Transdigm Group (TDG) Misses Q1 EPS by 5c

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TransDigm Group Reports Fiscal 2016 First Quarter Results

February 9, 2016 7:16 AM EST

CLEVELAND, Feb. 9, 2016 /PRNewswire/ -- TransDigm Group Incorporated (NYSE: TDG), a leading global designer, producer and supplier of highly engineered aircraft components, today reported results for the first quarter ended January 2, 2016.

Highlights for the first quarter include:

Net sales of $701.7 million, up 19.6% from $586.9 million; EBITDA As Defined of $319.4 million, up 18.4% from $269.7 million; Net income of $114.9 million, up 20.3% from $95.5 million; Earnings per share of $1.97, up 20.9% from $1.63; Adjusted earnings per share of $2.27, up 26.1% from $1.80; and Upward revision to fiscal... More