secwatch.observer — SEC 8-K summary
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Issuer:     HEICO CORP (HEI)
CIK:        0000046619
Form:       8-K
Filed at:   2022-02-23T23:59:59+00:00
Accession:  0000046619-22-000006
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

HEICO Q1 net income up 23% to $86.9M; Flight Support operating income +103%
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- Diluted EPS $0.63 vs $0.51 YoY; net sales $490.3M, +17%.
- Flight Support Group net sales $272.7M (+37%), operating income $52.4M (+103%), margin 19.2%.
- Electronic Technologies Group net sales $222.3M (-1%), operating income $55.6M (-7%), margin 25.0%.
- Consolidated operating margin improved to 20.2% from 19.2%; EBITDA $122.3M (+18%).
- Organic net sales grew 13% overall; no fiscal 2022 guidance provided due to pandemic uncertainty.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/46619/000004661922000006/0000046619-22-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/46619/000004661922000006/hei-20220223.htm
  HTML page:      https://secwatch.observer/filing/0000046619-22-000006

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