TPI Composites, Inc. Announces First Quarter 2024 Earnings Results – Results In-line with Company Expectations; Reiterate Full Year 2024 Financial Guidance [Yahoo! Finance]
TPI Composites, Inc. (TPIC)
Last tpi composites, inc. earnings: 2/27 04:01 pm
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US:NASDAQ Investor Relations:
tpicomposites.com/english/investors/default.aspx
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Source: Yahoo! Finance
“As expected, sales and adjusted EBITDA for the first quarter of 2024 were impacted by the timing of production line startups and transitions. As our customers prepare for an expected multi-year global wind market growth environment, we are excited to partner with them and align our factories to support their next generation blade models. Activity on these startups and transitions is progressing well and we remain confident 2024 will be a tale of two halves, as we are projecting a return to mid-single digit adjusted EBITDA margins and positive free cash flow in the second half of 2024,” said Bill Siwek, President and CEO of TPI Composites. “We ended the quarter with $117 million of cash and with the completion of the Oaktree strategic refinancing last quarter, we have ample liquidity to navigate current market conditions and ultimately expand to meet our customers' growing needs.” “In addition to demand driven by climate change and the need for energy security, several government p
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News
- TPI Composites Partners with University of Maine and Oak Ridge National Laboratory to Leverage One of the World's Largest Polymer 3D Printers for Wind Turbine Tooling [Yahoo! Finance]Yahoo! Finance
- TPI Composites Partners with University of Maine and Oak Ridge National Laboratory to Leverage One of the World’s Largest Polymer 3D Printers for Wind Turbine ToolingGlobeNewswire
- TPI Composites, Inc. (NASDAQ: TPIC) had its price target raised by analysts at Roth Mkm from $3.30 to $3.75. They now have a "neutral" rating on the stock.MarketBeat
- TPI Composites, Inc. (NASDAQ:TPIC) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Compared to Estimates, TPI Composites (TPIC) Q1 Earnings: A Look at Key Metrics [Yahoo! Finance]Yahoo! Finance
TPIC
Earnings
- 5/2/24 - Miss
TPIC
Sec Filings
- 5/8/24 - Form 144
- 5/7/24 - Form 144
- 5/2/24 - Form 10-Q
- TPIC's page on the SEC website