Tecnoglass (TGLS) Misses Q2 EPS by 8c

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Go back to Tecnoglass (TGLS) Misses Q2 EPS by 8c

Tecnoglass Reports Second Quarter 2016 Results

August 1, 2016 7:01 AM EDT

- Reports Net Income of $0.47 Per Share and Adjusted Net Income1 of $0.14 Per Share -

- Adjusted EBITDA2 Grows to $17.1 Million -

- Backlog Expands 17.1% Year-over-Year to $398 Million, Up 3.4% from March 2016 -

- Revises Full Year 2016 Outlook -

Second Quarter 2016 Highlights as Compared to Second Quarter 2015

Total revenues increased 33.5% to $77.5 million; up 43.1% on a constant currency basis Adjusted EBITDA2 grew 25.2% to $17.1 million Operating expenses as a percent of sales... More