FTAI Aviation Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was USD 59.54 million compared to USD 39.64 million a year ago. Revenue was USD 274.35 million compared to USD 112.06 million a year ago. Net income was USD 54.75 million compared to USD 1.28 million a year ago. Basic earnings per share from continuing operations was USD 0.47 compared to USD 0.4 a year ago. Diluted earnings per share from continuing operations was USD 0.46 compared to USD 0.39 a year ago.
For the six months, sales was USD 115.52 million compared to USD 78.97 million a year ago. Revenue was USD 567.06 million compared to USD 203.76 million a year ago. Net income was USD 84.15 million compared to net loss of USD 235.85 million a year ago. Basic earnings per share from continuing operations was USD 0.69 compared to basic loss per share from continuing operations of USD 1.48 a year ago. Diluted earnings per share from continuing operations was USD 0.69 compared to diluted loss per share from continuing operations of USD 1.48 a year ago.