Record-Breaking Sales Growth
Second quarter sales of $686 million, up 26% year-over-year, setting a new company quarterly sales record. Adjusted earnings per share increased by 11% from last year.
Commercial and Government Business Growth
Consolidated sales to commercial customers increased 30% from the same quarter last year, and sales to government customers increased 16%.
Repair & Engineering Segment Performance
Second quarter sales grew 57% year-over-year. Adjusted EBITDA in this segment grew 132%, and adjusted operating income increased by 143%.
Parts Supply Segment Growth
Sales in Parts Supply grew 20%, driven by strong demand for both new and used parts, particularly engine components.