TPI Composites, Inc. (TPIC) News
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TPIC News Highlights
- TPIC's 30 day story count now stands at 4.
- Over the past 10 days, the trend for TPIC's stories per day has been choppy and unclear. It has oscillated between 1 and 1.
- ARIZ, DEC and ADD are the most mentioned tickers in articles about TPIC.
Latest TPIC News From Around the Web
Below are the latest news stories about TPI COMPOSITES INC that investors may wish to consider to help them evaluate TPIC as an investment opportunity.
TPI and Nordex Extend and Expand Contract in TürkiyeSCOTTSDALE, Ariz., Dec. 19, 2023 (GLOBE NEWSWIRE) -- TPI Composites, Inc., (TPI) (Nasdaq: TPIC), a global company focused on innovative and sustainable solutions to decarbonize and electrify the world, announced today that it has extended and expanded its supply agreements with Nordex in Türkiye. Under the terms of the amended agreements, TPI will add two lines of manufacturing capacity bringing the total capacity under contract in Türkiye with Nordex to eight lines serving domestic and export m |
TPI Composites, Inc. Announces Refinancing Transaction with Oaktree, Significantly Strengthening Company’s Liquidity Position and Enhancing Financial FlexibilityImproves 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” or “the Company”) announced today that it has entered into a binding agreement (the “Agreement”) with funds managed by Oaktree Capital Management, L.P. (“Oaktree”) to refinance Oaktree’s outstanding Series A Preferred Stock holdings in the Company. The refinancing closed concurrently with the e |
3 Off-the-Beaten-Path Stocks Poised for Substantial GrowthAs horror film fans know, there’s safety in numbers but robust profitability may be more closer to the domain of uncommon stocks to buy for growth. |
3 Wind Stocks to Buy for a Sustainable and Profitable FutureGreen energy demands are predicted to accelerate. |
TPI Composites, Inc. Appoints Charles Stroo as Chief Operating Officer, WindSCOTTSDALE, 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 November 27, 2023. In his role, Chuck will lead TPI’s global wind manufacturing operations. Prior to joining TPI, Chuck served in multiple, global operational roles at Collins Aerospace, most recently as Vice President of Power & Controls Operations. Chuck started his career with Collins Aerospace |
A Key Supplier of Wind Blades Battles Big LossesIn a difficult year for clean energy companies, Arizona-based wind-blade manufacturer TPI Composites has had it among the worst. Quality problems forced TPI (ticker: TPIC) to repair wind blades it had already sold, leading to tens of millions of dollars worth of expected warranty charges. “Certainly, liquidity is concerning,” said Evercore analyst James West. |
News Flash: 12 Analysts Think TPI Composites, Inc. (NASDAQ:TPIC) Earnings Are Under ThreatToday is shaping up negative for TPI Composites, Inc. ( NASDAQ:TPIC ) shareholders, with the analysts delivering a... |
TPI Composites, Inc. (NASDAQ:TPIC) Q3 2023 Earnings Call TranscriptTPI Composites, Inc. (NASDAQ:TPIC) Q3 2023 Earnings Call Transcript November 2, 2023 TPI Composites, Inc. misses on earnings expectations. Reported EPS is $-1.71 EPS, expectations were $-0.62. Operator: Hello and welcome to the TPI Composites Third Quarter 2023 Earnings Conference Call. [Operator Instructions] Please note this event is being recorded. I would now like to […] |
TPI Composites (TPIC) Reports Q3 Earnings: What Key Metrics Have to SayAlthough the revenue and EPS for TPI Composites (TPIC) give a sense of how its business performed in the quarter ended September 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers. |
TPI Composites Inc (TPIC) Reports Q3 2023 Earnings, Net Sales Decrease by 3.0%Despite a challenging market, the company maintains a strong liquidity position with $161 million of unrestricted cash |