Triumph Group Q4 2022 Earnings Report
Key Takeaways
Triumph Group reported Q4 net sales of $386.7 million, operating income of $38.8 million, and a net loss of $10.6 million, or ($0.16) per share. Cash flow provided by operations was $33.0 million, and free cash flow was $29.1 million.
Net sales of $386.7 million
Operating income of $38.8 million with operating margin of 10%; adjusted operating income of $43.0 million with adjusted operating margin of 11%
Net loss of $10.6 million, or ($0.16) per share; adjusted net income of $25.6 million, or $0.39 per diluted share
Cash flow provided by operations of $33.0 million; free cash flow of $29.1 million
Triumph Group
Triumph Group
Forward Guidance
The Company expects net sales for fiscal 2023 will be approximately $1.2 billion to $1.3 billion. The Company expects GAAP fiscal 2023 earnings per diluted share of $0.40 to $0.60. The Company expects fiscal 2023 cash used in operations of ($30.0) million to ($40.0) million, including core cash flow from operations of approximately $30.0 million to $45.0 million and core free cash flow of approximately break-even to $15.0 million.