TPIC Stock Recent News

TPI Composites, Inc. (NASDAQ:TPIC ) Q3 2022 Earnings Conference Call November 3, 2022 5:00 PM ET Company Participants Christian Edin – Investor Relations Bill Siwek – President and Chief Executive Officer Ryan Miller – Chief Financial Officer Conference Call Participants Eric Stine – Craig-Hallum Morgan Reid – Bank of America Greg Wasikowski – Webber Research Pavel Molchanov – Raymond James Justin Clare – ROTH Capital Partners Luke Tilkens – Piper Sandler William Grippin – UBS Operator Good afternoon, and welcome to TPI Composites Third Quarter 2022 Earnings Conference Call. During the presentation, all participants will be in a listen-only mode.

TPI Composites (TPIC) delivered earnings and revenue surprises of -85.71% and 2.05%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

SCOTTSDALE, Ariz., Oct. 13, 2022 (GLOBE NEWSWIRE) -- TPI Composites, Inc. (“TPI”) (Nasdaq: TPIC) today announced that the company will release its third quarter 2022 results after the market close on Thursday, November 3rd, 2022, to be followed by a conference call at 5:00 p.m. (Eastern Time) on the same day.

TPI Composites manufactures composite wind blades for the wind energy market. Management noted $2.7 billion in revenue from existing contracts through 2024. The current market capitalization does not exceed $670 million.

TPI Composites, Inc. (NASDAQ:TPIC ) Q2 2022 Earnings Conference Call August 3, 2022 5:00 PM ET Company Participants Ryan Miller - Chief Financial Officer William Siwek - President & Chief Executive Officer Conference Call Participants Operator Good afternoon, and welcome to TPI Composites Second Quarter 2022 Earnings Conference Call. Today's call is being recorded.

TPI Composites (TPIC) delivered earnings and revenue surprises of -60% and 4.15%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

TPI Composites (TPIC) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.

SCOTTSDALE, Ariz., July 13, 2022 (GLOBE NEWSWIRE) -- TPI Composites, Inc. (“TPI”) (Nasdaq: TPIC) today announced that the company will release its second quarter 2022 results after the market close on Wednesday, August 3rd, 2022, to be followed by a conference call at 5:00 p.m. (Eastern Time) on the same day.

Revenue, gross profit, and adjusted EBITDA decreased by 4.9%, 122.4% and 53.4%, respectively. Despite this poor performance, I believe the next few quarters will demonstrate improved efficiency and better numbers. Management guided for a 40-50% improvement in margins and a 15-20% increase in manufacturing utilization rates.

The wind blades manufacturer is impressed with its own first-quarter performance, but should you be?