TransDigm Group (TDG) Tops Q1 EPS by 29c, Revenues Beat; Offers FY20 EPS/Revenue Outlook
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TransDigm Group Reports Fiscal 2020 First Quarter Results
February 4, 2020 7:15 AM ESTCLEVELAND, Feb. 4, 2020 /PRNewswire/ -- TransDigm Group Incorporated (NYSE: TDG), a leading global designer, producer and supplier of highly engineered aircraft components, today reported results for the first quarter ended December 28, 2019.
First quarter highlights include:
Net sales of $1,465 million, up 47.5% from $993 million; Net income from continuing operations of $233 million, up 18.9% from $196 million; Earnings per share from continuing operations of $0.83, down 72.8% from $3.05; EBITDA As Defined of $681 million, up 39.8% from $487 million; Adjusted earnings per share of $4.93, up 28.1% from $3.85; and Reaffirmation of our... More