Triumph Group (TGI) PT Raised to $23.25 at Cowen
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Triumph Group Reports Second Quarter Fiscal 2022 Results
November 9, 2021 6:00 AM ESTBERWYN, Pa., Nov. 9, 2021 /PRNewswire/ -- Triumph Group, Inc. (NYSE: TGI) ("Triumph" or the "Company") today reported financial results for its second quarter fiscal year 2022, which ended September 30, 2021.
Second Quarter Fiscal 2022
Net sales of $357.4 million Operating income of $16.5 million with operating margin of 5%; adjusted operating income of $28.0 million with adjusted operating margin of 8% Net loss of $9.1 million, or ($0.14) per share; adjusted net income of $6.4 million, or $0.10 per diluted share Cash flow used in operations of $36.0 million; free cash use of $41.4 million... More