TPI Composites, Inc. (TPIC)
Market Cap | 112.50M |
Revenue (ttm) | 1.46B |
Net Income (ttm) | -177.61M |
Shares Out | 47.24M |
EPS (ttm) | -4.16 |
PE Ratio | n/a |
Forward PE | 18.48 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 260,318 |
Open | 2.480 |
Previous Close | 2.470 |
Day's Range | 2.330 - 2.480 |
52-Week Range | 1.630 - 12.530 |
Beta | 2.03 |
Analysts | Hold |
Price Target | 9.13 (+286.05%) |
Earnings Date | May 2, 2024 |
About TPIC
TPI Composites, Inc. manufactures and sells composite wind blades, and related precision molding and assembly systems to original equipment manufacturers (OEMs) in the United States, Mexico, Europe, the Middle East, Africa, and India. It also provides composite solutions for the automotive industry; and field service inspection and repair services comprising diagnostic, repair, and maintenance services for wind blades to OEM customers, and wind farm owners and operators. The company was formerly known as LCSI Holding, Inc. and changed its name ... [Read more]
Financial Performance
In 2023, TPI Composites's revenue was $1.46 billion, a decrease of -4.44% compared to the previous year's $1.52 billion. Losses were -$177.61 million, 43.0% more than in 2022.
Financial StatementsAnalyst Forecast
According to 10 analysts, the average rating for TPIC stock is "Hold." The 12-month stock price forecast is $9.13, which is an increase of 286.05% from the latest price.
News
TPI Composites, Inc. Announces First Quarter 2024 Earnings Release Date and Conference Call
SCOTTSDALE, Ariz., April 11, 2024 (GLOBE NEWSWIRE) -- TPI Composites, Inc. (“TPI”) (Nasdaq: TPIC) today announced that the company will release its first quarter 2024 results after the market close on...
Edward Hall Nominated to Join the Board of Directors of TPI Composites, Inc.
SCOTTSDALE, Ariz., April 09, 2024 (GLOBE NEWSWIRE) -- TPI Composites, Inc. (TPI) (Nasdaq: TPIC) announced today that Edward “Ned” Hall has been nominated to join its board of directors, and if elected...
TPI Composites, Inc. Publishes its Annual Sustainability Report Reaffirming Its Commitments to a Zero-Harm Culture and Carbon Neutrality
SCOTTSDALE, Ariz., March 28, 2024 (GLOBE NEWSWIRE) -- TPI Composites, Inc. (Nasdaq: TPIC), today published its 2023 sustainability report highlighting its progress on organizational and global impacts...
TPI Composites, Inc. Announces Fourth Quarter and Full Year 2023 Earnings Results; Enhanced Liquidity Position and Projects Improved Profitability for the Second Half of 2024
SCOTTSDALE, Ariz., Feb. 22, 2024 (GLOBE NEWSWIRE) -- TPI Composites, Inc. (Nasdaq: TPIC), today reported financial results for the fourth quarter and full year ended December 31, 2023.
TPI Composites, Inc. Announces Fourth Quarter and Full Year 2023 Earnings Release Date and Conference Call
SCOTTSDALE, Ariz., Feb. 01, 2024 (GLOBE NEWSWIRE) -- TPI Composites, Inc. (“TPI”) (Nasdaq: TPIC) today announced that the company will release its fourth quarter and full year 2023 results after the m...
TPI and GE Vernova Expand Contract in Mexico
SCOTTSDALE, Ariz., Jan. 11, 2024 (GLOBE NEWSWIRE) -- TPI Composites, Inc., (TPI) (Nasdaq: TPIC), a global company focused on innovative and sustainable solutions to decarbonize and electrify the world...
TPI Composites, Inc. Announces Refinancing Transaction with Oaktree, Significantly Strengthening Company's Liquidity Position and Enhancing Financial Flexibility
Improves liquidity by approximately $190 million Permanently reduces future obligations by up to $90 million SCOTTSDALE, Ariz., Dec. 14, 2023 (GLOBE NEWSWIRE) -- TPI Composites, Inc. (Nasdaq: TPIC) (“...
TPI Composites, Inc. Appoints Charles Stroo as Chief Operating Officer, Wind
SCOTTSDALE, Ariz., Nov. 27, 2023 (GLOBE NEWSWIRE) -- TPI Composites, Inc., (TPI) (Nasdaq: TPIC), announced today that it has appointed Charles (Chuck) Stroo as Chief Operating Officer, Wind, effective...
TPI Composites, Inc. Announces Third Quarter 2023 Earnings Results
SCOTTSDALE, Ariz., Nov. 02, 2023 (GLOBE NEWSWIRE) -- TPI Composites, Inc. (Nasdaq: TPIC), today reported financial results for the third quarter ended September 30, 2023.
TPI Composites, Inc. Announces Third Quarter 2023 Earnings Release Date and Conference Call
SCOTTSDALE, Ariz., Oct. 12, 2023 (GLOBE NEWSWIRE) -- TPI Composites, Inc. (“TPI”) (Nasdaq: TPIC) today announced that the company will release its third quarter 2023 results after the market close on ...
TPI Composites and University of Tennessee Knoxville Advance the Creation of Glass Fiber Yarns from Recycled Wind Turbine Blades
SCOTTSDALE, Ariz., Sept. 13, 2023 (GLOBE NEWSWIRE) -- TPI Composites, Inc., (TPI) (Nasdaq: TPIC) announced today that it has moved to the second phase of development with the University of Tennessee K...
