of the Company’s shares.
Dec 11, 2017 08:30 am ET
HEICO Corporation's Laurans A. Mendelson Named Best Mid-Cap Aerospace and Defense CEO by Institutional Investor
HEICO Corporation (NYSE:HEI) (NYSE:HEI.A) today announced that Laurans A. Mendelson, its Chairman and Chief Executive Officer, was named Best CEO in the Midcap Aerospace & Defense industry by Institutional Investor in its annual All American Executive Team 2018. Mr. Mendelson received the same honor for 2017, marking the second consecutive year he’s been named Best CEO.
Dec 04, 2017 09:00 am ET
HEICO Corporation Announces Regular Quarterly Conference Call
On December 18, 2017, after the NYSE closing, HEICO Corporation (NYSE: HEI.A) (NYSE: HEI) will release its financial results for the fourth quarter ended October 31, 2017. The earnings release will be available through the Internet on the Company’s web site at http://www.heico.com.
Nov 30, 2017 10:19 am ET
VPT Offers Wide Input Voltage Range Radiation Hardened DC-DC Converters for Space Environments
BLACKSBURG, Va., Nov. 30, 2017 /PRNewswire/ -- VPT, Inc. (VPT®), a HEICO company (NYSE:HEI.A) (NYSE:HEI), today announced that its SVR Series isolated DC-DC converters now offer an 18 to 40 V input range. The radiation-hardened SVR series of DC-DC converters is available in single and dual outputs and has been characterized to Total Ionizing Dose (TID) to 100 krad(Si), including Enhanced Low Dose Rate Sensitivity (ELDRS), and Single Event Effects (SEE) performance to 85 MeV-cm2/mg. ...
Nov 07, 2017 08:31 am ET
HEICO Corporation Announces Record $1.3 Billion Credit Facility
HEICO Corporation (NYSE: HEI.A and HEI) announced today that it entered into a new $1.3 billion unsecured revolving credit facility (the “Facility”) with a banking syndicate led by SunTrust Bank, Bank of America and Wells Fargo Bank. Other banks participating are BB&T Bank, Capital One, Fifth Third Bank, J.P. Morgan, PNC Bank, TD Bank, and U.S. Bank as co-documentation agents, as well as Citibank, BankUnited, Synovus Bank and IberiaBank.
Nov 06, 2017 08:30 am ET
HEICO Corporation Subsidiary Acquires Interface Displays & Controls, Inc.
HEICO Corporation (NYSE: HEI.A) (NYSE: HEI) today announced that its Radiant Power Corp. (“Radiant”) subsidiary acquired Interface Displays & Controls, Inc. (“IDC”) in an all cash transaction, which is HEICO’s fourth acquisition this year. Radiant is part of HEICO’s Electronic Technologies Group.
Oct 25, 2017 09:35 am ET
VPT Introduces SVRSA Series of 6W Output Radiation Hardened DC-DC Converters
BLACKSBURG, Va., Oct. 25, 2017 /PRNewswire/ -- VPT, Inc. (VPT®), a HEICO company (NYSE:HEI.A) (NYSE:HEI), today released its single and dual output SVRSA DC-DC converters to further expand its offering of radiation hardened high-reliability space products. Specifically designed for the harsh radiation environment facing space applications, the SVRSA Series has been characterized to Total Ionizing Dose (TID) to 100 krad(Si), including Enhanced Low Dose Rate Sensitivity (ELDRS), and Single Event Effects (SEE) performance to 85 MeV-cm2/mg....
Jun 06, 2017 11:46 am ET
VPT Expands its VXR High-Reliability Line
BLACKSBURG, Va., June 6, 2017 /PRNewswire/ -- VPT, Inc. (VPT®), a HEICO company (NYSE:HEI.A) (NYSE:HEI), today released its dual output VXR Series DC-DC converters to augment its offering of advanced high-reliability COTS products. Optimized for a broad range of programs from military ground vehicles to commercial and military aircraft, the VXR Series products feature wide input voltage ranges and advanced packaging technology for superior operation in harsh environments. The VXR Series now includes both single and dual output offerings from 7 Watts to 100 Watts as well as 2 to 20 Amp EMI fi...
