Triumph Group (TGI) Tops Q3 EPS by 15c; Reaffirms
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Triumph Group Reports Third Quarter Fiscal 2017 Results
February 2, 2017 6:00 AM ESTReaffirms Fiscal Year 2017 Revenue and EPS Guidance and Updates Cash Guidance
BERWYN, Pa.--(BUSINESS WIRE)-- Triumph Group, Inc. (NYSE: TGI) (Triumph or the Company) today reported financial results for its third quarter of fiscal year 2017, which ended December 31, 2016.
Third Quarter Fiscal 2017 Results
Net sales were $844.9 million. Operating income was $55.2 million; excluding transformation related costs of $28.5 million, operating income was $83.6 million, reflecting an adjusted operating margin of 10%. Net income was $29.3 million, or $0.59 per diluted share; excluding... More