TPI Composites, Inc. Announces Second Quarter 2021 Earnings Results – Delivers Double Digit Top Line Growth in a Challenging Operating Environment

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Go back to TPI Composites, Inc. Announces Second Quarter 2021 Earnings Results – Delivers Double Digit Top Line Growth in a Challenging Operating Environment

TPI Composites, Inc. (TPIC) Misses Q2 EPS

August 5, 2021 4:40 PM EDT

TPI Composites, Inc. (NASDAQ: TPIC) reported Q2 EPS of ($1.08), which may not compare to the analyst estimate of ($0.05). Revenue for the quarter came in at $458.8 million versus the consensus estimate of $428.89 million.

We are happy to report that we delivered solid top line and adjusted EBITDA results in the second quarter, said Bill Siwek, President and CEO of TPI Composites. We are closely monitoring resurgences of the COVID-19 pandemic, and we remain focused on creating a safe operating environment for our associates including working with local authorities in each of our regions to... More