May 08, 2017 04:30 pm ET
HEICO Corporation Announces Regular Quarterly Conference Call
HOLLYWOOD, Fla. and MIAMI, May 08, 2017 (GLOBE NEWSWIRE) -- On May 23, 2017, after the NYSE closing, HEICO Corporation (NYSE:HEI.A) (NYSE:HEI) will release its financial results for the second quarter ended April 30, 2017.  The earnings release will be available through the Internet on the Company’s web site at http://www.heico.com....
Mar 20, 2017 08:30 am ET
HEICO Corporation Declares 5-for-4 Stock Split
MIAMI and HOLLYWOOD, Fla., March 20, 2017 (GLOBE NEWSWIRE) -- HEICO Corporation (NYSE:HEI-A) (NYSE:HEI) announced today that its Board of Directors approved a 5-for-4 stock split on both its Class A Common Stock and Common Stock.  This announcement marks HEICO’s 15th stock split or stock dividend since 1995. ...
Feb 28, 2017 04:15 pm ET
HEICO Corporation Reports Outstanding Growth in Net Income, Operating Income and Net Sales for the First Quarter of Fiscal 2017; Full Fiscal Year 2017 Net Sales and Net Income Growth Estimates Raised
HOLLYWOOD, Fla. and MIAMI, Feb. 28, 2017 (GLOBE NEWSWIRE) -- HEICO CORPORATION (NYSE:HEI.A) (NYSE:HEI) today reported that net income increased 31% to $40.9 million, or 59 cents per diluted share, in the first quarter of fiscal 2017, up from $31.3 million, or 46 cents per diluted share, in the first quarter of fiscal 2016....
Feb 14, 2017 04:37 pm ET
HEICO Corporation Announces Regular Quarterly Conference Call
HOLLYWOOD, Fla. and MIAMI, Feb. 14, 2017 (GLOBE NEWSWIRE) -- On February 28, 2017, after the NYSE closing, HEICO Corporation (NYSE:HEI.A) (NYSE:HEI) will release its financial results for the first quarter ended January 31, 2017.  The earnings release will be available through the Internet on the Company’s web site at http://www.heico.com....
Dec 13, 2016 04:15 pm ET
HEICO Corporation Reports Record Net Sales, Operating Income and Net Income for the Full Year and Fourth Quarter of Fiscal 2016; Targets Continued Growth in Fiscal 2017
HOLLYWOOD, Fla. and MIAMI, Dec. 13, 2016 (GLOBE NEWSWIRE) -- HEICO CORPORATION (NYSE:HEI.A) (NYSE:HEI) today reported that net income increased 17% to a record $156.2 million, or $2.29 per diluted share, in the fiscal year ended October 31, 2016, up from $133.4 million, or $1.97 per diluted share, in the fiscal year ended October 31, 2015.  Net income increased 16% to a record $44.3 million, or 65 cents per diluted share, in the fourth quarter of fiscal 2016, up from $38.3 million, or 56 cents per diluted share, in the fourth quarter of fiscal 2015....
Dec 13, 2016 08:30 am ET
HEICO Corporation Increases Semi-Annual Cash Dividend 13 percent
MIAMI and HOLLYWOOD, Fla., Dec. 13, 2016 (GLOBE NEWSWIRE) -- HEICO Corporation (NYSE:HEI.A) (NYSE:HEI) today announced that its Board of Directors declared a regular semi-annual cash dividend of $.09 per share, payable on both classes of common stock.  The cash dividend will be paid on January 18, 2017 to shareholders of record as of January 4, 2017....
