TPI Composites, Inc. (TPIC) Misses Q1 EPS by 60c, provides guidance

TPI Composites, Inc. (NASDAQ: TPIC) reported Q1 EPS of ($1.31), $0.60 worse than the analyst estimate of ($0.71). Revenue for the quarter came in at $299 million versus the consensus estimate of $301.53 million.

GUIDANCE:

TPI Composites, Inc. sees FY2024 revenue of $1.3-1.4 billion, versus the consensus of $1.364 billion.
Adjusted EBITDA Margin % from Continuing Operations: 1% - 3%
Capital Expenditures: $25 - $30 million

For earnings history and earnings-related data on TPI Composites, Inc. (TPIC) click here.

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