AerSale reports Q2 EPS 18c vs. (7c) last year

Reports Q2 revenue $107.4M, two estimates $85.5M. Nick Finazzo, AerSale’s (ASLE) Chief Executive Officer, commented, “We delivered encouraging results in the second quarter, with revenue increasing 39.3% to $107.4 million, driven by flight equipment sales and continued strength in our core business activities. Our strategic focus on monetizing flight equipment and expanding our service offerings has yielded significant improvement in adjusted EBITDA to $18.3 million from $3.2 million in the prior year period. The growth in our Asset Management Solutions segment and the ongoing commercial demand for USM parts demonstrate the effectiveness of our business model. Looking ahead, we remain well-positioned to capitalize on market opportunities with our strong inventory position and expanded operational capabilities as we continue to execute on our strategic initiatives through 2025.”