Tecnoglass Non-GAAP EPS of $0.50 beats by $0.11, the revenue of $131.82M beats by $2.45M
Date: March 3
Tecnoglass press release (NASDAQ:TGLS): Q4 Non-GAAP EPS of $0.50 beats by $0.11.
Revenue of $131.82M (+28.1% Y/Y) beats by $2.45M.
Adjusted EBITDA increased 65.7% year-over-year to a record $42.2 million, representing 32.0% of total revenues
Cash flow from operations of $23.8 million
FY22 Outlook: Revenues to grow to a range of $575 million to $600 million vs consensus of $558.92M and for adjusted EBITDA1 to increase to a range of $170 million to $190 million. This implies adjusted EBITDA growth of approximately 20% at the midpoint