DALLAS, July 17, 2024 (GLOBE NEWSWIRE) -- Triumph Financial, Inc. (Nasdaq: TFIN) has released its second quarter 2024 financial results. The 2Q 2024 financial results and shareholder letter are available on the Company's website at tfin.com through the News & Events, Events & Presentations links. Aaron P. Graft, Vice Chairman & CEO, and Brad Voss, CFO, will review the financial results in a conference call with investors and analysts beginning at 9:30 a.m. central time on Thursday, July 18, 2024. The live v ...

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 TRI ...

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 ...

ilbusca Introduction Triumph Financial (NASDAQ:TFIN) is a regional bank that has not been immune to the struggles of its peers as interest rates rose sharply in late 2022 and 2023. The bank has a strong focus on the transportation industry as it provides payment technology designed for that sector. Last summer, I detailed why I was avoiding the bank’s preferred shares (NASDAQ:TFINP). Since then, the bank has shown some improvement, but I am still avoiding common shares and rate the preferred shares a bu ...

Triumph Group (TGI) shares ended the last trading session 7.3% higher at $15.10. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 6.1% gain over the past four weeks.Per a recent report by Reuters, Boeing is temporarily shifting some engineers from its experimental X-66A plane project to support the development and on-time delivery of its commercial programs like 737 and 777 jets. This must have boosted the share pri ...

DALLAS, June 17, 2024 (GLOBE NEWSWIRE) -- Triumph Financial, Inc. (Nasdaq: TFIN) and global logistics provider C.H. Robinson (Nasdaq: CHRW) announced today a strategic relationship focused on delivering innovative payment solutions to the transportation industry. C.H. Robinson will join the TriumphPay Network, a platform that connects brokers, shippers, factors and carriers for a streamlined payment experience. This collaboration provides the foundation for delivering new solutions and financial benefits to ...

公司竞争与监管 - 公司主要与一级和二级系统供应商和零部件制造商竞争，主要在飞机、系统部件和组件的制造领域竞争[19] - 针对航空部件的维修和翻新竞争主要来自四个主要来源，包括 OEMs、主要商业航空公司、政府支持库和独立的维修和翻新公司[20] - 航空航天行业的参与者主要基于技术能力、质量、交付性能、产能和价格竞争[21] - 美国联邦航空管理局（FAA）等机构对航空航天行业进行严格监管，公司必须获得 FAA 认证才能工程和服务特定飞机型号使用的零部件[22] - 公司必须满足客户的要求，包括受 FAA 法规监管的 OEMs，提供符合商业飞行操作中使用的飞机部件的政府法规的产品和维修服务[23] - 欧洲航空安全局（EASA）等机构对该行业的认证程序同样严格，涉及潜在漫长的审计[25] - 公司的业务、运营和设施受到多项严格的联邦、州、地方和外国环境法律和法规的监管，包括环境保护局（EPA）的规定[29] 公司财务状况 - 公司 backlog 截至 2024年3月31日约为19亿美元，其中系统和支持部门占15.6亿美元，内饰部门占3.4亿美元[17] - 重要客户 Boeing 公司对公司净销售额有显著影响，减少对 Boeing 的销售可能对公司财务状况、运营结果和现金流产生重大不利影响[18] 公司战略与业务发展 - 公司致力于吸引、培养和留住多领域的高技能人才，包括工程、制造、信息技术、网络安全、商业发展、金融和战略管理等领域[35] 公司管理团队与业务交易 - 公司当前的高管团队包括主席、总裁和首席执行官Daniel J. Crowley，高级副总裁、首席财务官James F. McCabe, Jr.，高级副总裁、首席行政官、总法律顾问和秘书Jennifer H. Allen[49] - 公司于2023年12月与AAR CORP.签订协议，出售位于美国和泰国的维修、修理和翻新业务，交易于2024年第三季度生效，公司获得约5.48亿美元的收益[54] 公司财务管理 - 公司于2024年3月完成了对1.2亿美元2028年首要债券的资产出售要约，以及对4.376亿美元2025年债券的赎回，减少了约5.567亿美元的长期债务[56] - 公司于2024年5月完成了对1.2亿美元2028年首要债券的赎回，赎回价格为面值的103%加上应计利息[57] - 公司使用外汇远期合同对外币支付进行套期保值，对外汇风险进行管理，未来10%的汇率变动不会对未确认收益或损失产生重大影响[294] - 公司的长期债务以摊销成本计量，利率波动不会影响财务报表，但未偿还债务的公允价值将随着利率变动而波动[295] - 公司的固定利率现金流量加权平均利率为8.96%，未来12个月内的固定利率现金流量为3,200,000美元[297]

The aerospace component manufacturer has a Boeing problem.Issues at Boeing are further delaying a long-awaited rebound at supplier Triumph Group (TGI 4.41%).Shares of the aerospace component manufacturer traded down as much as 11.8% this week, according to data provided by S&P Global Market Intelligence, and were down 6% for the week heading into the close on Friday, as a strong earnings report was offset by weak guidance about the quarters to come.An uncertain journey gets a new twistTriumph Group is one o ...

Triumph Group, Inc. (TGI) reported fourth-quarter fiscal 2024 (ended Mar 31, 2024) adjusted earnings of 31 cents per share, which beat the Zacks Consensus Estimate of 12 cents by 158.3%. However, the bottom line declined by 3.1% from earnings of 32 cents per share reported in the prior-year quarter.Including one-time adjustments, TGI reported GAAP earnings of 7 cents per share in the fourth quarter of fiscal 2024 against the loss of 37 cents in the prior-year quarter.For the full fiscal 2024, Triumph Group ...

Investors in Triumph Group, Inc. (TGI) need to pay close attention to the stock based on moves in the options market lately. That is because the Jun 21, 2024 $5 Call had some of the highest implied volatility of all equity options today.What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also m ...