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Stock impact report

AerSale Reports Third Quarter 2024 Results

AerSale Corporation (ASLE) 
Company Research Source: Business Wire
Third Quarter 2024 HighlightsRevenue of $82.7 million versus $92.5 million in the prior year period.GAAP net income of $0.5 million versus GAAP net loss of $0.1 million in the prior year period.Adjusted Net Income of $1.8 million versus Adjusted Net Income of $0.9 million in the prior year period.Adjusted EBITDA1 of $8.2 million versus $1.9 million in the prior year period.Flight equipment sales consisted of five engines and no aircraft compared to seven engines and a passenger-to-freighter (P2F”) converted Boeing 757 aircraft in the prior year period.Feedstock acquisitions of $42 million and additional $45 million under contract as of September 30, 2024.Flight Equipment inventory of $413.6 million as of September 30, 2024. DORAL, Fla.--(BUSINESS WIRE)--AerSale Corporation (Nasdaq: ASLE) (the “Company”) today reported results for the third quarter ended September 30, 2024. The Company’s revenue for the third quarter of 2024 was $82.7 million compared to $92.5 million in the third q Show less Read more
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