TransDigm Group (TDG) Tops Q1 EPS by 47c, Updates Guidance

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TransDigm Group Reports Fiscal 2019 First Quarter Results

February 5, 2019 7:15 AM EST

CLEVELAND, Feb. 5, 2019 /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 December 29, 2018.

Highlights for the first quarter include:

Net sales of $993.3 million, up 17.1% from $848.0 million; Net income from continuing operations of $196.0 million, down 37.2% from $312.0 million; Earnings per share from continuing operations of $3.05, down 33.7% from $4.60; EBITDA As Defined of $486.7 million, up 21.2% from $401.5 million; Adjusted earnings per share of $3.85, down... More