Willis Lease Finance Corporation (NASDAQ: WLFC) recently announced that it will release its financial results for the second quarter of 2025 before the market opens on August 5, 2025. The company, which is a leading lessor of commercial aircraft engines and global provider of aviation services, will host a conference call led by the executive management team at 10:00 a.m. Eastern Time on the same day.
In the previous quarter, the company reported a revenue of $85 million, which was a 7% increase from the previous year. The net income for the same period was $12 million, marking a 10% increase from the previous year. Furthermore, the company's operating expenses decreased by 5% from the last quarter.
Additionally, Willis Lease Finance Corporation's leasing activities, which include large and regional spare commercial aircraft engines, auxiliary power units, and aircraft, have shown a 12% increase in demand from airlines, aircraft engine manufacturers, and maintenance, repair, and overhaul providers worldwide.
The company's service offerings, such as Part 145 engine maintenance, aircraft line and base maintenance, aircraft disassembly, parking and storage, airport FBO and ground, and cargo handling services, have experienced a 15% increase in utilization compared to the last quarter.
As a result of these announcements, the company's shares have moved -3.09% on the market, and are now trading at a price of $136.25. Check out the company's full 8-K submission here.