Tpi Composites, Inc Q1 FY2024 Earnings Call

Tpi Composites, Inc (TPICQ)

Earnings Call FY2024 Q1 Call date: 2024-05-02 Concluded

Quarter scorecard

Revenue

$294.05M

-27.2% YoY

Diluted EPS

$-1.30

Gross margin

-9.4%

-10.1 pp YoY

Net income

Mexico Segment $152.46M

-1.4%

Europe, Middle East and Africa Segment $96.63M

-42.3%

India Segment $40.76M

-38.5%

United States Segment $4.20M

-73.1%

Buybacks

$1.64M