Tecnoglass Non-GAAP EPS of $0.50 beats by $0.11, the revenue of $131.82M beats by $2.45M

Tecnoglass Non-GAAP EPS of $0.50 beats by $0.11, the revenue of $131.82M beats by $2.45M

Date: March 3

Tecnoglass press release (NASDAQ:TGLS): Q4 Non-GAAP EPS of $0.50 beats by $0.11.

Revenue of $131.82M (+28.1% Y/Y) beats by $2.45M.

Adjusted EBITDA increased 65.7% year-over-year to a record $42.2 million, representing 32.0% of total revenues

Cash flow from operations of $23.8 million

FY22 Outlook: Revenues to grow to a range of $575 million to $600 million vs consensus of $558.92M and for adjusted EBITDA1 to increase to a range of $170 million to $190 million. This implies adjusted EBITDA growth of approximately 20% at the midpoint

Link: https://seekingalpha.com/news/3808998-tecnoglass-non-gaap-eps-of-0_50-beats-0_11-revenue-of-131_82m-beats-2_45m