PR Newswire
NEW YORK, March 21, 2025 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm in the 2024 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating:
Enterprise Bancorp, Inc. (NASDAQ: EBTC), relating to the proposed merger with Independent Bank Corp. Under the terms of the agreement, shareholders of Enterprise will receive 0.60 shares of Independent, and $2.00 in cash, per share held.
NEW YORK, Feb. 25, 2025 /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
Triumph Group, Inc. (NYSE: TGI)'s sale to affiliates of Warburg Pincus and Berkshire Partners for $26.00 per share in cash. If you are a Triumph shareholder, click here to learn more about your rights and options.
RADNOR, Pa., Feb. 24, 2025 /PRNewswire/ -- Triumph Group, Inc., (TRIUMPH) [NYSE:TGI] Systems, Electronics and Controls announced today it has extended its agreement as a strategic supplier to BAE Systems and the US Army in support of the M777 Lightweight Howitzer platform supplying critical spare Primer Feed Mechanism components. Since 2022, TRIUMPH has shipped 2,365 units and have 938 units on order including the more recent award of an additional 525 units.
"Our continuing partnership affirms TRIUMPH's commitment to delivering battle-proven solutions that enhance the performance and reliability of critical defense systems. Continuing our support for the Howitzer artillery platform, we remain dedicated to providing precision-engineered components that meet the highest standards of quality and durability for the warfighter," said Justin Wolfanger, President, TRIUMPH Systems, Electronics and Controls.
MILWAUKEE, Feb. 24, 2025 /PRNewswire/ -- The Ademi Firm is investigating TRIUMPH (NYSE: TGI) for possible breaches of fiduciary duty and other violations of law in its transaction with Warburg Pincus and Berkshire Partners.
Click here to learn how to join our investigation and obtain additional information or contact us at gademi@ademilaw.com or toll-free: 866-264-3995. There is no cost or obligation to you.
RADNOR, Pa. , Feb. 6, 2025 /PRNewswire/ -- Triumph Group, Inc. (NYSE: TGI) ("TRIUMPH" or the "Company") today reported financial results for its third quarter of fiscal 2025, which ended December 31, 2024.
Third Quarter Fiscal 2025
Net sales of $315.6 million; sales growth of 11%Operating income of $39.3 million with operating margin of 12%; adjusted operating income of $45.7 million with adjusted operating margin of 14%Income from continuing operations of $14.6 million, or $0.19 per diluted share; adjusted income from continuing operations of $21.0 million, or $0.27 per shareAdjusted EBITDAP of $55.5 million with Adjusted EBITDAP margin of 18%Cash flow from operations of $33.1 million and free cash flow of $32.3 millionNEW YORK, Feb. 3, 2025 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm by ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Triumph Group, Inc. (NYSE: TGI), relating to the proposed merger with Warburg Pincus and Berkshire Partners. Under the terms of the agreement, shareholders of Triumph will receive $26.00 per share in cash.
TRIUMPH Shareholders to Receive $26.00 in Cash Per Share
RADNOR, Pa. and NEW YORK and BOSTON, Feb. 3, 2025 /PRNewswire/ -- Triumph Group, Inc. (NYSE: TGI) ("TRIUMPH" or the "Company") today announced that it has entered into a definitive agreement under which affiliates of growth-focused private equity firms Warburg Pincus and Berkshire Partners will acquire TRIUMPH through a newly formed entity for a total enterprise value of approximately $3 billion. Upon completion of the transaction, TRIUMPH will become a privately held Company, jointly controlled by Warburg Pincus and Berkshire Partners.
Live Webcast scheduled for 8:30 AM ET on February 10, 2025
RADNOR, Pa., Jan. 27, 2025 /PRNewswire/ -- Triumph Group, Inc. (NYSE: TGI) will release third quarter fiscal year 2025 earnings on February 10, 2025, and will host a conference call that day at 8:30 a.m. ET. A slide presentation will be included with the audio portion of the webcast.
What:
TRIUMPH Third Quarter Fiscal Year 2025 Earnings Conference Call
When:
8:30 a.m. ET on Monday, February 10, 2025
Where:
http://www.triumphgroup.com
How:
Go to the web site at least fifteen minutes early to register, download, and install any necessary audio software.
Archive:
For those who cannot listen to the live broadcast, a replay will be available two hours after the call and will remain available for 90 days.
RADNOR, Pa., Jan. 24, 2025 /PRNewswire/ -- Triumph Group, Inc. (TRIUMPH) [NYSE: TGI] Actuation Products and Services business delivered over $28M in aftermarket shipments in its Fiscal Year to date in support of Boeing 787 and Airbus A380 Landing Gear overhaul activity, the highest level achieved to date. TRIUMPH designed, provides, and services the entire landing gear hydraulic actuation suite for both the B787 and A380 aircraft. TRIUMPH's Boeing 787 landing gear system includes nose wheel steering, extend and retract actuation, truss bracing, truck positioning, uplocks, door actuation, control valves and a ground service panel.
RADNOR, Pa., Nov. 12, 2024 /PRNewswire/ -- Triumph Group, Inc. (NYSE: TGI) ("TRIUMPH" or the "Company") today reported financial results for its second quarter of fiscal 2025, which ended September 30, 2024.
Second Quarter Fiscal 2025
Net sales of $287.5 million; sales growth of 1%Operating income of $32.4 million with operating margin of 11%; adjusted operating income of $36.0 million with adjusted operating margin of 13%Net income from continuing operations of $11.9 million, or $0.15 per diluted share; adjusted net income from continuing operations of $15.4 million, or $0.20 per shareAdjusted EBITDAP of $42.6 million with Adjusted EBITDAP margin of 15%Cash used in operations of ($38.4) million and free cash use of ($44.7) million. Cash and available liquidity was $148 million at September 30th.RADNOR, Pa., Nov. 3, 2024 /PRNewswire/ -- Triumph Group, Inc. (NYSE: TGI) ("TRIUMPH" or the "Company") today announced that, as a result of a recent and favorable settlement with Boeing Commercial Airplanes related to pricing on its Interiors contracts, TRIUMPH will delay the issuance of its second quarter of fiscal 2025 results and investor conference call previously scheduled for Monday, November 4, 2024 to Tuesday, November 12, 2024 at 8:30 a.m. ET, as additional time is required to finalize the accounting for this Interiors contract. Based on this agreement, TRIUMPH expects to update its fiscal year 2025 guidance.
Live Webcast scheduled for 8:30 AM ET on November 4, 2024
RADNOR, Pa., Oct. 21, 2024 /PRNewswire/ -- Triumph Group, Inc. (NYSE: TGI) will release second quarter fiscal year 2025 earnings on November 4, 2024, and will host a conference call that day at 8:30 a.m. ET. A slide presentation will be included with the audio portion of the webcast.
What:
TRIUMPH Second Quarter Fiscal Year 2025 Earnings Conference Call
When:
8:30 a.m. ET on Monday, November 4, 2024
Where:
http://www.triumphgroup.com
How:
Go to the web site at least fifteen minutes early to register, download, and install any necessary audio software.
Archive:
For those who cannot listen to the live broadcast, a replay will be available two hours after the call and will remain available for 90 days.
RADNOR, Pa., Aug. 20, 2024 /PRNewswire/ -- Triumph Group, Inc. (TRIUMPH) [NYSE:TGI] today announced that Mark C. Cherry was elected to the Board of Directors as an independent director at its Annual Meeting of Stockholders on August 8, 2024.
Mr. Cherry currently serves as Chief Executive Officer of Align Precision Group, a manufacturer of precision-milled structural components for the Aerospace, Defense, and Semi-Conductor industries. Mr. Cherry previously worked at Boeing, serving as Vice President and General Manager of Vertical Lift from April 2021 to December 2022 and Vice President and General Manager of Phantom Works from November 2017 to April 2021. From September 2012 to November 2017, he was President and Chief Operating Officer at Aurora Flight Sciences. He previously held leadership roles at Sikorsky Aircraft, Teradyne, and the Boston Consulting Group. Mr. Cherry received a Bachelor of Science in Engineering Mechanics from the United States Air Force Academy, a Master of Science in Aeronautical and Systems Engineering from the Air Force Institute of Technology, and a Master of Business Administration from Stanford University.
Live Webcast scheduled for 8:30 AM ET on August 7, 2024
RADNOR, Pa., July 23, 2024 /PRNewswire/ -- Triumph Group, Inc. (NYSE: TGI) will release first quarter fiscal year 2025 earnings on August 7, 2024, and will host a conference call that day at 8:30 a.m. ET. A slide presentation will be included with the audio portion of the webcast.
What:
TRIUMPH First Quarter Fiscal Year 2025 Earnings Conference Call
When:
8:30 a.m. ET on Wednesday, August 7, 2024
Where:
http://www.triumphgroup.com
How:
Go to the web site at least fifteen minutes early to register, download, and install any necessary audio software.
Archive:
For those who cannot listen to the live broadcast, a replay will be available two hours after the call and will remain available for 90 days.
RADNOR, Pa., July 19, 2024 /PRNewswire/ -- Triumph Group, Inc., (TRIUMPH) [NYSE:TGI] recently selected Mike Boland, formerly President, Actuation Products and Services (APS), to fill a newly created Chief Operating Officer with responsibility for Operations, Quality, Execution Assurance, and the TRIUMPH Operating System. Mike also assumes responsibility for the Supply Chain function formerly led by Craig Cooper. Natasha Trudeau, previously General Manager, TRIUMPH APS at Yakima, Washington assumed the role of President, Actuation Products and Services as Mike transitioned to the COO new role.
RADNOR, Pa., July 17, 2024 /PRNewswire/ -- Triumph Group, Inc., (TRIUMPH) [NYSE:TGI] today announced its Geared Solutions business has been awarded a contract to provide the Auxiliary Gearbox from GE Aerospace for the F404 afterburning turbofan engine with potential future use on multiple applications, including the T7-A, T-50, and TAI Hurjet platforms. TRIUMPH is a long-standing engineering and manufacturing partner with GE on military and commercial gearbox applications. This work will be performed at TRIUMPH's facility in Macomb, Michigan.
Moody's Ratings upgrades to B3S&P Global Ratings upgrades to B-
RADNOR, Pa., July 1, 2024 /PRNewswire/ -- Triumph Group, Inc. (NYSE: TGI) ("TRIUMPH" or the "Company") is pleased to share that both Moody's Ratings (Moody's) and S&P Global Ratings (S&P) have upgraded the Company's credit ratings.
Moody's upgraded TRIUMPH's corporate family rating to B3 from Caa1 on June 28th citing materially reduced leverage from paying off the 2025 notes in their entirety and a portion of the 2028 notes. S&P upgraded TRIUMPH's issuer credit rating to B- from CCC+ on June 6th referencing lower debt and favorable market conditions. Both credit agencies rate TRIUMPH with a stable outlook.
PROVIDES FISCAL YEAR 2025 GUIDANCE
RADNOR, Pa., May 23, 2024 /PRNewswire/ -- Triumph Group, Inc. (NYSE: TGI) ("TRIUMPH" or the "Company") today reported financial results for its fourth quarter and fiscal 2024, which ended March 31, 2024.
Fourth Quarter Fiscal 2024
Net sales of $358.6 million; organic sales growth of 11%Operating income of $44.8 million with operating margin of 12.5%; adjusted operating income of $55.8 million with adjusted operating margin of 15.6%Net income from continuing operations of $5.5 million, or $0.07 per diluted share; adjusted net income from continuing operations of $23.3 million, or $0.31 per diluted shareAdjusted EBITDAP of $58.3 million with Adjusted EBITDAP margin of 16.3%Cash provided by operations of $77.7 million and free cash flow of $72.1 millionLive Webcast scheduled for 8:30 AM ET on May 23, 2024
RADNOR, Pa., May 13, 2024 /PRNewswire/ -- Triumph Group, Inc. (NYSE: TGI) will release fourth quarter fiscal year 2024 earnings on May 23, 2024, and will host a conference call that day at 8:30 a.m. ET. A slide presentation will be included with the audio portion of the webcast.
What:
TRIUMPH Fourth Quarter Fiscal Year 2024 Earnings Conference Call
When:
8:30 a.m. ET on Thursday, May 23, 2024
Where:
http://www.triumphgroup.com
How:
Go to the web site at least fifteen minutes early to register, download, and install any necessary audio software.
Archive:
For those who cannot listen to the live broadcast, a replay will be available two hours after the call and will remain available for 90 days.
Die hier zur Verfügung gestellten Informationen unterliegen keiner redaktionellen Bearbeitung. Die Aufbereitung erfolgt vollautomatisch und wird durch Zusatzinformationen und weiterführende Recherchemöglichkeiten angereichert. Ziel der Inhalte ist die schnelle und unkomplizierte Versorgung der Informationssuchenden mit den für sie relevanten Informationen. Durch eine Rückverlinkung auf den Informationsanbieter und -eigentümer ist sichergestellt, dass die hier aufbereiteten Daten bei Bedarf mit den Quellinformationen abgeglichen werden können. Das Newsboard zeigt keine Informationen in Echtzeit. Diese bitten wir bei Bedarf beim Börsenbetreiber abzurufen. Es besteht kein Anspruch auf Vollständigkeit. Hochverfügbarkeit kann nicht gewährleistet werden. Sollten Sie Fehler in der Funktionsweise bemerken, teilen Sie uns diese über das weiter unten befindliche Formular "Report a Bug" mit.
RAW DATA PROCESSING bedeutet, dass Rohdaten verarbeitet werden, ohne den Inhalt zu verändern. Um die Interpretation der Information im Sinne der Nutzbarkeit zu verbessern, werden die Daten ergänzt.
Hinweis: Über das Newswire-Crosslink-Panel im oberen Bereich gelangen Sie schnell und bequem zu weiteren Informationsquellen. Im Terminalview sind die Nachrichten auf Unternehmensebene gefiltert und ermöglich darüber gezielte Recherchen.
Wir bedanken uns im Namen der Trading-Community bei den Betreibern der Handelsplätze für die Bereitstellung von Informationsdiensten.