TPI Composites, Inc. (TPIC) Tops Q1 EPS by 13c, Revenues Miss; Offers FY21 Revenues Guidance

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Go back to TPI Composites, Inc. (TPIC) Tops Q1 EPS by 13c, Revenues Miss; Offers FY21 Revenues Guidance

TPI Composites, Inc. Announces First Quarter 2021 Earnings Results – Operational Execution Fuels Double-Digit Net Sales Growth

May 6, 2021 4:01 PM EDT

SCOTTSDALE, Ariz., May 06, 2021 (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, 2021.

Highlights

For the quarter ended March 31, 2021:

Net sales of $404.7 millionNet loss of $1.8 million or $0.05 per diluted shareEBITDA of $5.4 millionAdjusted EBITDA of $13.1 million... More