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Stock impact report

Triumph Group Reports First Quarter Fiscal 2020 Results

Triumph Group, Inc. (TGI) 
Last triumph group, inc. earnings: 2/6 06:00 am Check Earnings Report
US:NYSE Investor Relations: ir.triumphgroup.com/investor-overview
Company Research Source: PR Newswire
BERWYN, Pa., July 31, 2019 /PRNewswire/ -- Triumph Group, Inc. (NYSE: TGI) ("Triumph" or the "Company") today reported financial results for its first quarter of fiscal year 2020, which ended June 30, 2019.First Quarter Fiscal 2020 Net sales of $730.2 million Operating income of $35.5 million with operating margin of 5%; adjusted operating income of $41.6 million with adjusted operating margin of 6% Net income of $18.1 million, or $0.36 per share; adjusted net income of $22.9 million, or $0.46 per diluted share Cash flow from operations of $5.0 million, and free cash flow use was ($3.1) million Outlook for Fiscal 2020 Net sales guidance of between $2.8 to $2.9 billion GAAP and adjusted earnings per diluted share of between $2.35 to $2.95 Free cash flow of between $0 to $50.0 million "Triumph Group had a strong start to our fiscal 2020," stated Daniel J. Crowley, Triumph's president and chief executive officer. "During our fiscal first quarter, all three of our business segments delive Show less Read more
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