Tecnoglass (TGLS) Misses Q1 EPS by 6c
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Tecnoglass Reports First Quarter 2016 Results
May 10, 2016 7:01 AM EDT- Reports Net Income of $13.1 Million Representing Earnings of $0.45 per Share -
- Adjusted EBITDA Grows to $15.3 Million Excluding the Impact of Foreign Currency -
- Backlog Expands 20% Year-over-Year to $385.0 Million, Up 3% from December 2015 -
- Reiterates Full Year 2016 Outlook -
First Quarter 2016 Highlights as Compared to First Quarter 2015
Total revenues increased 16.8% to $60.8 million; up 28.3% on a constant currency basis Adjusted EBITDA grew 43.2% to $15.3 million, which excludes the impact of foreign currency exchange... More