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Stock impact report

Tecnoglass Reports Fourth Quarter and Full Year 2020 Results

Tecnoglass, Inc (TGLS)  More Company Research Source: GlobeNewswire
Last tecnoglass, inc earnings: 3/2 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investors.tecnoglass.com
PDF - Single-Family Residential Revenues Grew 51% Year-Over-Year in Fourth Quarter 2020 - - Reports Net Income of $24.2 Million and Adjusted Net Income1 of $36.8 million, or $0.79 Per Diluted Share for Full Year 2020 - - Achieves 560 Basis Point Increase in Gross Margin to a Full Year Record of 37.1% - - Increases Adjusted EBITDA1 by 6% Year-Over-Year to a Record $97.8 Million at a Margin of 26.1% for Full Year 2020 - - Produces Cash Flow From Operations of $71.4 million, Representing Over 70% of Adjusted EBITDA1 in Full Year 2020 - - Introduces Full Year 2021 Growth Outlook for Adjusted EBITDA1 of $100 million to $110 million on Total Revenues of $400 million to $415 million - Fourth Quarter 2020 Highlights  ?Total revenues increased 1.0% year-over-year to $102.4 million, with 4.8% growth in U.S. revenues    ?Adjusted net income1 of $10.3 million, or $0.22 per diluted share    ?Gross margin improved 710 basis points year-over-year to 36.1%    ?Adjusted EBI [Read more]
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