06:20 AM EDT, 08/26/2025 (MT Newswires) -- Heico's ( HEI ) fiscal third-quarter results surpassed market expectations as the aerospace and electronics company recorded double-digit revenue growth in its two main segments.
Net income came in at $1.26 a share for the three months through July, up from $0.97 the year before, the company said late Monday. The consensus among analysts on FactSet was for GAAP EPS of $1.13. Sales advanced to $1.15 billion from $992.2 million in the prior-year quarter, topping the Street's view for $1.12 billion.
"We are proud to report record quarterly net income, operating income and net sales, mainly reflecting robust double-digit consolidated organic net sales growth," Executive Chairman Laurans Mendelson said in a statement. "These results are highlighted by consistently strong organic net sales growth across the flight support group's product lines and impressive double-digit organic net sales growth for the electronic technologies group's other electronics and space products."
Shares of the company rose 1.6% in Tuesday's most recent premarket activity.
Flight support group sales climbed 18% to $802.7 million. On an organic basis, sales grew 13% buoyed by increased demand across all of the division's product lines, as well as contributions by the company's acquisitions in fiscal 2025 and 2024.
Sales from the electronic technologies group inclined 10% to $355.9 million, amid sustained demand for most products, according to Heico ( HEI ). Organic sales rose 7% in the business mainly due to higher demand for its electronics, defense and space products.
Heico's ( HEI ) consolidated operating margin improved to 23.1% from 21.8% last year. Selling, general and administrative expenses rose to $192.1 million from $172.8 million a year ago.
"As we look ahead, we remain confident in achieving net sales growth across both the flight support group and electronic technologies group segments, driven by continued organic demand for most of our products," according to Mendelson. "Additionally, we aim to accelerate growth through our recently completed acquisitions, while capitalizing on acquisition opportunities."