B/E Aerospace revenue up 24 percent in Q3
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- Celia Ampel
- Reporter- South Florida Business Journal
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B/E Aerospace saw revenue increase 24 percent in the third quarter of 2014, following higher earnings in the company's commercial aircraft, business jet and consumables management segments.
The Wellington-based company (Nasdaq: BEAV) manufactures aircraft cabin products and provides logistics services. The company had $1.1 billion in third-quarter revenue, compared to $888 million for the same period last year.
RELATED CONTENT: B/E Aerospace lands new CFO from Boeing
Net earnings were $102.2 million, compared to $92.7 million for the third quarter of 2013.
B/E Aerospace named a 12-year Boeing leader as its new chief financial officer Oct. 6. The company also announced a CFO for its subsidiary KLX Inc., which will soon spin off.
Celia Ampel covers technology, startups, venture capital and angel investment. Stay on top of the latest venture news with our free daily newsletter. Click here to subscribe.
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