TransDigm Group (TDG) Tops Q2 EPS by 14c, FY Guidance Tops Views at Mid-Point
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TransDigm Group Reports Fiscal 2018 Second Quarter Results and Announces Potential Financing Transactions
May 1, 2018 7:25 AM EDTCLEVELAND, May 1, 2018 /PRNewswire/ -- TransDigm Group Incorporated (NYSE: TDG), a leading global designer, producer and supplier of highly engineered aircraft components, today reported results for the second quarter ended March 31, 2018.
Highlights for the second quarter include:
Net sales of $933.1 million, up 7.4% from $868.7 million; Net income from continuing operations of $201.8 million, up 29.6% from $155.7 million; Earnings per share from continuing operations of $3.63, up 30.6% from $2.78; EBITDA As Defined of $463.1 million, up 9.8% from $421.7 million; Adjusted earnings per share of $3.79, up 25.1% from... More