Dec 12, 2016 05:45 pm ET
HEICO Corporation Sets Annual Meeting and Record Dates
MIAMI and HOLLYWOOD, Fla., Dec. 12, 2016 (GLOBE NEWSWIRE) -- HEICO Corporation (NYSE:HEI.A) (NYSE:HEI) today announced that its Annual Shareholders’ Meeting will be held on March 17, 2017.  Shareholders of record at the close of business on January 13, 2017 will be entitled to vote at the meeting....
Dec 01, 2016 05:00 pm ET
HEICO Corporation Announces Regular Quarterly Conference Call
HOLLYWOOD, Fla. and MIAMI, Dec. 01, 2016 (GLOBE NEWSWIRE) -- On December 13, 2016, after the NYSE closing, HEICO Corporation (NYSE:HEI.A) (NYSE:HEI) will release its financial results for the fourth quarter ended October 31, 2016.  The earnings release will be available through the Internet on the Company’s web site at http://www.heico.com.  ...
Nov 15, 2016 10:35 am ET
VPT Receives Platinum Level Award from Military & Aerospace Electronics 2016 Innovators Awards Program
BLACKSBURG, Va., Nov. 15, 2016 /PRNewswire/ -- VPT, Inc. (VPT®), a HEICO company (NYSE:HEI.A) (NYSE:HEI), announced today that its V-SHIELD® packaging technology has been recognized by the judges of the 2016 Military & Aerospace Electronics Innovators Awards program with the highest, platinum level award. The platinum level recognizes military and aerospace electronics featuring a superb innovation, characterized by a groundbreaking approach to meeting a need, a new level of performance, efficiency and/or ease-of-use. ...
Nov 14, 2016 04:56 pm ET
HEICO Mourns Passing of Director Samuel L. Higginbottom
MIAMI, Nov. 14, 2016 (GLOBE NEWSWIRE) -- HEICO Corporation (NYSE:HEI.A) (NYSE:HEI) today reported that Samuel L. Higginbottom, a member of the Company’s Board of Directors, passed away at age 95, on November 13, 2016 after fighting some illnesses this year....
Oct 04, 2016 01:50 pm ET
HEICO Chairman and CEO Receives Wright Brothers Memorial Award
MIAMI, Oct. 04, 2016 (GLOBE NEWSWIRE) -- HEICO Corporation (NYSE:HEI.A) (NYSE:HEI) today reported that Laurans A. Mendelson, its Chairman and Chief Executive Officer, received the prestigious Wright Brothers Memorial Award from the Greater Miami Aviation Association at the Association’s annual gala dinner in Doral, FL on October 2, 2016....
Sep 09, 2016 12:40 pm ET
HEICO’s VPT, Inc. and 3D Plus Subsidiaries Supply Mission-Critical Components on NASA’s OSIRIS-REx
BLACKSBURG, Va., BUC, France and MIAMI, Sept. 09, 2016 (GLOBE NEWSWIRE) -- HEICO Corporation (NYSE:HEI.A) (NYSE:HEI) today reported that its VPT, Inc. and 3D Plus subsidiaries supplied mission-critical components for NASA’s OSIRIS-REx program, which launched from Cape Canaveral, FL last night....
Aug 24, 2016 04:20 pm ET
HEICO Corporation 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
HOLLYWOOD, Fla. and MIAMI, Aug. 24, 2016 (GLOBE NEWSWIRE) -- HEICO CORPORATION (NYSE:HEI.A) (NYSE:HEI) today reported that net income increased 22% to a record $42.0 million, or 62 cents per diluted share, in the third quarter of fiscal 2016, up from $34.4 million, or 51 cents per diluted share, in the third quarter of fiscal 2015.  In the first nine months of fiscal 2016, net income increased 18% to a record $111.9 million, or $1.64 per diluted share, up from $95.1 million, or $1.40 per diluted share, in the first nine months of fiscal 2015....
