TPI Composites, Inc. Announces Second Quarter 2018 Earnings Results and Reaches a Record Level of Contract Value of $6.4 Billion
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TPI Composites (TPIC) PT Raised to $35 at Cowen
August 8, 2018 6:50 AM EDTCowen raised its price target on TPI Composites (NASDAQ: TPIC) to $35.00 (from $30.00) while maintaining an Outperform rating.
Analyst Jeffrey Osborne said customers' pursuit of lower LCOE is leading to more transitions and line startups in FY18, which will impact profitability in the... More
TPI Composites, Inc. (TPIC) Misses Q2 EPS by 9c, Revenues Beat; Offers FY18 EPS Guidance Below Consensus
August 7, 2018 4:16 PM EDTTPI Composites, Inc. (NASDAQ: TPIC) reported Q2 EPS of ($0.12), $0.09 worse than the analyst estimate of ($0.03). Revenue for the quarter came in at $230.6 million versus the consensus estimate of $241.25 million.
Net sales of $230.6 millionTotal billings of $237.4 millionNet loss of $4.1 million or $0.12 per diluted shareEBITDA of $10.1 million, with... More