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$TDG "We are raising our full year guidance primarily to reflect our strong third quarter results and current expectations for the remainder of the fiscal year, as well as to include the recent acquisitions of SEI Industries, the CPI Electron Device Business and Raptor…
Aerospace supplier TransDigm beats quarterly estimates on strong demand https://t.co/oBBmTT2CVg https://t.co/yjljdIeMkq
$TDG posted strong adj. EBITDA margins of 53.3%. This is especially impressive, in our view, considering the commercial AM was the lowest growing market segment in the quarter. The company had leaned into the core margin opportunities around automation, productivity and…
TransDigm Group Incorporated ($TDG) reported strong quarterly results, exceeding estimates due to robust demand in the aerospace sector. The company announced an adjusted EBITDA margin of 53.3%, despite challenges in the commercial aftermarket segment. Following these results, TransDigm raised its full-year adjusted earnings per share (EPS) forecast, citing strong performance in the third quarter and optimistic expectations for the remainder of the fiscal year. The updated guidance reflects recent acquisitions, including SEI Industries and the CPI Electron Device Business. In contrast, TDUP anticipates a revenue decline of 12% in the third quarter, projecting revenue between $59 million and $61 million, while maintaining gross margins between 77.5% and 79.5%.