Triumph Group (TGI) Tops Q3 EPS by 1c

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Go back to Triumph Group (TGI) Tops Q3 EPS by 1c

Triumph Group Reports Third Quarter Fiscal 2016 Results

January 28, 2016 6:00 AM EST

Net sales for third quarter fiscal year 2016 were $913.9 million Adjusted operating income for the third quarter fiscal year 2016 was $115.4 million, reflecting an operating margin of 13%. Adjusted net income for the third quarter fiscal year 2016 was $68.6 million, or $1.39 per diluted share. Net loss for the third quarter fiscal year 2016 was ($88.6) million, or ($1.80) per share. Included a charge of $229.2 million pre-tax ($3.02 per diluted share) for non-cash impairment of Vought tradename Included a charge of $12.4 million pre-tax ($0.17 per diluted share) related to legal settlements... More