Tecnoglass

Tecnoglass, Inc. is a holding company, which engages in the design, manufacturing, distribution, marketing, and installation of architectural glass, windows and associated aluminum products for the global commercial and residential construction market. It operates through the following geographical segments: Colombia, United States, Panama, and Other. The company was founded in 2013 and is headquartered in Barranquilla, Colombia.

Earnings data Q1 2021

Earnings data Q2 2021

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Earnings data Q1 2022

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Earnings data Q1 2023

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Earnings data Q3 2023

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Tecnoglass reports record Q1 results, boosts outlook for 2023

Tecnoglass excelled in Q1 2023 with strong financial performance and strategic partnerships.
Challenges lie in maintaining gross margin stability amidst growth.
Opportunities abound with higher demand, strong backlog, and partnerships.
Overall, Tecnoglass is poised for continued growth and financial success.

Tecnoglass achieves record revenues in Q2, raises full-year outlook

Tecnoglass reported exceptional Q2 results, highlighting revenue growth, margin expansion, and a record backlog. The company's focus on competitive advantages and commitment to shareholders bode well for future growth and sustained performance.

Tecnoglass achieves record Q3 revenues, eyes growth in vinyl market

Tecnoglass reported strong Q3 results with record revenues and robust backlog. The company's focus on cost controls and expansion into new markets positions it well for future growth. Challenges include delays in orders and pricing pressure in the residential segment.

Tecnoglass achieves record revenues, eyes growth in vinyl market

Tecnoglass delivered robust financial performance in 2023, with a strong outlook for revenue growth and operational efficiency in 2024.
Strategic market expansions and cost management efforts position the company for sustained growth and enhanced shareholder value.
While facing pricing and market challenges, Tecnoglass remains focused on leveraging opportunities for revenue diversification and capital optimization.

Tecnoglass reports robust Q1 results, eyes growth in vinyl market

Tecnoglass demonstrated resilience and growth potential in Q1 2024, leveraging its strong financial position and market opportunities. Challenges such as currency fluctuations and margin variability are being managed strategically. The company's focus on the vinyl window market and expanding product lines positions it for future success.

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Tecnoglass, Inc. is a holding company, which engages in the design, manufacturing, distribution, marketing, and installation of architectural glass, windows and associated aluminum products for the global commercial and residential construction market. It operates through the following geographical segments: Colombia, United States, Panama, and Other. The company was founded in 1994 and is headquartered in Barranquilla, Colombia.

Tecnoglass Inc. (NYSE:TGLS ) Q3 2024 Earnings Conference Call November 7, 2024 10:00 AM ET Company Participants Brad Cray - Investor Relations Jose Manuel Daes - Chief Executive Officer and Director Christian Daes - Chief Operating Officer and Director Santiago Giraldo - Chief Financial Officer Conference Call Participants Sam Darkatsh - Raymond James Alex Hantman - Sidoti & Company Tim Wojs - Baird Alex Rygiel - B. Riley FBR Jean Ramirez - D.A.

Tecnoglass Inc. (TGLS) Q3 2024 Earnings Call Transcript

Tecnoglass (TGLS) came out with quarterly earnings of $1.08 per share, beating the Zacks Consensus Estimate of $0.97 per share. This compares to earnings of $0.98 per share a year ago.

