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Wesco Aircraft Holdings, Inc  (WAIR)
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EARNINGS REPORT by CSIMarket

Income Positive Again, Sales Down Slightly


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Wesco Aircraft Holdings, Inc announced forth quarter 2016 operating income of $40.251 millions



Company has managed to turn into profitability on declining sales, eps was at $0.24 in the forth quarter 2016 but Sales declined by -1.1 % to $365.60 millions compare to previous year quarter.

From preceding quarter, eps remained unchanged from $0.24 per share and Sales decreased by -2.56 % from $375.19 millions.

Company achieved net income of $23.26 millions in the forth quarter 2016 an improvement versus a net loss of $-214.00 millions in the same quarter a year ago. Wesco Aircraft Holdings, Inc also emphasized it's improving profit margins, where net margin rose to 6.36% in forth quarter 2016, and operating margin edged up to 11.01%.
Wesco Aircraft Holdings, Inc reported earnings of $91.38 millions and Sales of $1.48 billions for the fiscal year 2016.

Company reported earnings per share of $0.93 compare to $-1.60 in the previous fiscal year, while Sales decreased by -1.35 % from $1.50 billions a year ago.
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