Mercury Air Group posts record revenue and net income for March quarter
Mercury Air Group posted record revenue and net income for the March quarter. Revenue was up 26.6% to $72.5 million and net income rose 29.3% to $1.1 million. Mercury said its FBOs boosted overall performance. "Gross margin for the FBOs jumped 171.4% this quarter," said Seymour Kahn, chairman.
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