TPI Composites, Inc. (TPIC) Misses Q3 EPS by 86c, Offers Guidance
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TPI Composites, Inc. Announces Third Quarter 2021 Earnings Results – Added New Lines in China for Vestas and Secures Strategic Investment from Oaktree Capital Management of up to $600 Million
November 8, 2021 4:51 PM ESTSCOTTSDALE, Ariz., Nov. 08, 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 third quarter ended September 30, 2021.
Highlights
For the quarter ended September 30, 2021:
Net sales of $479.6 millionNet loss of $30.7 million or ($0.83) per diluted shareEBITDA loss of $6.5 millionAdjusted EBITDA of $0.2 million... More