TPIC Stock Recent News

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?

TPI Composites, Inc. (NASDAQ:TPIC ) Q1 2022 Earnings Conference Call May 5, 2022 5:00 PM ET Company Participants Christian Edin - Senior Director, IR William Siwek - President, CEO & Director Adan Gossar - Interim CFO & CAO Conference Call Participants Laura Sanchez - Morgan Stanley Hilary Cauley - Guggenheim Securities Justin Clare - ROTH Capital Partners Luke Tilkens - Piper Sandler & Co. Aaron Spychalla - Craig-Hallum Thomas Curran - Seaport Research Partners Pavel Molchanov - Raymond James & Associates Alec Scheibelhoffer - Stifel Julien Dumoulin-Smith - Bank of America Merrill Lynch Operator Good afternoon, and welcome to TPI Composites First Quarter 2022 Earnings Conference Call. Today's call is being recorded.

TPI Composites (TPIC) delivered earnings and revenue surprises of 24.47% and 1.72%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

TPI Composites (TPIC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.