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Triumph Group, Inc. - $TGI STOCK NEWS

Welcome to our dedicated page for Triumph Group news (Ticker: $TGI), a resource for investors and traders seeking the latest updates and insights on Triumph Group stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Triumph Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Triumph Group's position in the market.

Rhea-AI Summary
Triumph Group to release second quarter fiscal year 2024 earnings and host conference call
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.26%
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conferences earnings
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Rhea-AI Summary
Triumph Group's Product Support business in Hot Springs, Arkansas has been awarded an $8.7M contract to perform shipset maintenance for Passenger Service Units (PSU) and pilot and flight attendant seats for Boeing and Airbus aircraft going through heavy maintenance checks through January 2025.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.77%
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none
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Rhea-AI Summary
Triumph Group, Inc. will host its Investor Day on September 13, 2023, showcasing key products and operating strategies.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.4%
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conferences
Rhea-AI Summary
Triumph Group, Inc. (NYSE:TGI) will host an Investor Day on September 13, 2023, in New York. The event will feature presentations on the company's long-term targets and growth opportunities, as well as breakout sessions and a Q&A session. Interested parties can register in advance or join via webcast.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.37%
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conferences
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Rhea-AI Summary
Triumph Group reports preliminary financial results for Q1 fiscal 2024, with net sales of $327.1 million and organic sales growth of 14%. The company reaffirms its guidance for fiscal 2024, expecting net sales of $1.39 billion to $1.43 billion and operating income of $159.0 million to $174.0 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-24.6%
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.68%
Tags
conferences earnings
Rhea-AI Summary
Triumph Group, Inc. announced the completion of the redemption of all outstanding warrants, resulting in approximately $100 million of proceeds. A total of 8,085,968 million warrants were exercised, increasing equity by $100 million, cash by $85 million, and reducing debt by $14 million. The redemption had no effect on the trading of Triumph's common stock.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.99%
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none
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.89%
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.33%
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Rhea-AI Summary
Triumph Group's Geared Solutions business has been chosen by Piasecki Aircraft Corporation (PiAC) to develop a prototype main transmission for PiAC's hydrogen powered PA-890 eVTOL compound helicopter. The project will begin this summer at TRIUMPH Geared Solutions in Park City, UT.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.33%
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none
Triumph Group, Inc.

NYSE:TGI

TGI Rankings

TGI Stock Data

1.13B
69.89M
1.86%
95.22%
7.64%
Other Aircraft Parts and Auxiliary Equipment Manufacturing
Manufacturing
Link
United States of America
RADNOR

About TGI

triumph group, inc., headquartered in berwyn, pennsylvania, is a global leader in manufacturing and overhauling aerospace structures, systems and components. operating in 70 locations worldwide, triumph designs, engineers, manufactures, repairs and overhauls a broad portfolio of aerostructures, aircraft components, accessories, subassemblies and systems. triumph consists of 47 highly specialized manufacturing companies, organized into three groups: aerostructures, aerospace systems, and aftermarket services. our operations touch virtually all major players and all current and future aviation platforms. triumph serves a broad, worldwide spectrum of the industry, including original equipment manufacturers (oems) of commercial, regional, business and military aircraft and aircraft components, as well as commercial and regional airlines and air cargo carriers. triumph participates at all levels of the aerospace supply chain – from single components to complex aerostructures and their