{"id":23767,"date":"2019-05-07T14:15:00","date_gmt":"2019-05-07T06:15:00","guid":{"rendered":"http:\/\/www.namnewsnetwork.org\/?p=23767"},"modified":"2019-05-07T14:15:36","modified_gmt":"2019-05-07T06:15:36","slug":"willis-lease-finance-corporation-reports-record-quarterly-pre-tax-profit-of-27-8-million","status":"publish","type":"post","link":"http:\/\/namnewsnetwork.org\/?p=23767","title":{"rendered":"Willis Lease Finance Corporation Reports Record Quarterly Pre-tax Profit Of $27.8 Million"},"content":{"rendered":"\n<p><strong>COCONUT CREEK, Fla., May 7 (Bernama-GLOBE NEWSWIRE) &#8212;<\/strong>\u00a0Willis Lease Finance Corporation (NASDAQ: WLFC) today reported pre-tax profit of $27.8 million and total revenues of $103.8 million in the first quarter of 2019. The Company\u2019s first quarter 2019 pre-tax results were driven by continued revenue growth in the core leasing business, an increase in trading activity and continuing spare parts sales. Aggregate lease rent and maintenance reserve revenues were $73.7 million for the first quarter of 2019.<\/p>\n\n\n\n<p>\u201cOur continued growth and the Company\u2019s record quarterly revenue and pre-tax profits of $103.8 million and $27.8 million, respectively, speak to the market\u2019s recognition of the value of the Willis Platform,\u201d said Charles F. Willis, Chairman and CEO. \u201cWe continue to see a global client base leveraging our broad product offering of core lease services, materials, fleet transition solutions, asset management and materials services.\u201d <\/p>\n\n\n\n<p><a href=\"http:\/\/mrem.bernama.com\/viewsm.php?idm=34495\">http:\/\/mrem.bernama.com\/viewsm.php?idm=34495<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>COCONUT CREEK, Fla., May 7 (Bernama-GLOBE NEWSWIRE) &#8212;\u00a0Willis Lease Finance Corporation (NASDAQ: WLFC) today reported pre-tax profit of $27.8 million and total revenues of $103.8 million in the first quarter of 2019. The Company\u2019s first quarter 2019 pre-tax results were driven by continued revenue growth in the core leasing business, an increase in trading activity [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[315],"tags":[],"_links":{"self":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/23767"}],"collection":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=23767"}],"version-history":[{"count":0,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/23767\/revisions"}],"wp:attachment":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=23767"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=23767"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=23767"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}