secwatch.observer — SEC 8-K summary
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Issuer:     AerSale Corp (ASLE)
CIK:        0001754170
Form:       8-K
Filed at:   2023-05-09T23:59:59+00:00
Accession:  0001558370-23-008808
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

AerSale Q1 revenue falls to $78.3M, net income $5K; adjusted EBITDA $5.0M; reaffirms 2023 guidance
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- Q1 2023 revenue $78.3M vs $122.8M YoY; GAAP net income $5K vs $17.2M.
- Flight equipment sales $27.7M (2 aircraft, 1 airframe, 1 engine) vs $75.9M (6 aircraft, 4 engines).
- Adjusted EBITDA $5.0M vs $29.9M; Adjusted Net Income $3.3M vs $22.2M.
- Reaffirms FY2023 guidance: revenue $460-490M, adjusted EBITDA $70-80M (excludes AerAware).
- CEO cites timing of flight equipment sales; on track to convert 11 additional 757s to freighters.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1754170/000155837023008808/0001558370-23-008808-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1754170/000155837023008808/asle-20230509x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-23-008808

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer