Aerospace supplier TransDigm reports stronger-than-expected quarterly results, driven by 23% year-over-year sales growth.
TransDigm Group posted second-quarter non-GAAP earnings per share of $10.87, exceeding estimates by $0.54, as revenue reached $2.74 billion, $70 million above forecasts. The company’s net sales surged 23% year-over-year to $2,741 million, up $504 million from $2,237 million in the same period last year.
Organic sales growth contributed to the quarterly performance, outpacing consensus expectations. The results reflect continued demand in the aerospace sector, though the release did not detail specific segment drivers.
Shares showed limited immediate reaction in after-hours trading, with investors awaiting further guidance on full-year outlook.