TransDigm Group Incorporated (NYSE: TDG), a leading manufacturer and supplier of aircraft components, Thursday reported results for the fourth quarter that ended September 30, 2023.
- Fourth-quarter net sales were $1.85 billion, up 23% from $1.51 billion generated in the prior year’s quarter
- The company reported income from continuing operations of $414 million in Q4, up 56% year-over-year
- Earnings per share from continuing operations came in at $7.23, up 82% from the prior year’s quarter
- Q4 EBITDA, as defined, rose 28% annually to $963 million from $752 million in the fourth quarter of 2022
- Adjusted earnings per share came in at $8.03, up 46% from $5.50 in the comparable period of last year
- In fiscal 2024, net sales are anticipated to be in the range of $7,480 million to $7,680 million
- Full-year net income from continuing operations is expected to be in the range of $1,641 million to $1,753 million
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
After a positive year, what’s in the cards for Electronic Arts (EA) in FY25
Electronic Arts (NASDAQ: EA) ended fiscal 2024 on a mixed note, reporting lower revenues and improved bottom-line performance for the fourth quarter. The stock declined following the announcement as earnings
A look at how Disney’s (DIS) entertainment business performed in Q2 2024
Shares of the Walt Disney Company (NYSE: DIS) stayed green on Wednesday. The stock has gained 16% year-to-date. The company recorded revenue and earnings growth for the second quarter of
Uber Technologies reports wider loss for Q1 2024; revenue up 15%
Uber Technologies, Inc. (NYSE: UBER) on Wednesday reported a wider net loss for the first quarter of 2024. Revenues of the ride-sharing giant increased 15% during the three months. Net
