Triumph Group Q3 2022 Earnings Report
Key Takeaways
Triumph Group reported third quarter fiscal year 2022 results with net sales of $319.2 million and operating income of $28.2 million. Net income was $7.2 million, or $0.11 per diluted share. Cash flow provided by operations was $15.5 million and free cash flow was $7.2 million.
Net sales of $319.2 million
Operating income of $28.2 million with operating margin of 9%; adjusted operating income of $32.8 million with adjusted operating margin of 10%
Net income of $7.2 million, or $0.11 per diluted share; adjusted net income of $13.8 million, or $0.21 per diluted share
Cash flow provided by operations of $15.5 million; free cash flow of $7.2 million
Triumph Group
Triumph Group
Forward Guidance
The Company expects net sales for fiscal year 2022 will be approximately $1.5 billion. The Company is updating its expected GAAP fiscal year 2022 earnings per diluted share of ($0.10) to $0.00 and expects adjusted earnings per diluted share to $0.80 to $0.90. The Company expects fiscal year 2022 cash used in operations of approximately $125.0 million and free cash use of approximately $150.0 million.