Triumph Group (TGI) Misses Q3 EPS by 2c, Revenues Beat; Offers FY20 EPS/Revenue Mid-Point Guidance Below Consensus
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Triumph Group Reports Third Quarter Fiscal 2020 Results
February 6, 2020 6:00 AM ESTBERWYN, Pa., Feb. 5, 2020 /PRNewswire/ -- Triumph Group, Inc. (NYSE: TGI) ("Triumph" or the "Company") today reported financial results for its third quarter of fiscal year 2020, which ended December 31, 2019.
Third Quarter Fiscal 2020
Net sales of $704.7 million Operating income of $1.7 million with operating margin of 0.2%; adjusted operating income of $64.0 million with adjusted operating margin of 9.1% Net loss of ($13.8) million, or ($0.27) per share; adjusted net income of $35.4 million, or $0.69 per diluted share Cash flow provided by operations of $49.9 million, and free cash flow of $39.6 millionOutlook for... More
