TransDigm Group (TDG) Reports In-Line Q2 EPS, Revs Miss; Updates Outlook
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TransDigm Group Reports Fiscal 2017 Second Quarter Results
May 9, 2017 7:15 AM EDTCLEVELAND, May 9, 2017 /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 April 1, 2017.
Highlights for the second quarter include:
Net sales of $873.2 million, up 9.6% from $796.8 million; Net income of $155.5 million, up 9.8% from $141.7 million; Earnings per share of $2.78, up 10.3% from $2.52: EBITDA As Defined of $421.2 million, up 14.3% from $368.6 million; Adjusted earnings per share of $3.02, up 5.6% from $2.86; and Upward revision to... More