Transdigm group reports fiscal 2023 first quarter results

Cleveland , feb. 7, 2023 /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 december 31, 2022. first quarter highlights include: net sales of $1,397 million, up 17% from $1,194 million in the prior year's quarter; income from continuing operations of $229 million, up 40% from the prior year's quarter; earnings per share from continuing operations of $3.33, up 70% from the prior year's quarter; ebitda as defined of $699 million, up 24% from $565 million in the prior year's quarter; ebitda as defined margin of 50.0%; adjusted earnings per share of $4.58, up 53% from $3.00 in the prior year's quarter; and upward revision to fiscal 2023 financial guidance.
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