TPI Composites, Inc. Provides Earnings Guidance for the Second Quarter Ended June 30, 2023
July 27, 2023 at 01:35 am IST
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TPI Composites, Inc. provided earnings guidance for the second quarter ended June 30, 2023. For the quarter, the company expects net sales approximately $380 million, Net loss attributable to common stockholders of $78 million to $83 million, net loss from continuing operations of $62 million to $67 million.
TPI Composites, Inc. is a manufacturer of composite wind blades for the wind energy market. The Companyâs geographic segments include the United States, Mexico, Europe, the Middle East and Africa and India. It enables wind turbine original equipment manufacturers (OEM) to outsource the manufacturing of a portion of their wind blades through its global footprint of advanced manufacturing facilities strategically located to serve wind markets. It also provides field service inspection and repair services to its OEM customers and wind farm owners and operators. Its field service inspection and repair services include diagnostic, repair and maintenance service offerings for wind blades that have been installed on wind turbines located at wind farms. It has produced precision molding and assembly systems, ranging from 30 meters to over 80 meters in length, to support its global operations. Its tooling solutions include precision wind blade patterns, precision molding and assembly systems.
TPI COMPOSITES, INC. 
