TPI Composites, Inc. Declares First Quarter 2017 Earnings Results

May 15 2017

TPI Composites, Inc. reported financial results for the first quarter ended March 31, 2017.

Highlights for the quarter ended March 31, 2017:
•Net sales of $191.6 million
•Total billings of $211.4 million
•Net income of $3.5 million or $0.10 per diluted share
•EBITDA of $12.5 million, with an EBITDA margin of 6.5%
•Adjusted EBITDA of $15.6 million, with an Adjusted EBITDA margin of 8.1%

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