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Aviation Links Q3 profit climbs YOY

Aviation Links Ltd. said its normalized net income for the third quarter amounted to 47 cents per share, a gain from 22 cents per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $3.6 million, a gain from $1.6 million in the year-earlier period.

The normalized profit margin climbed to 4.1% from 2.5% in the year-earlier period.

Total revenue rose 33.8% year over year to $87.9 million from $65.7 million, and total operating expenses grew 30.9% from the prior-year period to $81.4 million from $62.2 million.

Reported net income increased year over year to $4.2 million, or 56 cents per share, from $1.8 million, or 24 cents per share.