Welcome to our dedicated page for Tpi Composites news (Ticker: TPIC), a resource for investors and traders seeking the latest updates and insights on Tpi Composites stock.
TPI Composites, Inc. (TPIC) drives innovation in advanced composite solutions for renewable energy and transportation markets. This news hub provides investors and industry professionals with verified updates on corporate developments, technological breakthroughs, and strategic partnerships.
Access comprehensive coverage of earnings announcements, manufacturing expansions, and R&D initiatives shaping the composite materials sector. Our curated selection includes press releases on wind blade production advancements, transportation component innovations, and sustainability achievements across TPIC's global operations.
Key updates feature OEM collaborations, operational efficiency milestones, and market expansion efforts in North America, Asia, and Europe. Stay informed about developments in 3D-printed tooling applications, wind energy solutions, and lightweight composite technologies through primary source documentation.
Bookmark this page for direct access to TPIC's official communications, including financial disclosures and manufacturing capacity updates. Regularly updated content ensures you maintain current awareness of this composite technology leader's evolving market position.
TPI Composites, Inc. (Nasdaq: TPIC) has appointed Jerry Lavine as President of Transportation, effective June 30, 2021. Lavine brings nearly 30 years of automotive industry experience, previously serving as Chief Technology Officer at Bordrin New Energy Vehicle and in senior roles at Magna and Ford. Bill Siwek, President and CEO of TPI, expressed optimism about Lavine's leadership, indicating it will enhance growth in the transportation sector. TPI specializes in manufacturing composite wind blades for the wind energy market and operates globally.
TPI Composites (TPIC) reported Q1 2021 net sales of $404.7 million, a 13.5% increase from Q1 2020, driven by higher wind blade production and prices. However, the company recorded a net loss of $1.8 million or $0.05 per diluted share. Adjusted EBITDA rose to $13.1 million, with a margin of 3.2%. Despite challenges including supply chain issues, TPI's operational strategy and increased demand for renewable energy present a favorable outlook. The full-year guidance is reaffirmed at $1.75 billion to $1.85 billion in net sales.
TPI Composites, Inc. (Nasdaq: TPIC) will release its Q1 2021 results after market close on May 6, 2021, with a conference call at 5:00 p.m. Eastern Time. Investors can join via phone or a webcast on the company's website. TPI is a leading independent manufacturer of composite wind blades for the wind energy sector, operating factories globally in regions including the U.S., China, and Mexico. The company is dedicated to providing high-quality composite solutions to OEMs in the wind and transportation markets.
TPI Composites (Nasdaq: TPIC) reported strong fourth quarter results for 2020, achieving net sales of $465.6 million, a 10.3% increase, and a net income of $5.2 million or $0.14 per diluted share. The full year results showed net sales of $1,670.1 million despite a net loss of $19.0 million. Adjusted EBITDA rose to $40.8 million, with a margin expansion to 8.8%. For 2021, the company projects net sales between $1.75 billion and $1.85 billion and adjusted EBITDA of $110 million to $135 million, reflecting optimism in wind and transportation markets.
TPI Composites (Nasdaq: TPIC) announced the upcoming release of its Q4 and full-year 2020 results on February 25, 2021, following market close. A conference call will be held at 5:00 p.m. ET, accessible by phone or via a live webcast. TPI is noted as the sole independent manufacturer of composite wind blades for the wind energy sector, boasting a global manufacturing presence, including facilities in the U.S., China, and Mexico.
TPI Composites, Inc. (Nasdaq: TPIC) will participate in several upcoming investor conferences, showcasing its commitment to the renewable energy sector. The events include the Morgan Stanley Energy & Clean Tech Corporate Access Day on December 2, 2020, and the BofA Securities Renewables Symposium from December 3-4, with a presentation scheduled for December 4 at 8:45 a.m. Eastern Time. Additionally, TPI will attend the Capital One Energy Conference on December 7, 2020. TPI is recognized as the sole independent manufacturer of composite wind blades globally, operating factories across multiple countries.
TPI Composites (Nasdaq: TPIC) reported a strong third quarter on Nov. 5, 2020, with net sales of $474.1 million, up 23.5% year-over-year. The company achieved net income of $42.4 million or $1.13 per diluted share, alongside an Adjusted EBITDA of $49.1 million. Wind blade sales increased 27.8% to $450.1 million. The company anticipates Q4 2020 net sales between $435 million and $455 million and full-year guidance of $1.64 billion to $1.66 billion, despite challenges from the COVID-19 pandemic impacting production.
TPI Composites, Inc. (Nasdaq: TPIC) will participate in several upcoming virtual investor conferences. The management team will join the J.P. Morgan Virtual Energy Tour on November 9, 2020, featuring a fireside chat at 10:00 a.m. ET. Following that, they will present at the Baird Virtual Industrial Conference on November 12, 2020, at 9:40 a.m. ET. Finally, TPI will attend the Craig Hallum Alpha Select Investor Conference on November 17, 2020. TPI is a leading manufacturer of composite wind blades for the wind energy sector, with operations across several countries.
TPI Composites, Inc. (TPIC) will release its third-quarter 2020 results on November 5, 2020, after market close, followed by a conference call at 5:00 p.m. ET. Investors can access the call via phone or listen online at the company’s website. TPI is the only independent manufacturer of composite wind blades for the wind energy market, with a global presence, operating factories in various countries, and maintaining long-term relationships with leading OEMs in the wind and transportation industries.
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