Transdigm group reports fiscal 2024 first quarter results

Cleveland , feb. 8, 2024 /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 30, 2023. first quarter highlights include: net sales of $1,789 million, up 28% from $1,397 million in the prior year's quarter; net income of $382 million, up 67% from the prior year's quarter; earnings per share of $4.87, up 46% from the prior year's quarter; ebitda as defined of $912 million, up 30% from $699 million in the prior year's quarter; ebitda as defined margin of 51.0%; adjusted earnings per share of $7.16, up 56% from $4.58 in the prior year's quarter; and upward revision to fiscal 2024 net sales and ebitda as defined guidance.
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