Transdigm group reports fiscal 2023 second quarter results

Cleveland , may 9, 2023 /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 1, 2023. second quarter highlights include: net sales of $1,592 million, up 20% from $1,327 million in the prior year's quarter; income from continuing operations of $304 million, up 53% from the prior year's quarter; earnings per share from continuing operations of $5.32, up 57% from the prior year's quarter; ebitda as defined of $817 million, up 29% from $633 million in the prior year's quarter; ebitda as defined margin of 51.3%; adjusted earnings per share of $5.98, up 55% from $3.86 in the prior year's quarter; and upward revision to fiscal 2023 financial guidance to reflect the continued strong performance of the company as well as to include the acquisition of calspan corporation.
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