Welcome to our dedicated page for Tecnoglass news (Ticker: TGLS), a resource for investors and traders seeking the latest updates and insights on Tecnoglass stock.
Tecnoglass Inc (TGLS) delivers innovative architectural glass solutions for commercial and residential construction worldwide. This dedicated news hub provides investors and industry professionals with essential updates directly from the company and verified sources.
Track earnings announcements, product innovations, and strategic partnerships alongside operational developments impacting the architectural glass sector. Our curated feed includes press releases on new thermo-acoustic glazing systems, manufacturing expansions, and sustainability initiatives.
Key updates cover regulatory compliance advancements, leadership changes, and market expansion efforts across North and Latin America. Bookmark this page for reliable information about TGLS’s tempered glass production, energy-efficient window systems, and responses to construction industry trends.
Tecnoglass reported a net income of $8.3 million for Q3 2020, with adjusted net income at $12.7 million or $0.28 per diluted share. Total revenues reached $103.3 million, growing 3.1% in U.S. markets. The company achieved an Adjusted EBITDA of $28.5 million, improved gross margin to 38.8%, and generated $51 million in cash flow year-to-date. Tecnoglass announced a new $300 million credit facility to lower interest rates. The full-year EBITDA outlook is $95 million to $100 million.
Tecnoglass has announced a new $300 million Senior Secured Credit Facility to replace existing borrowings, reducing its interest expenses by an estimated $11 million annually. The facility includes a $250 million term loan and a $50 million revolving credit line, maturing in 2025, with an initial interest rate of 3.00% expected to decrease to 2.75% in 2021. The funds will also support working capital needs. Additionally, Tecnoglass completed a $10.9 million land purchase for its joint venture with Saint-Gobain for a new manufacturing facility.
Tecnoglass (NASDAQ: TGLS), a premier manufacturer of architectural glass and aluminum products, will release its third quarter 2020 financial results on November 6, 2020, before the market opens. A webcast and conference call will be held at 10:00 a.m. ET that same day, allowing investors to review the results live. Tecnoglass is recognized as the #1 architectural glass transformation company in Latin America and serves over 1,000 customers, with more than 80% of its revenues derived from the United States.
Tecnoglass (NASDAQ: TGLS), a premier manufacturer of architectural glass, windows, and aluminum products, announced its participation in the D.A. Davidson 19th Annual Diversified Industrials & Services Virtual Conference on September 23, 2020. Based in Barranquilla, Colombia, Tecnoglass is the leading glass transformation company in Latin America and the second-largest glass fabricator for the U.S. market, serving over 1000 customers. Notable projects include El Dorado Airport in Bogota and Salesforce Tower in San Francisco. For more details, visit www.tecnoglass.com.
Tecnoglass (NASDAQ: TGLS) announced a quarterly cash dividend of $0.0275 per share, amounting to $0.11 annually, for Q3 2020. This dividend will be paid on October 30, 2020 to shareholders on record by September 30, 2020.
Tecnoglass is a leading manufacturer of architectural glass and aluminum products, serving over 1000 customers across the Americas, with a focus on the U.S. market, generating over 80% of its revenues.
Tecnoglass (NASDAQ: TGLS), a premier manufacturer of architectural glass and aluminum products, announced its participation in the Colliers 2020 Virtual Institutional Investor Conference on September 10, 2020. The company, headquartered in Barranquilla, Colombia, is the largest architectural glass transformation firm in Latin America and the second largest glass fabricator in the U.S. With over 1,000 customers across the Americas, Tecnoglass generates more than 80% of its revenues from the U.S. The company is known for its high-end products featured in iconic structures such as the Salesforce Tower in San Francisco.
Tecnoglass (NASDAQ: TGLS) announced its participation in the Raymond James 2020 Virtual Diversified Industrials Conference on August 26, 2020. The Company, a leading manufacturer of architectural glass and aluminum products, will present its latest investor presentation, accessible on its website. Based in Barranquilla, Colombia, Tecnoglass is the #1 architectural glass transformation company in Latin America and a major supplier in the US market, with over 80% of its revenues generated from there.
Tecnoglass (NASDAQ: TGLS), a top manufacturer of architectural glass and aluminum products, will announce its second quarter 2020 financial results before the market opens on August 6, 2020. A conference call scheduled for the same day at 9:00 a.m. ET will allow management to discuss the results. The event can be accessed via Tecnoglass' website, and a playback option will be available until November 6, 2020. Tecnoglass serves over 1000 customers, with more than 80% of its revenue generated in the U.S.
Tecnoglass (NASDAQ: TGLS) has declared a quarterly cash dividend of $0.0275 per share, equating to an annualized dividend of $0.11. This payment will be issued on July 31, 2020, to shareholders on record by the close of business on July 8, 2020. The company specializes in manufacturing architectural glass, windows, and aluminum products, catering primarily to the commercial and residential construction sectors, with over 80% of revenues generated from the U.S.
Tecnoglass (NASDAQ: TGLS), a leading manufacturer of architectural glass, will participate in the Baird 2020 Virtual Global Consumer, Technology & Services Conference on June 4, 2020. The company will present its latest investor presentation, which will be available on the Investor Relations section of its website.
Headquartered in Barranquilla, Colombia, Tecnoglass serves over 1,000 customers across the Americas, with more than 80% of revenues coming from the U.S. The company is the #1 architectural glass transformation company in Latin America.
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