TransDigm Group Reports Fiscal 2021 Second Quarter Results
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CLEVELAND, May 11, 2021 /PRNewswire/ TransDigm Group Incorporated (NYSE: TDG), a leading global designer, producer and supplier of highly engineered aircraft components, today reported results for the second quarter ended April 3, 2021, which were significantly impacted by the COVID-19 pandemic.
Second quarter highlights include:
Net sales of $1,194 million, down 17.3% from $1,443 million in the prior year s quarter;
Income from continuing operations of $105 million;
Earnings per share from continuing operations of $1.79;
EBITDA As Defined margin of 43.5%, representing sequential improvement;
EBITDA As Defined of $519 million;
Adjusted earnings per share of $2.58; and