Transdigm group reports fiscal 2022 first quarter results

Cleveland, feb. 8, 2022 /prnewswire/ -- transdigm group incorporated (nyse: tdg), a leading global designer, producer and supplier of highly engineered aircraft components, today reported results for the first quarter ended january 1, 2022. first quarter highlights include: net sales of $1,194 million, up 8% from $1,108 million in the prior year's quarter; income from continuing operations of $163 million, up 226% from $50 million in the prior year's quarter; earnings per share from continuing operations of $1.96, up from a loss per share from continuing operations of $(0.42) in the prior year's quarter; ebitda as defined of $565 million, up 19% from $474 million in the prior year's quarter; ebitda as defined margin of 47.3%, up 450 basis points from the prior year's quarter; adjusted earnings per share of $3.00, up 52% from $1.97 in the prior year's quarter; and strong operating cash flow generation of $279 million.
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