Legacy Education Reports Strong Growth in First Quarter 2025
November 14, 2024
IPO: Sep 26, 24
Industry:
EDUCATIONAL SERVICES
Lancaster, California – Legacy Education Inc. (NYSE American: LGCY) today announced financial results for the first quarter of fiscal year 2025, ended September 30, 2024. The company reported revenue growth of 35.1% to $14.0 million, driven by a 23.3% increase in new student enrollments. Net income was $2.1 million.
Legacy Education attributes this strong growth to its strategic growth initiatives and commitment to delivering high-quality educational experiences. The company is optimistic about its continued growth prospects.
Key financial highlights:
- Revenue growth of 35.1% to $14.0 million
- New student enrollment increase of 23.3%
- EBITDA of $2.7 million
- Net income of $2.1 million
- Diluted earnings per share of $0.21
StandardAero Takes Off: Strong Growth and Strategic Expansion in Q3 2024
November 13, 2024
IPO: Oct 02, 24
Industry:
AIRCRAFT ENGINES & ENGINE PARTS
Scottsdale, Arizona – StandardAero (NYSE: SARO) delivered a strong third quarter of 2024, with revenue soaring 13.2% year-over-year to $1.24 billion. This increase was driven by strong performance in both its Engine Services and Component Repair Services segments, particularly in commercial aviation and business aviation. Adjusted EBITDA climbed 26% to $168.4 million, reflecting increased demand and successful execution of strategies.
In addition to organic growth, StandardAero acquired Aero Turbine Inc. to expand its capabilities. The company also completed a successful IPO and refinanced its capital structure, resulting in significant interest savings. With a strong market position and solid financial footing, StandardAero is optimistic about the future.