Tecnoglass (TGLS) Misses Q4 EPS by 11c

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Go back to Tecnoglass (TGLS) Misses Q4 EPS by 11c

Tecnoglass Reports Record Fourth Quarter and Full Year 2015 Results

March 29, 2016 7:00 AM EDT

- Delivers Record Full Year Adjusted EBITDA of $65.5 Million and Operating Income of $39.6 Million -

- Backlog Expands 34.0% Year-over-Year to a Record $375.2 Million at Year End -

- Reiterates Full Year 2016 Outlook for Total Revenues Up 20% and Adjusted EBITDA Up 30% to $85 Million -

Fourth Quarter 2015 Highlights as Compared to Fourth Quarter 2014

Total revenues increased 50.2% to $66.4 million; up 68.2% on a constant currency basis Adjusted EBITDA increased 2.8% to $13.2 million ($15.5 million excluding the impact of foreign currency); Operating income grew to... More