{"schema_version":"secwatch.filing_event.v1","accession":"0000046619-24-000012","form_type":"8-K","ticker":"HEI","cik":"0000046619","company_name":"HEICO CORP","filed_at":"2024-02-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.624493+00:00","generated_at":"2026-06-05T15:55:10.826138+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"HEICO Q1 FY2024 net sales +44%, net income +23% to $114.7M; Flight Support Group record sales up 67%","bullets":["Diluted EPS $0.82 vs $0.67; net income $114.7M vs $93.0M; operating income +39% to $180.2M.","Flight Support Group net sales record $618.7M (+67%); operating income record $136.1M (+63%); organic growth 12%.","Electronic Technologies Group net sales +12% to $285.9M; operating income $55.3M vs $56.5M; margin 19.3% vs 22.2%.","Cash flow from operations +46% to $111.7M; EBITDA +43% to $224.4M; net debt/EBITDA improved to 2.79x.","Guidance: Net sales growth anticipated in both segments driven by FY2023 acquisitions and continued demand."],"urls":{"canonical":"https://secwatch.observer/filing/0000046619-24-000012","json":"https://secwatch.observer/filing/0000046619-24-000012.json","markdown":"https://secwatch.observer/filing/0000046619-24-000012.md","text":"https://secwatch.observer/filing/0000046619-24-000012.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/46619/000004661924000012/0000046619-24-000012-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/46619/000004661924000012/hei-20240226.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T15:55:10.826138+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"c6043b80f8486fd25da4a20b98e35c14bfcf6f43","claim":"HEICO CORP reported the first quarter of fiscal 2024 results: revenue $896.4 million, net income $114.7 million, EPS $.82 per diluted share.","evidence_excerpt":"Net sales increased 44% to $896.4 million in the first quarter of fiscal 2024, up from $620.9 million in the first quarter of fiscal 2023. Operating income increased 39% to $180.2 million in the first quarter of fiscal 2024, up from $129.4 million in the first quarter of fiscal 2023. The Company's consolidated operating margin was 20.1% in the first quarter of fiscal 2024, as compared to 20.8% in the first quarter of fiscal 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/46619/000004661924000012/0000046619-24-000012-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the first quarter of fiscal 2024"},{"label":"Revenue","value":"$896.4 million"},{"label":"Net income","value":"$114.7 million"},{"label":"EPS","value":"$.82 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}