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Apr 03, 2021
Transdigm Q2 2021 Earnings Report
Second quarter results were significantly impacted by the COVID-19 pandemic.
Key Takeaways
TransDigm Group reported a decrease in net sales by 17.3% to $1,194 million, income from continuing operations decreased to $105 million, and adjusted earnings per share decreased to $2.58.
Net sales decreased by 17.3% to $1,194 million compared to the prior year's quarter.
Income from continuing operations was $105 million.
Adjusted earnings per share were $2.58.
Positive operating cash flow generation of $98 million.
Transdigm
Transdigm
Forward Guidance
Fiscal 2021 financial guidance remains suspended at this time.