TPI Composites, Inc. (TPIC) Misses Q1 EPS by 41c, Revenues Beat; Offers FY19 EPS Guidance Below Consensus, FY19 Revenue Mid-Point Views Below Consensus

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Go back to TPI Composites, Inc. (TPIC) Misses Q1 EPS by 41c, Revenues Beat; Offers FY19 EPS Guidance Below Consensus, FY19 Revenue Mid-Point Views Below Consensus

TPI Composites, Inc. Announces First Quarter 2019 Earnings Results

May 8, 2019 4:02 PM EDT

SCOTTSDALE, Ariz., May 08, 2019 (GLOBE NEWSWIRE) -- TPI Composites, Inc. (Nasdaq: TPIC), the only independent manufacturer of composite wind blades with a global footprint, today reported financial results for the first quarter ended March 31, 2019.

Highlights

For the quarter ended March 31, 2019:

Net sales of $299.8 millionTotal billings of $279.5 millionNet loss of $12.1 million or $0.35 per shareEBITDA loss of $4.1 millionAdjusted EBITDA of $2.9 million... More