Reports Q4 revenue $358.59M, consensus $342.06M. “TRIUMPH took important strategic actions during fiscal 2024 to create a more streamlined, value-added and IP-based business with a much stronger balance sheet,” said Dan Crowley, TRIUMPH’s chairman, president and chief executive officer. “We completed the divestiture of our third-party Product Support MRO business during the fourth quarter and retired over $550.0 million of debt with the sale proceeds to materially accelerate our de-leveraging as committed to our shareholders during our September 2023 Investor Day.”
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