TPI Composites, Inc. Announces Fourth Quarter and Full Year 2018 Earnings Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Needham Starts NeoVolta (NEOV) at Buy
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- KKR launches Helix with over $10 billion to build AI infrastructure
TPI Composites, Inc. (TPIC) Misses Q4 EPS by 22c, Revenues Miss; Offers FY19 EPS Guidance Above Consensus, FY19 Revenue Mid-Point Guidance Above Consensus
February 28, 2019 4:03 PM ESTTPI Composites, Inc. (NASDAQ: TPIC) reported Q4 EPS of ($0.26), $0.22 worse than the analyst estimate of ($0.04). Revenue for the quarter came in at $290.1 million versus the consensus estimate of $301.52 million.
Net sales of $290.1 millionTotal billings of $304.8 millionNet loss of $8.8 million or $0.26 per diluted shareEBITDA of $3.8 million, with an EBITDA margin of 1.3%Adjusted EBITDA of $9.8 million, with an Adjusted EBITDA margin of 3.4%2018 was a challenging but successful year for TPI as we delivered strong operational and financial performance despite a significant number of startups and transitions, said Steven... More