Tecnoglass (TGLS) Q3 Earnings and Revenues Top Estimates

- Record Revenue of $238.3 Million, Up 13.1% Year-Over-Year Driven Entirely by Organic Growth - - Single-Family Residential Revenue increased to a Record $109.7 Million, Up 25.0% Year-Over-Year - - Gross Margin of 45.8%, Up 290 Basis Points Year-Over-Year - - Net Income of $49.5 Million, or $1.05 Per Diluted Share - - Adjusted Net Income 1 of $50.9 Million, or $1.08 Per Diluted Share - - Adjusted EBITDA 1 of $81.4 Million, Up 14.2% Year-Over-Year, Representing 34.2% of Total Revenues - - Strong Cash Flow from Operations of $41.5 Million - - Record Low Net Leverage Ratio of 0.01x at Quarter End - - Backlog Expands Year-Over-Year for the 30th Consecutive Quarter to a Record $1.04 Billion - - Board Approves 36% Increase in Quarterly Dividend, Expands Share Repurchase Program to $100 Million, Concludes Review of Strategic Alternatives and Affirms Commitment to Value Creation Strategy - - Strengthens Full Year 2024 Guidance Range - Miami, FL, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Tecnoglass, Inc. (NYSE: TGLS) (“Tecnoglass” or the “Company”), a leading producer of high-end aluminum and vinyl windows and architectural glass for the global residential and commercial end markets, today reported financial results for the third quarter ended September 30, 2024. José Manuel Daes, Chief Executive Officer of Tecnoglass, commented, “Our third quarter 2024 results once again demonstrate our ability to outperform in challenging market conditions, particularly in our single-family residential business.

Tecnoglass Reports Record Third Quarter 2024 Results

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

Tecnoglass (TGLS) Expected to Beat Earnings Estimates: Should You Buy?

- Only Company in the Materials Segment Recognized on the List - - Based on Revenue and Adjusted EPS Growth of 65% and Over 200%, Respectively, From 2021 to LTM June 2024 - Miami, FL, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Tecnoglass, Inc. (NYSE: TGLS) ("Tecnoglass" or the "Company"), a leading producer of high-end aluminum and vinyl windows and architectural glass for the global residential and commercial end markets, today announced it has been ranked by Fortune Magazine as the 27th fastest-growing company in the United States for 2024. The prestigious recognition is based on Tecnoglass' strong revenue growth, earnings per share growth, and three-year annualized return to shareholders for the period ended June 30, 2024.

Tecnoglass Named to Fortune's 100 Fastest-Growing Companies List

Miami, FL, Oct. 24, 2024 (GLOBE NEWSWIRE) -- Tecnoglass, Inc. (NYSE: TGLS) ("Tecnoglass" or the "Company"), a leading producer of high-end aluminum and vinyl windows and architectural glass for the global residential and commercial end markets, today announced it will release financial results for the third quarter 2024 before the market opens on Thursday, November 7, 2024. Management will host a webcast and conference call that same day at 10:00 a.m. Eastern time to review the Company's results.

Tecnoglass Sets Date for Third Quarter 2024 Results

TGLS experienced a 2.5% revenue decline in Q2 2024 due to weaker multifamily and commercial markets, but single-family residential revenue rose by 10.1%. Adjusted EBITDA margin dropped to 29.2% from 37.7% last year, impacted by lower volumes and higher SG&A expenses, with adjusted EPS at $0.86. Strong demand and record orders in the single-family residential market, along with a $1 billion backlog, are expected to drive revenue growth in 2024.

Tecnoglass: Improving Near-Term Outlook Makes This Stock A Good Buy Despite The Recent Run

Does Tecnoglass (TGLS) have what it takes to be a top stock pick for momentum investors? Let's find out.

What Makes Tecnoglass (TGLS) a Strong Momentum Stock: Buy Now?

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Here's Why Tecnoglass (TGLS) is a Great Momentum Stock to Buy

Tecnoglass benefits from a cost advantage due to its vertically integrated production in Colombia, leading to best-in-class margins and competitive pricing in the U.S. market. The company is poised to gain from the expected recovery in the U.S. construction market, supported by interest rate policy changes and strong market fundamentals. Expansion into vinyl windows offers significant growth potential, leveraging TGLS's existing distribution network and manufacturing capabilities to meet rising demand for energy-efficient solutions.

Tecnoglass: Take-Private Candidate With Strong Fundamentals

Miami, FL, Sept. 16, 2024 (GLOBE NEWSWIRE) -- Tecnoglass, Inc. (NYSE: TGLS) ("Tecnoglass" or the "Company"), a leading producer of high-end aluminum and vinyl windows and architectural glass for the global residential and commercial end markets, today announced that the Company will attend the following investor conferences:

Tecnoglass to Attend Upcoming Investor Conferences

Tecnoglass (TGLS) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.

