TGI - Triumph EPS beats by $0.04 beats on revenue; issues guidance

Triumph (NYSE:TGI): FQ1 Non-GAAP EPS of $0.09 beats by $0.04; GAAP EPS of -$0.47 misses by $0.47. Revenue of $396.7M (-19.9% Y/Y) beats by $1.01M. Full-Year Fiscal 2022 Guidance: Net sales guidance of between $1.5 billion - $1.6 billion vs. consensus of $1.60B; GAAP earnings per diluted share of between ($0.15) - $0.05; Adjusted earnings per diluted share of between $0.41 - $0.61 vs. consensus of $0.65; Cash flow used in operations of between $110.0 million - $125.0 million and free cash use of $135.0 million - $150.0 million; Cash flow expected to be positive over the remainder of fiscal 2022 Press Release

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Triumph EPS beats by $0.04, beats on revenue; issues guidance