Willis Lease Finance Corporation reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 53.57 million compared to USD 39.52 million a year ago. Revenue was USD 105.75 million compared to USD 76.89 million a year ago. Net income was USD 14.62 million compared to USD 6.39 million a year ago. Basic earnings per share from continuing operations was USD 2.16 compared to USD 0.91 a year ago. Diluted earnings per share from continuing operations was USD 2.13 compared to USD 0.89 a year ago.
For the nine months, sales was USD 161.21 million compared to USD 114.34 million a year ago. Revenue was USD 304.28 million compared to USD 223.78 million a year ago. Net income was USD 32.83 million compared to net loss of USD 8.9 million a year ago. Basic earnings per share from continuing operations was USD 4.83 compared to basic loss per share from continuing operations of USD 1.88 a year ago. Diluted earnings per share from continuing operations was USD 4.7 compared to diluted loss per share from continuing operations of USD 1.88 a year ago.