Heico Corp

HEI: XNYS (USA)
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Heico Earnings: Aerospace Growth Continues; Shares a Touch Frothy With Fair Value Estimate Up 7%

Heico turned in another strong quarter, with impressive 16% year-over-year revenue and 22% operating profit growth in its third fiscal quarter, which ended in July. Continued strong demand for its aerospace aftermarket parts and services drove 13% organic revenue growth in the flight support group.

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