Reports Q2 revenue $545.4M vs. $469.8M last year. “We drove another quarter of double-digit sales growth in our commercial business with strong USM and new parts distribution volumes in our Parts Supply segment. Additionally, the recovery in global flight hours led to growth in our Integrated Solutions segment. Demand for MRO services continued to be strong and our hangars remained largely full throughout the quarter,” said John M. Holmes, chairman, president and CEO of AAR Corp.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on AIR:
- AAR announces agreement to acquire Triumph Group’s Product Support business, a leading provider of MRO services to the global aviation aftermarket
- Options Volatility and Implied Earnings Moves Today, December 21, 2023
- Mitek Systems appoints David Lyle as CFO
- AIR Earnings this Week: How Will it Perform?
- Options Volatility and Implied Earnings Moves This Week, December 18 – December 21, 2023