AerSale Corporation (ASLE) Tops Q1 EPS by 31c
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AerSale Reports First Quarter 2022 Results
May 9, 2022 4:05 PM EDTFirst Quarter 2022 Highlights
Revenue of $122.8 million, up 110% as compared to prior year period. GAAP net income of $17.2 million, or 14.0% of sales, up 72% as compared to prior year period. Adjusted Net Income of $22.2 million, or 18.1% of sales, up 115% as compared to prior year period. Adjusted EBITDA of $29.9 million or 24.4% of sales, up 81% as compared to prior year period. Flight equipment sales consistent of six aircraft and four engines, which included five Boeing 757 assets Continue to anticipate the monetization of the remaining Boeing 757 package in the remainder of 2022 and... More