Triumph Group Reports Net Income of $89.6 Million for Fiscal Year 2023
Revenue Stands at $1.38 Billion, Triumph Group Inc. Releases its Financial Results
By USInMinutes
Published - Aug 02, 2023, 02:59 PM ET
Last Updated - Aug 02, 2023, 02:59 PM EDT
Triumph Group, Inc.(TGIDW), a leading aerospace compan y, has released its consolidated financial statements for the fiscal year ending on March 31, 2023. The company reported a net income of $89.6 million for the year. The total revenue for the fiscal year stood at $1.38 billion, demonstrating the company's resilience and steady performance amid the challenging market conditions.
Triumph Group Reports Net Income of $89.6 Million for Fiscal Year 2023
Triumph Group Inc., a provider of aerospace systems and solutions, announced a net income of $89.6 million for the fiscal year ending on March 31, 2023. This marks a significant improvement from the previous year's net loss of $42.8 million.
Revenue Stands at $1.38 Billion, Triumph Group Inc. Releases its Financial Results