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TPICQ $0.01
TPICQ · Tpi Composites, Inc
Track TPICQ — free
$0.01 At close · Jul 6
Market Cap
$316,977
Shares
48.77M
Volume · Jul 6 606.9K Avg daily vol (1 sessions) 606.9K
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Earnings call · FY2023 Q2

Tpi Composites, Inc (TPICQ) Q2 2023 Earnings Call

Concluded Aug 3, 2023
Aug 3, 2023 0 turns
Period
FY2023 Q2
Runtime
—
Sources
2 artifacts
Revenue $374.02M -4.7% YoY
Diluted EPS -$1.90
Gross margin -10.9% -10.6 pp YoY
Net income -$65.24M
Open full screen 8-K 10-Q

Executive readout · one minute

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Forward guidance

3 guided metrics

Management's latest ranges and targets are included below.

Research coverage

2 live sources

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Research materials

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Forward guidance

From the 8-K filed Aug 3, 2023.

Metric Guided Actual
Net Sales from Continuing Operations table
full year ending December 31, 2023
$1.53B – $1.58B $863.92M below
Utilization % table Maintained
full year ending December 31, 2023
80% – 85% —
Capital Expenditures table Maintained
full year ending December 31, 2023
$40M – $45M —

Quarter detail

How the reported period landed and where the business moved.

Revenue · segments

Mexico Segment$166.98M -13% YoY
Europe, Middle East and Africa Segment$134.58M +3.8% YoY
India Segment$63.35M +26.1% YoY
United States Segment$9.11M -55.9% YoY

Capital returned

Buybacks · derived
$34,000
Shares repurchased
3,029
Full-screen source Call document