TPI Composites, Inc. (TPIC) Tops Q1 EPS by 8c
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TPI Composites, Inc. Announces First Quarter 2017 Earnings Results
May 8, 2017 4:01 PM EDTSCOTTSDALE, Ariz., May 08, 2017 (GLOBE NEWSWIRE) -- TPI Composites, Inc. (Nasdaq: TPIC), the largest U.S.-based independent manufacturer of composite wind blades, today reported financial results for the first quarter ended March 31, 2017.
Highlights
For the quarter ended March 31, 2017:
Net sales of $191.6 millionTotal billings of $211.4 millionNet income of $3.5 million or $0.10 per diluted shareEBITDA of $12.5 million, with an EBITDA margin of 6.5%Adjusted EBITDA of $15.6 million, with an Adjusted EBITDA margin of 8.1%... More