TransDigm Group (TDG) Tops Q2 EPS by 33c, Revenues Beat; Raises FY19 EPS/Revenue Views Above Consensus, Boosts FY19 Adj. EBITDA Outlook

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Go back to TransDigm Group (TDG) Tops Q2 EPS by 33c, Revenues Beat; Raises FY19 EPS/Revenue Views Above Consensus, Boosts FY19 Adj. EBITDA Outlook

TransDigm Group Reports Fiscal 2019 Second Quarter Results

May 7, 2019 7:15 AM EDT

CLEVELAND, May 7, 2019 /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 March 30, 2019.

Highlights for the second quarter include:

Net sales of $1,195.9 million, up 28.2% from $933.1 million; Net income from continuing operations of $202.4 million, up 0.3% from $201.8 million; Earnings per share from continuing operations of $3.60, down 0.8% from $3.63; EBITDA As Defined of $571.8 million, up 23.5% from $463.1 million; Adjusted earnings per share of $4.21, up 11.1% from $3.79;... More