Triumph Group, Inc. announced the postponement of its second quarter fiscal year 2025 financial results and investor conference call, originally scheduled for November 4, 2024. The new date for the release and call is Tuesday, November 12, 2024.
The delay is a direct result of a recent and favorable settlement with Boeing Commercial Airplanes concerning pricing on Triumph's Interiors contracts. Additional time is required to finalize the accounting for this significant contract adjustment.
Triumph Group expects to update its fiscal year 2025 guidance following the incorporation of this agreement. This settlement is anticipated to positively impact the company's financial outlook for the current fiscal year.
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