TRIUMPH UPDATES FINANCIAL GUIDANCE FOR FULL YEAR FISCAL 2024
Triumph Group, Inc. (TGI)
Last triumph group, inc. earnings: 2/6 06:00 am
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US:NYSE Investor Relations:
ir.triumphgroup.com/investor-overview
Company Research
Source: PR Newswire
RADNOR, Pa. , March 8, 2024 /PRNewswire/ -- Triumph Group, Inc. (NYSE: TGI) ("TRIUMPH" or the "Company") announced today that it has updated its financial guidance for its full year fiscal 2024, which ends March 31, 2024, in conjunction with the recent closing on the sale of its former Product Support business and the related expected paydowns of its debt.The updated cash guidance includes the cash flows from the Product Support business through February 29, 2024, as well as reflects certain cash outflows related to the transaction, including transaction fees and taxes, the timing of interest and accelerated employee related obligations of the divested operations, which are expected to be paid in March 2024, along with modest working capital timing impacts on the continuing operations.Full Year Fiscal 2024 GuidanceReaffirming net sales of $1.17 billion to $1.20 billionReaffirming operating income of $100.0 million to $110.0 millionReaffirming adjusted EBITDAP of $157.0 million to $167
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TGI
Earnings
- 2/7/24 - Miss
TGI
Sec Filings
- 3/8/24 - Form 8-K
- 3/7/24 - Form 8-K
- 3/4/24 - Form 8-K/A
- TGI's page on the SEC website