Transdigm Q1 2022 Earnings Report
Key Takeaways
TransDigm Group reported an 8% increase in net sales to $1,194 million, a 226% increase in income from continuing operations to $163 million, and a 52% increase in adjusted earnings per share to $3.00. The company's EBITDA As Defined was $565 million, up 19% from the prior year's quarter, with a margin of 47.3%.
Net sales increased by 8% to $1,194 million compared to the prior year's quarter.
Income from continuing operations rose by 226% to $163 million compared to the prior year's quarter.
Adjusted earnings per share increased by 52% to $3.00 compared to the prior year's quarter.
EBITDA As Defined increased by 19% to $565 million compared to the prior year's quarter, with a margin of 47.3%.
Transdigm
Transdigm
Forward Guidance
The Company's full fiscal 2022 guidance remains suspended at this time as a result of the continued disruption in our primary commercial end markets.