Willis Lease Finance Corporation reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 54.42 million compared to USD 36.7 million a year ago. Revenue was USD 109 million compared to USD 78.08 million a year ago. Net income was USD 13.82 million compared to USD 5.91 million a year ago. Basic earnings per share from continuing operations was USD 2.04 compared to USD 0.83 a year ago. Diluted earnings per share from continuing operations was USD 2.02 compared to USD 0.81 a year ago.
For the six months, sales was USD 107.64 million compared to USD 74.83 million a year ago. Revenue was USD 198.53 million compared to USD 146.89 million a year ago. Net income was USD 18.21 million compared to net loss of USD 15.29 million a year ago. Basic earnings per share from continuing operations was USD 2.65 compared to basic loss per share from continuing operations of USD 2.81 a year ago. Diluted earnings per share from continuing operations was USD 2.57 compared to diluted loss per share from continuing operations of USD 2.81 a year ago.