earnings
confidence high
sentiment neutral
materiality 0.70
AerSale Q2 revenue +11% to $77.1M but net loss widens to $3.6M; Adj EBITDA turns positive
AerSale Corp
2024-Q2 EPS reported
$0.05
revenue$167,641,000
- Revenue $77.1M vs $69.3M YoY; GAAP net loss $3.6M vs $2.7M loss (prior year).
- Adjusted EBITDA $3.2M (prior year -$0.5M); adjusted net loss $2.6M vs $0.6M.
- Asset Mgmt revenue $41.8M (+13% YoY); TechOps $35.3M (+9.4%) on strong MRO demand.
- Acquired $36M in feedstock ($71M under contract); liquidity $101.8M.
- New Millington MRO facility completed; Miami component MROs expected to serve customers by year-end.