TPI Composites, Inc. (TPIC) Misses Q2 EPS

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

August 5, 2021 4:01 PM EDT

SCOTTSDALE, Ariz., Aug. 05, 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 second quarter ended June 30, 2021.

Highlights

For the quarter ended June 30, 2021:

Net sales of $458.8 millionNet loss of $39.8 million or ($1.08) per diluted shareEBITDA of $4.3 millionAdjusted EBITDA of $17.4 million... More