Triumph Group (TGI) Tops Q3 EPS by 15c, Revenues Miss; Offers FY21 Revenue Mid-Point Guidance Below Consensus
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Triumph Group Reports Third Quarter Fiscal 2021 Results
February 3, 2021 6:00 AM ESTBERWYN, Pa., Feb. 3, 2021 /PRNewswire/ -- Triumph Group, Inc. (NYSE: TGI) ("Triumph" or the "Company") today reported financial results for its third quarter of fiscal year 2021, which ended December 31, 2020.
Third Quarter Fiscal 2021
Net sales of $426.0 million Operating loss of $35.0 million with operating margin of (8%); adjusted operating income of $38.1 million with adjusted operating margin of 9% Net loss of $68.1 million, or ($1.30) per share; adjusted net income of $4.9 million, or $0.09 per diluted share Cash flow provided by operations of $43.9 million; free cash flow of $37.7 million... More