Illinois-based aviation services company AAR recorded third quarter fiscal year 2023 (Q3 FY 2023) sales of $521 million, up 15% year-on-year. The sales contributed to GAAP diluted earnings per share from continuing operations of $0.62, compared to $0.63 in Q3 FY2022, with  adjusted diluted earnings per share from continuing operations of $0.75, up 19% from $0.63. The company, which recently announced the acquisition of aircraft software business TRAX, said Q3 cash flow from continuing operations was around $17 million. Consolidated third quarter sales increased 15% year-on-year, with sales to commercial customers up 28% but those to government customers down 3%,

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