COCONUT CREEK, Fla. (AP) — Willis Lease Finance Corp. (WLFC) on Tuesday reported a first-quarter loss of $1.3 million, after reporting a profit in the same period a year earlier.
The Coconut Creek, Florida-based company said it had a loss of 36 cents per share.
The jet engine lessor posted revenue of $61.1 million in the period.
Willis Lease shares have climbed 41% since the beginning of the year. The stock has more than doubled in the last 12 months.