TPI Composites, Inc. Announces First Quarter 2020 Earnings Results – Delivering Growth and Maintaining Strong Liquidity while Taking Proactive Steps to Combat COVID-19 in Order to Ensure the Safety

Go back to TPI Composites, Inc. Announces First Quarter 2020 Earnings Results – Delivering Growth and Maintaining Strong Liquidity while Taking Proactive Steps to Combat COVID-19 in Order to Ensure the Safety

TPI Composites, Inc. (TPIC) Tops Q1 EPS by 31c, Revenues Beat

May 7, 2020 4:06 PM EDT

TPI Composites, Inc. (NASDAQ: TPIC) reported Q1 EPS of ($0.01), $0.31 better than the analyst estimate of ($0.32). Revenue for the quarter came in at $356.6 million versus the consensus estimate of $286.83 million.

While the COVID-19 situation has impacted our normal course operations, our number one priority is the health and safety of our employees and wed like to thank them for their tireless and continuous efforts during these challenging times, said Steve Lockard, CEO of TPI Composites. We continue to take the necessary actions to ensure the safety of our employees by going above and beyond Federal... More