Tecnoglass (TGLS) Tops Q3 EPS by 1c
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Tecnoglass Reports Third Quarter 2015 Results
November 16, 2015 4:05 PM ESTIncreases Adjusted EBITDA Guidance to $65 Million for FY 2015 and to $85 Million for FY 2016
Third Quarter 2015
Total revenues rose 17.7% to $62.9 million; US sales increased 60% to $42.9 million Operating income rose 41.4% to $10.8 million Adjusted EBITDA more than doubled to $24.7 million Backlog of $360.4 million, an increase of 28% from December 31, 2014 and 6% over Q2 2015BARRANQUILLA, Colombia--(BUSINESS WIRE)-- Tecnoglass, Inc. (NASDAQ: TGLS) ("Tecnoglass" or the "Company"), a leading manufacturer of architectural glass, windows, and associated aluminum products for... More
