Transdigm group reports fiscal 2024 third quarter results

Cleveland , aug. 6, 2024 /prnewswire/ -- transdigm group incorporated (nyse: tdg), a leading global designer, producer and supplier of highly engineered aircraft components, today reported results for the third quarter ended june 29, 2024. third quarter highlights include: net sales of $2,046 million, up 17% from $1,744 million in the prior year's quarter; net income of $461 million, up 31% from the prior year's quarter; earnings per share of $7.96, up 30% from the prior year's quarter; ebitda as defined of $1,091 million, up 19% from $915 million in the prior year's quarter; ebitda as defined margin of 53.3%; adjusted earnings per share of $9.00, up 24% from $7.25 in the prior year's quarter; and upward revision to fiscal 2024 financial guidance to reflect transdigm's continued strong performance as well as to include the recent acquisitions of sei industries, the cpi electron device business and raptor scientific.
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