Sergio, AVTM reported earnings today and is a possible candidate I might use for one of the models. I have owned for a couple months or so. They met estimates and have a conference call later today - worth a watch for $8 stock.
MIRAMAR, Fla., Aug. 16 /PRNewswire/ -- AVTEAM, Inc. (Nasdaq: AVTM), a global supplier of aftermarket aircraft engines, engine parts and airframe components, and engine repair and overhaul services to the aviation industry, today reported record revenue of $35.5 million for the second quarter of 1999, an increase of 68.2 percent over the second quarter of 1998.
Net income for the second quarter of 1999 increased by 29.8 percent to a record $2.3 million, or $0.20 per diluted share. This compares with net income of $1.7 million, or $0.16 per diluted share for the same period last year.
For the six months ended June 30, 1999, net income was $4.3 million, or $0.37 per share, compared to $3.1 million, or $0.28 per share, for the comparable 1998 period. Net revenues for the first half of 1999 were $64.8 million compared to $34.2 million for the six months ended June 30, 1998.
Bruce |
