Transdigm (TDG) Tops Q2 EPS by 10c; Updates FY15 Outlook

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TransDigm Group Reports Fiscal 2015 Second Quarter Results and Announces Potential Financing Transactions

May 5, 2015 7:15 AM EDT

CLEVELAND, May 5, 2015 /PRNewswire/ -- TransDigm Group Incorporated (NYSE: TDG), a leading global designer, producer and supplier of highly engineered aircraft components, today reported results for the second quarter ended March 28, 2015 and announces potential financing transactions.

Highlights for the second quarter include:

Net sales of $619.0 million, up 4.8% from $590.8 million; EBITDA As Defined of $288.1 million, up 9.5% from $263.0 million; Net income of $110.9 million, up 22.7% from $90.4 million; Earnings per share of $1.96, up 31.5% from $1.49; Adjusted earnings per share of $2.11, up 12.8% from $1.87;... More