Aug 09, 2016 08:30 am ET
Heico Corporation Announces Regular Quarterly Conference Call
HOLLYWOOD, Fla. and MIAMI, Aug. 09, 2016 (GLOBE NEWSWIRE) -- On August 24, 2016, after the NYSE closing, HEICO Corporation (NYSE:HEI.A) (NYSE:HEI) will release its financial results for the third quarter ended July 31, 2016.  The earnings release will be available through the Internet on the Company’s web site at http://www.heico.com....
Jul 14, 2016 08:00 am ET
HEICO Extends Repair Capabilities
MIAMI and HIGHLAND HEIGHTS, Ohio, July 14, 2016 (GLOBE NEWSWIRE) -- HEICO Corporation (NYSE:HEI.A) (NYSE:HEI) today announced that its Flight Support Group Subsidiary, Inertial Aerospace Services, entered into a License Agreement with Northrop Grumman Corporation (NYSE:NOC) to perform the overhaul and repair of select inertial reference units and associated accessories.  In conjunction with this agreement, Inertial Aerospace Services will receive Northrop Grumman’s parts inventory and test equipment for the Northrop Grumman licensed products.  The agreement also provides access to technica...
Jul 06, 2016 08:00 am ET
HEICO Corporation Subsidiaries Supply Mission-Critical Parts for NASA’s Juno Spacecraft
GEORGETOWN, Texas and BUC, France, July 06, 2016 (GLOBE NEWSWIRE) -- HEICO Corporation (NYSE:HEI.A) (NYSE:HEI) today announced that two of its Electronic Technologies Group subsidiaries designed and manufactured mission-critical flight hardware for NASA’s Juno spacecraft which entered Jupiter’s orbit this week.  Juno is the first spacecraft in history to make this remarkable achievement....
Jun 22, 2016 12:15 pm ET
VPT Adds Industrial Level VHR Series DC-DC Converter Line
BLACKSBURG, Va., June 22, 2016 /PRNewswire/ -- VPT, Inc. (VPT®), a HEICO company (NYSE:HEI.A) (NYSE:HEI), today released the VHR Series of industrial level DC-DC converters and EMI filters. Available in models ranging from 5 to 100 watts, the VHR Series of DC-DC converters provides customers with VPT's renowned levels of product reliability for powering non-flight-critical programs in military, avionics, and unmanned systems as well as manufacturing equipment and controls....
Jun 06, 2016 01:00 pm ET
HEICO Corporation Declares Semi-Annual Cash Dividend; Represents 76th Consecutive Semi-Annual Cash Dividend
MIAMI and HOLLYWOOD, Fla., June 06, 2016 (GLOBE NEWSWIRE) -- HEICO CORPORATION (NYSE:HEI.A) (NYSE:HEI) today announced that its Board of Directors declared a regular semi-annual cash dividend of $.08 per share payable on both classes of common stock.  The cash dividend is payable on July 19, 2016 to shareholders of record as of July 5, 2016.  In December 2015, the cash dividend was increased by 14%....
Jun 02, 2016 08:30 am ET
HEICO Corporation Ranked One of 100 Most Trustworthy Companies in America
HOLLYWOOD, Fla. and MIAMI, June 02, 2016 (GLOBE NEWSWIRE) -- HEICO Corporation (NYSE:HEI.A) (NYSE:HEI) today announced that Forbes has ranked the company as one of the "100 Most Trustworthy Companies in America" for 2016 based on accounting and governance practices. ...
May 10, 2016 04:15 pm ET
HEICO Corporation Announces Regular Quarterly Conference Call
HOLLYWOOD, Fla. and MIAMI, May 10, 2016 (GLOBE NEWSWIRE) -- On May 25, 2016, after the NYSE closing, HEICO Corporation (NYSE:HEI.A) (NYSE:HEI) will release its financial results for the second quarter ended April 30, 2016.  The earnings release will be available through the Internet on the Company’s web site at http://www.heico.com....