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HEICO Stock Dips in Pre-Market Despite Recording Best-Ever Q1 Earnings
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HEICO Stock Dips in Pre-Market Despite Recording Best-Ever Q1 Earnings
TLDR HEICO achieves best-ever first quarter earnings, yet shares decline in early trading. Revenue jumps 14% to reach $1.18B with Flight Support segment leading the charge. Flight Support profitability climbs to 24.5% driven by favorable mix and operational gains. Electronic Technologies expands revenue but faces margin compression from product mix changes. Leverage ratios increase following acquisition activity, though outlook remains opti…
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