TGI - Triumph stock down ~9% after Q4 results no guidance provided for FY22

Triumph ([[TGI]] -8.9%) slips after Q4 results, despite beating the estimates, with revenue of $466.8M a decrease of 32.7% Y/Y; and net loss of $73.52M, compared to $75.12M a year ago.Revenue by segments: Systems & Support $301.82M (-14.3% Y/Y); and Aerospace Structures $165.31M (-52.1% Y/Y).Q4 adjusted operating income of $32.9M (-16.4% Y/Y) with adjusted operating margin of 7% up by 140 bps.Q4 Adjusted EBITDAP decreases by 30.7% Y/Y to $29.44M; and margin expanded by 20 bps to 6.3%.Cash flow provided by operations of $22.8M; free cash flow of $16.6M.Company’s profitability on an adjusted basis improved sequentially in the quarter, showing measurable recovery towards pre-COVID levels across both business units.Backlog was $1.9B, down compared to the prior year period and on a sequential basis due to divestitures, sunsetting programs and recent production rate reductions.Company did not provide financial guidance for its fiscal year ending March 31, 2022 at this time.Previously: Triumph EPS beats by

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Triumph stock down ~9% after Q4 results, no guidance provided for FY22