Tecnoglass Reports Third Quarter 2019 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- S&P 500, Nasdaq close lower, dragged by Alphabet and megacap tech; focus on Iran
- Oil settles down more 3% after US-Iran talks signal easing supply risks
- Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
- Alan Greenspan, influential former Federal Reserve chair, dies at 100
- Buy gold stocks as valuations are cheap amid macro tension: BofA
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
Tecnoglass (TGLS) Misses Q3 EPS by 2c, Revenues Beat; Raises FY19 Revenue Guidance Above Consensus
November 6, 2019 7:09 AM ESTTecnoglass (NASDAQ: TGLS) reported Q3 EPS of $0.18, $0.02 worse than the analyst estimate of $0.20. Revenue for the quarter came in at $108.5 million versus the consensus estimate of $102.99 million.
Third Quarter 2019 Highlights
Total revenues increased 12% to $108.5 million, with the U.S. representing 86% of revenuesNet loss of $1.3 million, or ($0.03) per diluted share, including non-cash FX losses during the periodAdjusted net income of $8.3 million, or $0.18 per diluted shareAdjusted EBITDA1 increased 5% to $24.0 millionBacklog expanded to a record $532 million; up 5% year-over-year and 1.1% quarter-over-quarterCompleted aluminum production capacity expansion; remaining high-return automation... More