TransDigm Group (TDG) Tops Q4 EPS by 9c; Issues Light FY17 Outlook
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TransDigm Group Reports Fiscal 2016 Fourth Quarter and Year-End Results
November 14, 2016 7:15 AM ESTCLEVELAND, Nov. 14, 2016 /PRNewswire/ -- TransDigm Group Incorporated (NYSE: TDG), a leading global designer, producer and supplier of highly engineered aircraft components, today reported results for the fourth quarter and fiscal year ended September 30, 2016.
Highlights for the fourth quarter and fiscal year include:
Fourth quarter net sales of $875.2 million, up 8.1% from $809.8 million; Fourth quarter net income of $154.7 million, up 9.2% from $141.7 million; Fourth quarter earnings per share of $2.77, up 10.8% from $2.50; Fourth quarter EBITDA As Defined of $423.3 million, up 16.6% from $363.0 million; Fourth quarter adjusted earnings... More