TPI Composites Manufactures Structural Composites for the Development of the International® SuperTruck II
SCOTTSDALE, Ariz., Aug. 22, 2023 (GLOBE NEWSWIRE) -- TPI Composites, Inc., (TPI) (Nasdaq: TPIC) has partnered with Navistar, Inc. (“Navistar”) on an all composite cab, trailer box, and aero package fo...
TPI Composites, Inc. Announces Second Quarter 2023 Earnings Results – Agrees with GE to Expand Capacity in Mexico and Renews Focus on Quality
SCOTTSDALE, Ariz., Aug. 03, 2023 (GLOBE NEWSWIRE) -- TPI Composites, Inc. (Nasdaq: TPIC), today reported financial results for the second quarter ended June 30, 2023.
TPI Composites, Inc. Reports Preliminary Estimated Second Quarter 2023 Earnings Results and Provides Updated Guidance for 2023
SCOTTSDALE, Ariz., July 26, 2023 (GLOBE NEWSWIRE) -- TPI Composites, Inc. (Nasdaq: TPIC), today announced selected, preliminary estimated financial results for the second quarter ended June 30, 2023, ...
TPI Composites, Inc. Appoints Neil Jones as Chief Quality Officer
SCOTTSDALE, Ariz., July 20, 2023 (GLOBE NEWSWIRE) -- TPI Composites, Inc., (TPI) (Nasdaq: TPIC) announced today that it has hired Neil Jones as its Chief Quality Officer, effective August 1, 2023. In ...
TPI Composites, Inc. Announces Second Quarter 2023 Earnings Release Date and Conference Call
SCOTTSDALE, Ariz., July 13, 2023 (GLOBE NEWSWIRE) -- TPI Composites, Inc. (“TPI”) (Nasdaq: TPIC) today announced that the company will release its second quarter 2023 results after the market close on...
TPI Composites' Senior Director of Innovation and Technology, Stephen Nolet is a Contributing Author in “Grand Challenges in the Design, Manufacture, and Operation of Future Wind Turbine Systems”
SCOTTSDALE, Ariz., July 11, 2023 (GLOBE NEWSWIRE) -- Stephen Nolet, Senior Director of Innovation and Technology at TPI Composites, Inc., (TPI) (Nasdaq: TPIC) is a contributing author in the Wind Ener...
TPI Composites Adjourns Annual Meeting Until June 22, 2023
SCOTTSDALE, Ariz., May 30, 2023 (GLOBE NEWSWIRE) -- TPI Composites, Inc. (NASDAQ: TPIC) (“TPI” or the “Company”), a global company focused on innovative and sustainable solutions to decarbonize and el...
TPI Composites Sponsors Charles E. Shea High School to Attend the 2023 National KidWind Challenge
SCOTTSDALE, Ariz., May 15, 2023 (GLOBE NEWSWIRE) -- TPI Composites, Inc., (TPI) (Nasdaq: TPIC) has sponsored five students from Charles E. Shea High School (Shea High School) of Pawtucket, Rhode Islan...
TPI Composites, Inc. Announces First Quarter 2023 Earnings Results – Delivered Strong Top Line Growth, Met Earnings Plan and Strengthened Balance Sheet for Future Growth
SCOTTSDALE, Ariz., May 03, 2023 (GLOBE NEWSWIRE) -- TPI Composites, Inc. (Nasdaq: TPIC), today reported financial results for the first quarter ended March 31, 2023.
Bio-Inspired Lightweight EV Underbody Protection to Serve High Volume Commercial and Automotive Market Designed and Developed by TPI Composites and Helicoid Industries
SCOTTSDALE, Ariz., April 24, 2023 (GLOBE NEWSWIRE) -- TPI Composites, Inc., (TPI) (Nasdaq: TPIC) and Helicoid Industries Inc. collaborated to design a bio-inspired lightweight EV underbody protection ...
TPI Composites, Inc. Announces First Quarter 2023 Earnings Release Date and Conference Call
SCOTTSDALE, Ariz., April 12, 2023 (GLOBE NEWSWIRE) -- TPI Composites, Inc. (“TPI”) (Nasdaq: TPIC) today announced that the company will release its first quarter 2023 results after the market close on...
TPI Composites Publishes Annual Sustainability Report Highlighting its Contributions to Drive the Renewable Energy Transition Forward
SCOTTSDALE, Ariz., March 28, 2023 (GLOBE NEWSWIRE) -- TPI Composites, Inc., (Nasdaq: TPIC) announced today the release of its 2022 sustainability report spotlighting Environmental, Social, and Governa...
TPI Composites, Tex-Tech, and Carbon Rivers Partner in Turning End-of-Life Wind Blades to Liners for Cured in Place Pipe
SCOTTSDALE, Ariz., March 08, 2023 (GLOBE NEWSWIRE) -- TPI Composites, Inc., (TPI) (Nasdaq: TPIC) has partnered with Tex-Tech (Kernersville, NC) and Carbon Rivers (Knoxville, TN) in a pilot program to ...
TPI Composites Prices Upsized $115 Million Convertible Senior Notes Offering
SCOTTSDALE, Ariz., Feb. 28, 2023 (GLOBE NEWSWIRE) -- TPI Composites, Inc. (“TPI”) (Nasdaq: TPIC) announced today the pricing of its offering of $115.0 million aggregate principal amount of 5.25% conve...