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Stock impact report

Tecnoglass Reports Record First Quarter 2022 Results

Tecnoglass Inc. Ordinary Shares (TGLS) 
Last tecnoglass inc. ordinary shares earnings: 3/2 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investors.tecnoglass.com
Company Research Source: GlobeNewswire
- Single-Family Residential Revenues Increased 155% Year-Over-Year, Representing 44% of Total Revenues - - Total Revenues Up 21% Year-Over-Year to a Record $134.5 Million - - Gross Margin of 44.8%, Up 420 Basis Points Year-Over-Year - - Net Income of $21.0 Million, or $0.44 Per Diluted Share - - Adjusted Net Income1 of $25.4 Million, or $0.53 Per Diluted Share - - Adjusted EBITDA1 Up 35.1% Year-Over-Year to a Record $45.4 Million, or 33.7% of Total Revenues - - Cash Flow From Operations of $27.1 Million - - Backlog Expands 17.9% Year-Over-Year to a Record $651 Million - - High Return Capex Investments to Expand Capacity by ~50% above Full Year 2021 Revenue on Track to be Complete by Year End 2022 - - Increases Full Year 2022 Growth Outlook to Adjusted EBITDA1 of $185 Million to $195 Million on Total Revenues of $580 Million to $605 Million - BARRANQUILLA, Colombia, May 04, 2022 (GLOBE NEWSWIRE) -- Tecnoglass, Inc. (NASDAQ: TGLS) (“Tecnoglass” or the “Co Show less Read more
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