Triumph Group Reports Second Quarter Fiscal 2021 Results

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Go back to Triumph Group Reports Second Quarter Fiscal 2021 Results

Triumph Group (TGI) Tops Q2 EPS by 21c, Revenues Beat; Offers FY21 Revenue Guidance

November 5, 2020 6:30 AM EST

Triumph Group (NYSE: TGI) reported Q2 EPS of ($0.08), $0.21 better than the analyst estimate of ($0.29). Revenue for the quarter came in at $481.8 million versus the consensus estimate of $470.24 million.

Second Quarter Fiscal 2021

Net sales of $481.8 millionOperating income of $7.4 million with operating margin of 2%; adjusted operating income of $21.4 million with adjusted operating margin of 4%Net loss of $33.5 million, or ($0.64) per share; adjusted net loss of $4.3 million, or ($0.08) per shareCash flow used in operations of ($42.2) million, and free cash use of ($47.3) million

Full-Year Fiscal 2021 Net Sales Guidance

Net sales... More