HEICO Corporation Shares Gain 5% Following Q4 Results 
<p><a href='https://financialmodelingprep.com/financial-summary/HEI'>HEICO Corporation (NYSE:HEI)</a> shares rose more than 5% since the company’s reported Q4 results on Monday, with EPS of $0.70 coming in better than the Street estimate of $0.69. Revenue grew 20% year-over-year to a record $609.6 million. Free cash flow in the quarter was $136 million and $436 million for 2022.</p>
<p>However, the company continued to face headwinds in its ETG segment due to defense supply chain constraints. Organic sales were down approximately 1% in the ETG segment as the company called out a $47 million supply chain impact. The company has called out around $100 million in delayed fiscal 2022 sales in the ETG segment due to supply chain issues.</p>
<p>Management has not provided detailed 2023 guidance, but indicated it expects organic growth in each segment. </p>

NYSE:HEI