Triumph Group

Triumph Group, Inc. engages in the designing, engineering, manufacturing, repairing and overhauling of aerospace and defense systems, components and structures. It operates through the following three segments: Triumph Integrated Systems, Triumph Aerospace Structures and Triumph Product Support. The Triumph Integrated Systems segment engages in designing, development and supporting proprietary components, subsystems and systems, as well as production of complex assemblies using external designs. The Triumph Aerospace Structures segment engages in supplying of commercial, business, regional and military manufacturers with large metallic and composite structures and produce close-tolerance parts. The Triumph Product Support segment provides full life cycle solutions for commercial, regional and military aircraft. The company was founded by Richard C. Ill in 1993 and is headquartered in Berwyn, PA.

Earnings data Q2 2023

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Triumph Group, Inc. engages in the designing, engineering, manufacturing, repairing, and overhauling of aerospace and defense systems, components and structures. It operates through the Triumph Systems and Support and Triumph Interiors segments. The Triumph Systems and Support segment designs, develops, and supports proprietary components, subsystems, and systems, produces complex assemblies using external designs, and provides full life cycle solutions for commercial, regional, and military aircraft. The Triumph Interiors segment supplies commercial and regional manufacturers with aircraft interior systems, including air ducting and thermal acoustic insulation systems. The company was founded by Richard C. Ill in 1993 and is headquartered in Radnor, PA.

RADNOR, Pa. , Sept. 11, 2023 /PRNewswire/ -- Triumph Group, Inc. ("TRIUMPH" or the "Company") (NYSE:TGI) will host its Investor Day on Wednesday, September 13, 2023.

REMINDER: TRIUMPH TO HOST INVESTOR DAY ON SEPTEMBER 13, 2023

Triumph Group (TGI) reported earnings 30 days ago. What's next for the stock?

Why Is Triumph Group (TGI) Up 3% Since Last Earnings Report?

RADNOR, Pa , Aug. 16, 2023 /PRNewswire/ -- Triumph Group, Inc. ("TRIUMPH" or the "Company") (NYSE:TGI) announced today that it will host an Investor Day on Wednesday, September 13, 2023, at Convene at One Liberty Plaza in New York, NY.       During the Investor Day, TRIUMPH's management team will present the company's long-term targets and growth opportunities.

TRIUMPH TO HOST INVESTOR DAY ON SEPTEMBER 13, 2023

Triumph Group's (TGI) fiscal Q1 net sales beat the Zacks Consensus Estimate by 0.9%. However, the top line declines 6.4% from $349.4 million in the year-ago quarter.

Triumph Group (TGI) Beats Q1 Sales Estimates, Reports Loss

Triumph Group, Inc. (NYSE:TGI ) Q1 2024 Earnings Conference Call August 2, 2023 8:30 AM ET Company Participants Thomas Quigley - Vice President, Investor Relations and Controller Daniel Crowley - Chairman, President and Chief Executive Officer James McCabe - Senior Vice President and Chief Financial Officer Conference Call Participants Sheila Kahyaoglu - Jefferies Peter Arment - Robert W. Baird & Co. David Strauss - Barclays Bank Myles Walton - Wolfe Research Michael Ciarmoli - Truist Securities Cai Rumohr - TD Cowen Andre Madrid - Bank of America Noah Poponak - Goldman Sachs Operator Welcome to Triumph Group's First Quarter Fiscal Year 2024 Results Conference Call.

Triumph Group, Inc. (TGI) Q1 2024 Earnings Call Transcript

The headline numbers for Triumph Group (TGI) give insight into how the company performed in the quarter ended June 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Here's What Key Metrics Tell Us About Triumph Group (TGI) Q1 Earnings

Triumph Group (TGI) came out with a quarterly loss of $0.10 per share versus the Zacks Consensus Estimate of a loss of $0.05. This compares to earnings of $0.12 per share a year ago.

Triumph Group (TGI) Reports Q1 Loss, Tops Revenue Estimates

RADNOR, Pa. , Aug. 2, 2023 /PRNewswire/ -- Triumph Group, Inc. (NYSE: TGI) ("TRIUMPH" or the "Company") today reported  preliminary financial results for its first quarter of fiscal 2024, which ended June 30, 2023.

TRIUMPH REPORTS PRELIMINARY FIRST QUARTER FISCAL 2024 RESULTS

Live Webcast scheduled for 8:30 AM ET on August 2, 2023 RADNOR, Pa. , July 12, 2023 /PRNewswire/ -- Triumph Group, Inc. (NYSE: TGI) will release first quarter fiscal year 2024 earnings on August 2, 2023, and will host a conference call that day at 8:30 a.m.

TRIUMPH to Webcast First Quarter Fiscal Year 2024 Earnings Conference Call

STRENGTHENED BALANCE SHEET AND REDUCED LEVERAGE WITH APPROXIMATELY $100 MILLION OF  PROCEEDS FROM WARRANT EXERCISE RADNOR, Pa. , July 10, 2023 /PRNewswire/ -- Triumph Group, Inc. ("TRIUMPH" or the "Company") (NYSE:TGI) today announced the completion of the redemption of all of its outstanding warrants (CUSIP 896818 119) (the "Warrants") to purchase shares of the Company's common stock and the final exercise amounts of Warrants.

TRIUMPH COMPLETES REDEMPTION OF WARRANTS AND ANNOUNCES FINAL EXERCISE AMOUNTS

Triumph Group plans to double its EBITDA from FY22 to FY25, driven by increased volumes, improved contract pricing, and the exit of loss-making programs. The Systems and Support segment is expected to grow, fueled by the recovery of commercial travel, while the Commercial Aero backlog provides visibility for near-term growth. TGI stock deserves to trade at a premium to peers, given it is expected to grow much faster than peers.

