TPI Composites, Inc. Announces First Quarter 2022 Earnings Results – Cost Mitigation Efforts and Transition Efficiencies Drive Solid Results

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Go back to TPI Composites, Inc. Announces First Quarter 2022 Earnings Results – Cost Mitigation Efforts and Transition Efficiencies Drive Solid Results

TPI Composites, Inc. (TPIC) Tops Q1 EPS by 16c

May 5, 2022 5:20 PM EDT

TPI Composites, Inc. (NASDAQ: TPIC) reported Q1 EPS of ($0.71), $0.16 better than the analyst estimate of ($0.87). Revenue for the quarter came in at $384.87 million versus the consensus estimate of $389.61 million.

We ended the quarter with $130.9 million of unrestricted cash and cash equivalents,... More