TPI Composites, Inc. Announces Second Quarter 2019 Earnings Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/17/2026
- Wall St rebounds after Fed's first rate hike in years as oil, Treasury yields dip
- Oil falls 2% to one-week low as Middle East supply disruption fears ease
- The Fed is hiking. Why isn't UBS worried about stocks?
- Wall Street on Fed rate hike: 'As hawkish as it gets'
- RBC bullish on Kraft Heinz, sees return to growth in 2027
- Generac strikes $8B supply deal with Amazon for data center power
- Wall St ends lower after Fed hikes interest rates, sees more tightening ahead
- Paradium AI (PAAI) Halted, News Pending
- Shipping stocks on fire — but cracks are forming in the rate rally
- JPMorgan Fed scenario analysis: 5 paths for the S&P 500 today
TPI Composites, Inc. (TPIC) Tops Q2 EPS by 31c, Revenues Beat; Offers FY19 EPS Guidance Below Consensus, FY19 Revenue Mid-Point Guidance Above Consensus
August 7, 2019 4:29 PM EDTTPI Composites, Inc. (NASDAQ: TPIC) reported Q2 EPS of $0.05, $0.31 better than the analyst estimate of ($0.26). Revenue for the quarter came in at $330.5 million versus the consensus estimate of $328.23 million.
For the quarter ended June 30, 2019:
Net sales of $330.8 millionTotal billings of $304.5 millionNet income of $1.8 million or $0.05 per shareEBITDA of $11.7 millionAdjusted EBITDA of $19.5 millionWe delivered solid operational and financial performance in the second quarter through our continued focus on execution, operating efficiency and commitment to our customer and supplier relationships, said Steve Lockard, CEO of TPI... More
