AAR Corp reported a strong first quarter for fiscal year 2025, with consolidated sales of $661.7 million and net income of $18.0 million, or $0.50 per diluted share. This represents a 20% increase in sales compared to the prior year quarter. Adjusted diluted earnings per share were $0.85, compared to $0.78 in the prior year. The company saw growth in both commercial and government sectors, driven by organic growth and the acquisition of the Product Support business.
Consolidated sales increased by 20% compared to the prior year quarter.
Net income reached $18.0 million, or $0.50 per diluted share, a significant improvement from the prior year's net loss.
Adjusted diluted earnings per share increased to $0.85, up from $0.78 in the prior year.
Sales to both commercial and government customers increased by 20%.
AAR Corp anticipates further margin expansion as they continue to drive growth in higher margin activities and fully integrate the Product Support business. Demand remains exceptionally strong for their services, and they expect continued growth across both commercial and government businesses.