Categories Earnings, Industrials

Earnings Summary: Highlights of TransDigm’s Q3 2023 results

Defense technology company TransDigm Group Incorporated (NYSE: TDG) reported an increase in earnings and sales for the third quarter of 2023.

  • Third-quarter net sales came in at $1.74 billion, up 25% from $1.39 billion reported in the prior-year quarter
  • Earnings per share from continuing operations increased 50% from last year to $6.14 in Q3
  • Net income from continuing operations climbed 47% year-over-year to $352 million
  • Adjusted earnings per share was $7.25 in the latest quarter, up 49% from $4.85 recorded in the third quarter of 2022
  • Q3 EBITDA totaled $915 million, up 31% from $696 million in the prior year’s quarter
  • The company also reaffirmed fiscal-2023 financial guidance to reflect its continued strong performance

_________________________________________________________________________________________________________________

Stocks you may like:

Apple (AAPL) Stock

Microsoft (MSFT) Stock

Alphabet (GOOGL) Stock

International Business Machines Corp. (IBM) Stock

_________________________________________________________________________________________________________________

Most Popular

CVX Earnings: Chevron reports lower revenue and profit for Q3 2024

Energy exploration company Chevron Corporation (NYSE: CVX) on Friday announced third-quarter 2024 financial results, reporting a decline in net profit and revenues. Net income attributable to Chevron Corporation dropped to

Key highlights from Exxon Mobil Corporation’s (XOM) Q3 2024 earnings results

Exxon Mobil Corporation (NYSE: XOM) reported its third quarter 2024 earnings results today. Total revenues and other income remained relatively flat at $90 billion compared to the same period a

AAPL Earnings: Apple Q4 2024 sales rise 6% YoY, beat estimates

Apple Inc. (NASDAQ: AAPL) reported an increase in revenues for the fourth quarter of 2024. The top line came in above estimates. The gadget giant generated revenues of $94.9 billion

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top