Willis Lease Finance Corporation reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was USD 53.22 million compared to USD 38.13 million a year ago. Revenue was USD 89.54 million compared to USD 68.82 million a year ago.

Net income was USD 4.39 million compared to net loss of USD 21.2 million a year ago. Basic earnings per share from continuing operations was USD 0.58 compared to basic loss per share from continuing operations of USD 3.7 a year ago. Diluted earnings per share from continuing operations was USD 0.55 compared to diluted loss per share from continuing operations of USD 3.7 a year ago.