Transdigm group reports fiscal 2022 second quarter results

Cleveland , may 10, 2022 /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 2, 2022. second quarter highlights include: net sales of $1,327 million, up 11% from $1,194 million in the prior year's quarter; income from continuing operations of $199 million, up 90% from $105 million in the prior year's quarter; earnings per share from continuing operations of $3.38, up 89% from $1.79 in the prior year's quarter; ebitda as defined of $633 million, up 22% from $519 million in the prior year's quarter; ebitda as defined margin of 47.7%, up 420 basis points from the prior year's quarter; adjusted earnings per share of $3.86, up 50% from $2.58 in the prior year's quarter; and repurchase of $667 million of company stock during the quarter, equating to approximately 1.0 million shares.
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