- Tecnoglass press release ( NYSE: TGLS ): Q2 Non-GAAP EPS of $0.69 beats by $0.12 .
- Revenue of $169.1M (+38.9% Y/Y) beats by $20.02M .
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Record Single-Family Residential Revenues Increased 86% Year-Over-Year, Representing 45% of Total Revenues –
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Growth Capex Investments on Track to End Year with Installed Production Capacity of Over $800 Million -
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Gross Margin of 43.5%, Up 310 Basis Points Year-Over-Year
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Record Net Income of $33.4 Million and $0.70 Per Diluted Share
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Increases Full Year 2022 Growth Outlook to Adjusted EBITDA 1 of $208 Million to $220 Million on Total Revenues of $620 Million to $640 Million
- Shares +2.04% PM.
For further details see:
Tecnoglass Q2 beats expectations, increases FY 2022 growth outlook