Triumph Group: Upside Catalyst Expected From Achieving FY25 Target

PARIS , June 21, 2023 /PRNewswire/ -- Triumph Group, Inc., (TRIUMPH) [NYSE:TGI] today announced that its Actuation Products & Services business has entered into a Memorandum of Understanding (MOU) with Stirling Dynamics outlining their intent to collaborate on advancing opportunities in the electro-mechanical actuation market. The collaboration will include TRIUMPH's extensive design and manufacturing capabilities while utilizing Stirling Dynamics' state-of-the-art software and electrical engineering expertise.

TRIUMPH AND STIRLING DYNAMICS ENTER INTO MEMORANDUM OF UNDERSTANDING

PARIS , June 20, 2023 /PRNewswire/ -- Triumph Group, Inc. (TRIUMPH) (NYSE: TGI) announced that its Actuation Products & Services business has been awarded a grant from Innovate UK for the advances in the Landing for A New Decade One (LANDOne) program. In support of industry trends towards a more electric aircraft, TRIUMPH will develop key enabling technologies for the next generation of electro-mechanical actuation for commercial aircraft landing gear applications.

TRIUMPH AWARDED LANDING GEAR DEVELOPMENT PROGRAM FROM INNOVATE UK

PARIS , June 20, 2023 /PRNewswire/ -- Triumph Group, Inc., (TRIUMPH) (NYSE: TGI) today announced its Geared Solutions business has been selected by Piasecki Aircraft Corporation (PiAC) to design and build a prototype main transmission for PiAC's hydrogen powered PA-890 eVTOL compound helicopter. This project will begin this summer at TRIUMPH Geared Solutions in Park City, UT.

TRIUMPH SELECTED TO DESIGN AND BUILD MAIN TRANSMISSION PROTOTYPE FOR PIASECKI AIRCRAFT PA-890 HYDROGEN-POWERED EVTOL

PARIS , June 19, 2023 /PRNewswire/ -- Triumph Group, Inc. (TRIUMPH) [NYSE:TGI] today announced its Systems Electronics and Controls business in West Hartford, Connecticut has been awarded a multi-year contract from The Boeing Company on the AH-64 Apache Environmental Cooling System (ECS). The Environmental Control System (ECS) is comprised of multiple components and provides conditioned heating and cooling air for the Apache AH-64 crew stations and cooling air to the Extended Forward Avionics Bays (EFBs).

TRIUMPH AWARDED CONTRACT ON ENVIRONMENTAL COOLING SYSTEM FOR APACHE

Why Is Triumph Group (TGI) Down 0.1% Since Last Earnings Report?

WARRANTS MAY BE EXERCISED WITH CASH UNTIL 5:00 P.M. EDT ON JULY 5, 2023 RADNOR, Pa.

TRIUMPH ISSUES REDEMPTION NOTICE TO WARRANT HOLDERS

Triumph Group, Inc. is seeing promising margin expansion and industry forecasts for airplane production. This might be a stock you regret buying years from now. Current projections for Triumph Group stock, however, don't justify a buy due to its debt load.

Triumph Group: Bright Aerospace Prospects, Little Value Upside For The Stock

RADNOR, Pa. , June 7, 2023 /PRNewswire/ -- Triumph Group, Inc. ("TRIUMPH" or the "Company") (NYSE:TGI) today announced that, pursuant to the terms of the warrants ("Warrants") it previously issued, the Company intends to issue a notice of redemption to all Warrant holders on or about June 16, 2023.

TRIUMPH ANNOUNCES NOTICE TO WARRANT HOLDERS OF INTENDED REDEMPTION

RADNOR, Pa. , June 7, 2023 /PRNewswire/ -- Triumph Group, Inc. (TRIUMPH) [NYSE:TGI] is pleased to announce that its Product Support facility in Wellington, Kansas has been awarded the 2022 Most Improved Supplier from Collins Aerospace Power & Controls.

TRIUMPH AWARDED MOST IMPROVED SUPPLIER OF THE YEAR

NEW DELHI & SEATTLE--(BUSINESS WIRE)--Triumph Group, the world's leading intimate apparel company, has signed a two-year partnership with ZS, a global management consulting and technology firm, to design and deliver personalized interventions for customer engagement by deploying Personalize.AI, ZS's state-of-the-art, artificial-intelligence-driven, software-as-a-service product. Through this partnership, Triumph is harnessing the power of AI-enabled technologies to increase customer engagement.

Triumph Group Partners with ZS to Deliver Personalized Customer Experience via State-of-the-Art SaaS Product, Personalize.AI

RADNOR, Pa., May 30, 2023 /PRNewswire/ -- Triumph Group, Inc. (NYSE: TGI) ("TRIUMPH" or the "Company") today announced the following changes to its Board of Directors as part of the Board's ongoing refreshment program: Patrick E.

TRIUMPH ADVANCES BOARD REFRESHMENT

RADNOR, Pa. , May 23, 2023 /PRNewswire/ -- Triumph Group, Inc., (TRIUMPH) [NYSE:TGI] today announced that its Geared Solutions business has been awarded a long term agreement from General Electric (GE) on the Inlet Gearboxes (IGB) for LEAP-1A, LEAP-1B and LEAP-1C programs.

TRIUMPH AWARDED LONG TERM LEAP CONTRACT WITH GENERAL ELECTRIC

The engineering company unveiled its final set of quarterly earnings for its fiscal 2023. They trounced analyst expectations for both revenue and profitability.

Why Triumph Group Stock Triumphed This Week

Triumph Group's (TGI) fiscal Q4 net sales beat the Zacks Consensus Estimate by 13.3%. The top line also improves 1.7% from $386.7 million in the year-ago quarter.

News for Triumph Group Stock (TGI)