TPI Composites, Inc. Announces Third Quarter 2020 Earnings Results – Net Sales Increase by 23.5% - Net Income of $42.4 million and Adjusted EBITDA of $49.1 million – Provides 2020 Guidance

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TPI Composites, Inc. (TPIC) Tops Q3 EPS by 92c, Revenues Beat; Offers FY20 Revenue Guidance Above Consensus

November 5, 2020 4:32 PM EST

TPI Composites, Inc. (NASDAQ: TPIC) reported Q3 EPS of $1.13, $0.92 better than the analyst estimate of $0.21. Revenue for the quarter came in at $474.1 million versus the consensus estimate of $408.14 million.

Highlights

For the quarter ended September 30, 2020:

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