TransDigm Group (TDG) Tops Q3 EPS by 27c; Boosts FY16 EPS Outlook
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TransDigm Group Reports Fiscal 2016 Third Quarter Results
August 9, 2016 7:15 AM EDTCLEVELAND, Aug. 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 third quarter ended July 2, 2016.
Highlights for the third quarter include:
Net sales of $797.7 million, up 15.4% from $691.4 million; Net income of $140.6 million, up 41.9% from $99.1 million; Earnings per share of $2.52, up 44.0% from $1.75; EBITDA As Defined of $383.9 million, up 22.7% from $312.9 million; Adjusted earnings per share of $3.09, up 36.7% from $2.26; and Upward revision to fiscal... More