Triumph Group (TGI) Tops Q2 EPS by 21c, Revenues Beat; Offers FY21 Revenue Guidance
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Triumph Group Reports Second Quarter Fiscal 2021 Results
November 5, 2020 6:00 AM ESTBERWYN, Pa., Nov. 5, 2020 /PRNewswire/ -- Triumph Group, Inc. (NYSE: TGI) ("Triumph" or the "Company") today reported financial results for its second quarter of fiscal year 2021, which ended September 30, 2020.
Second Quarter Fiscal 2021
Net sales of $481.8 million Operating 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 share Cash flow used in operations of ($42.2) million, and free cash use of ($47.3) million... More