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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 · FY2024 Q1

Tpi Composites, Inc (TPICQ) Q1 2024 Earnings Call

Concluded May 2, 2024
May 2, 2024 0 turns
Period
FY2024 Q1
Runtime
—
Sources
2 artifacts
Revenue $294.05M -27.2% YoY
Diluted EPS -$1.30
Gross margin -9.4% -10.1 pp YoY
Net income -$61.47M
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 May 2, 2024.

Metric Guided
Utilization % table Maintained
Full Year 2024
75% – 80%
Capital Expenditures table Maintained
Full Year 2024
$25M – $30M
Utilization Percentage
2024
75% – 80%

Quarter detail

How the reported period landed and where the business moved.

Revenue · segments

Mexico Segment$152.46M -1.4% YoY
Europe, Middle East and Africa Segment$96.63M -42.3% YoY
India Segment$40.76M -38.5% YoY
United States Segment$4.20M -73.1% YoY

Capital returned

Buybacks
$1.64M
Full-screen source Call document