Tecnoglass (TGLS) Is a Great Choice for 'Trend' Investors, Here's Why

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Miami, FL, Sept. 05, 2024 (GLOBE NEWSWIRE) -- Tecnoglass, Inc. (NYSE: TGLS) ("Tecnoglass" or the "Company"), a leading producer of high-end aluminum and vinyl windows and architectural glass for the global residential and commercial end markets, today announced that its Board of Directors has declared a quarterly dividend of $0.11 per share, or $0.44 per share on an annualized basis, for the third quarter of 2024. Shareholders of record as of the close of business on September 30, 2024 will be paid a dividend on October 31, 2024.

Tecnoglass Announces Third Quarter 2024 Dividend

If you are looking for stocks that are well positioned to maintain their recent uptrend, Tecnoglass (TGLS) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.

Here's Why Momentum in Tecnoglass (TGLS) Should Keep going

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Tecnoglass (TGLS) Is Up 5.03% in One Week: What You Should Know

Tecnoglass, Inc. (NYSE:TGLS ) Q2 2024 Earnings Conference Call August 8, 2024 10:00 AM ET Company Participants Brad Cray – IR Jose Manuel Daes - Chief Executive Officer Christian Daes - Chief Operating Officer Santiago Giraldo - Chief Financial Officer Conference Call Participants Sam Darkatsh - Raymond James Alex Rygiel - B. Riley Julio Romero - Sidoti & Company Tim Wojs – Baird Jean Ramirez - D.

Tecnoglass, Inc. (TGLS) Q2 2024 Earnings Call Transcript

Tecnoglass (TGLS) came out with quarterly earnings of $0.86 per share, beating the Zacks Consensus Estimate of $0.81 per share. This compares to earnings of $1.12 per share a year ago.

Tecnoglass (TGLS) Surpasses Q2 Earnings and Revenue Estimates

Miami, FL, July 31, 2024 (GLOBE NEWSWIRE) -- Tecnoglass, Inc. (NYSE: TGLS) ("Tecnoglass" or the "Company"), a leading producer of high-end aluminum and vinyl windows and architectural glass for the global residential and commercial end markets, is proud to announce that its ES Pivot Door has received multiple prestigious awards that highlight excellence in design and functionality. The ES Pivot Door has been recognized with two significant honors:

Tecnoglass' ES Pivot Door Receives Multiple Prestigious Industry Awards

Miami, FL, July 25, 2024 (GLOBE NEWSWIRE) -- Tecnoglass, Inc. (NYSE: TGLS) ("Tecnoglass" or the "Company"), a leading producer of high-end aluminum and vinyl windows and architectural glass for the global residential and commercial end markets, today announced it will release financial results for the second quarter 2024 before the market opens on Thursday, August 8, 2024. Management will host a webcast and conference call that same day at 10:00 a.m. Eastern time to review the Company's results.

Tecnoglass Sets Date for Second Quarter 2024 Results

Miami, FL, July 02, 2024 (GLOBE NEWSWIRE) -- Tecnoglass, Inc. (NYSE: TGLS) (“Tecnoglass” or the “Company”), a leading producer of high-end aluminum and vinyl windows and architectural glass for the global residential and commercial end markets, proudly announces that its ongoing advancements in its commitment to sustainability and carbon neutrality are reflected in having achieved carbon neutrality for years 2022 and 2023. This milestone underscores the Company's ongoing commitment to sustainability and its proactive efforts to reduce its environmental impact.

Tecnoglass Attains Carbon Neutrality, Reinforcing Its Commitment to Sustainable Practices

Tecnoglass (TGLS) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Strength Seen in Tecnoglass (TGLS): Can Its 21.6% Jump Turn into More Strength?

- Reiterates Full Year 2024 Outlook - Miami, FL, June 25, 2024 (GLOBE NEWSWIRE) -- Tecnoglass, Inc. (NYSE: TGLS) ("Tecnoglass" or the "Company"), a leading producer of high-end aluminum and vinyl windows and architectural glass for the global residential and commercial end markets, today announced that its Board of Directors is conducting a review of the Company's strategic alternatives with the assistance of outside financial and legal advisors. The Board of Directors is committed to acting in the best interests of the Company.

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