Tecnoglass (TGLS) Misses Q4 EPS by 4c
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Tecnoglass Reports Record Fourth Quarter and Full Year 2016 Results
March 10, 2017 7:00 AM ESTBARRANQUILLA, COLOMBIA -- (Marketwired) -- 03/10/17 -- Tecnoglass, Inc. (NASDAQ: TGLS)
- Total Revenues Up 26% to a Record $305.0 Million for Full Year 2016 - - Net Income Increased to $23.2 Million for Full Year 2016 - - Adjusted EBITDA(1) Grew 26.1% to a Record $72.0 Million for Full Year 2016 - - Backlog Expands 6% Year-over-Year to $396 Million -
Fourth Quarter 2016 Highlights as Compared to Fourth Quarter 2015
Total revenues increased 21.1% to $80.3 million; up 20.6% on a constant currency basis Net income increased to $2.9 million Adjusted EBITDA(1) grew 36.7% to... More