Triumph Group (TGI) Tops Q1 EPS by 1c

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TRIUMPH REPORTS FIRST QUARTER FISCAL 2023 RESULTS

August 3, 2022 6:00 AM EDT

UPDATES FISCAL 2023 SALES & EARNINGS GUIDANCE

BERWYN, Pa., Aug. 3, 2022 /PRNewswire/ -- Triumph Group, Inc. (NYSE: TGI) ("TRIUMPH" or the "Company") today reported financial results for its first quarter of fiscal 2023, which ended June 30, 2022.

First Quarter Fiscal 2023

Net sales of $349.4 millionOperating income of $14.7 million with operating margin of 4%; adjusted operating income of $32.6 million with adjusted operating margin of 9%Net loss of $10.3 million, or ($0.16) per share; adjusted net income of $7.5 million, or $0.12 per diluted... More