Transdigm group reports fiscal 2021 second quarter results

Cleveland, may 11, 2021 /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 3, 2021, which were significantly impacted by the covid-19 pandemic. second quarter highlights include: net sales of $1,194 million, down 17.3% from $1,443 million in the prior year's quarter; income from continuing operations of $105 million; earnings per share from continuing operations of $1.79; ebitda as defined margin of 43.5%, representing sequential improvement; ebitda as defined of $519 million; adjusted earnings per share of $2.58; and positive operating cash flow generation of $98 million.
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