UBS Upgrades Triumph Group (TGI) to Buy
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Triumph Group Reports First Quarter Fiscal 2022 Results
August 4, 2021 6:00 AM EDTBERWYN, Pa., Aug. 4, 2021 /PRNewswire/ -- Triumph Group, Inc. (NYSE: TGI) ("Triumph" or the "Company") today reported financial results for its first quarter fiscal year 2022, which ended June 30, 2021.
First Quarter Fiscal 2022
Net sales of $396.7 million Operating income of $20.8 million with operating margin of 5%; adjusted operating income of $31.3 million with adjusted operating margin of 8%Net loss of $30.4 million, or ($0.47) per share; adjusted net income of $5.9 million, or $0.09 per diluted share Cash flow used in operations of $149.5 million; free cash use of $151.6 million Strengthened balance... More
