Tecnoglass Inc Stock Price, News & Analysis

Tecnoglass (NASDAQ: TGLS), a prominent architectural glass and aluminum products manufacturer, will present at the Lytham Partners Spring 2022 Investor Conference on April 4, 2022, at 11:00 a.m. ET. The presentation will be accessible live via the Investor Relations section of their website, with a replay available afterward.

Tecnoglass, based in Barranquilla, Colombia, is the second-largest glass fabricator in the U.S. and the top architectural glass transformation company in Latin America, serving over 1,000 global customers.

Tecnoglass (NASDAQ: TGLS), a premier manufacturer of architectural glass and windows, is set to present at the Sidoti Spring Virtual Investor Conference on March 23, 2022, at 10:45 a.m. ET. The presentation will be accessible live via their website, with a replay available post-event. Tecnoglass is known for serving over 1,000 customers globally, with more than 90% of revenues from the U.S. market. The company is recognized as the second largest glass fabricator in the U.S. and the top architectural glass transformation firm in Latin America.

Tecnoglass (TGLS) announced the completion of a review by its Special Committee regarding allegations from a short seller report. The review found no evidence of fraud linked to related-party transactions and confirmed no adverse effects on financial statements for 2021. The company filed its annual report on Form 10-K, stating effective internal controls over financial reporting. Additionally, Tecnoglass reaffirms its growth outlook for 2022, projecting revenues between $575 million to $600 million and adjusted EBITDA of $170 million to $190 million.

Tecnoglass (NASDAQ: TGLS) has declared a quarterly cash dividend of $0.065 per share for Q1 2022, equating to $0.26 annually. This dividend will be paid on April 29, 2022, to shareholders recorded as of March 31, 2022. As the second largest glass fabricator in the U.S. and the leading glass transformation company in Latin America, Tecnoglass serves over 1,000 global customers.

Tecnoglass (NASDAQ: TGLS) announced that the Special Committee of its Board is nearing completion of its investigation regarding allegations from a short seller report issued on December 9, 2021. The inquiry focused on related party transactions and the potential fraud but found no evidence of wrongdoing. The company does not anticipate any adverse effects on its financial statements or liquidity for the fiscal year ended December 31, 2021. Tecnoglass emphasizes the uncertainty of future financial performance and potential risks impacting its business.

Tecnoglass (NASDAQ: TGLS), a leader in manufacturing architectural glass and windows, will attend the Raymond James 43rd Annual Institutional Investors Conference in Orlando, FL, on March 8, 2022. The company, based in Barranquilla, Colombia, serves over 1,000 global clients, with more than 90% of its revenue coming from the U.S. Tecnoglass is recognized as the second-largest glass fabricator in the U.S. and the top architectural glass transformation company in Latin America. Notable projects include Salesforce Tower and One Thousand Museum.

Tecnoglass (TGLS) reported record financial results for the full year 2021, with total revenues rising 32% year-over-year to $496.8 million. Single-family residential revenues surged 151%, constituting 36% of total revenues. The company achieved a gross margin of 40.8% and net income of $68.4 million ($1.43 per share). Adjusted EBITDA reached $150.3 million. For 2022, Tecnoglass projects revenues of $575-$600 million and adjusted EBITDA of $170-$190 million. A special committee investigation found no fraud or accounting irregularities.

Tecnoglass (NASDAQ: TGLS) will release its fourth quarter and full year 2021 financial results before the market opens on March 3, 2022. A webcast and conference call will follow at 10:00 a.m. Eastern time, where management will discuss the results. Investors can access the call via the company’s website or by phone. Tecnoglass serves the architectural glass and aluminum product markets, with over 90% of revenues from the U.S., highlighting its significant role in the industry.

Tecnoglass (NASDAQ: TGLS), a prominent manufacturer of architectural glass and aluminum products, will participate in the Sidoti Winter Virtual Investor Conference on January 19, 2022. The company is recognized as the second largest glass fabricator in the U.S. and the leading architectural glass transformation firm in Latin America. Based in Barranquilla, Colombia, Tecnoglass operates a large manufacturing facility that services over 1,000 global customers, with more than 90% of its revenues coming from the U.S. For more details, visit tecnoglass.com.