09:04 AM EDT, 05/09/2024 (MT Newswires) -- Tecnoglass ( TGLS ) reported Q1 adjusted net income Thursday of $0.66 per diluted share, down from $1.08 a year earlier.

Analysts polled by Capital IQ expected $0.67.

Total operating revenue for the quarter ended March 31 was $192.6 million, down from $202.6 million a year earlier.

Analysts surveyed by Capital IQ expected $191 million.

For 2024, the window maker expects revenue of $875 million. Analysts polled by Capital IQ expect $899.5 million.

Tecnoglass ( TGLS ) shares were down nearly 4% in recent Thursday premarket activity.

Price: 50.00, Change: -1.91, Percent Change: -3.68