In Brief: Triumph Announces Cash Burn For Fiscal 2024
Triumph Group warned investors it will burn cash for the fiscal year ending March 31, 2024, instead of making it, as previously forecast. In a late March 8 regulatory filing, Triumph cut free cash flow guidance for the year—from making $40 million before to using $30-40 million now. The company...
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In Brief: Triumph Announces Cash Burn For Fiscal 2024 is published in Aerospace Daily & Defense Report, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.
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