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Tecnoglass Q2 Adjusted Net Income, Operating Revenue Fall; Updates Full-Year Guidance
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Tecnoglass Q2 Adjusted Net Income, Operating Revenue Fall; Updates Full-Year Guidance
Aug 8, 2024 6:48 AM

09:18 AM EDT, 08/08/2024 (MT Newswires) -- Tecnoglass ( TGLS ) reported Q2 adjusted net income Thursday of $0.86 per diluted share, down from $1.12 a year earlier.

Analysts polled by Capital IQ expected $0.83.

Total operating revenue for the quarter ended June 30 was $219.7 million, down from $225.3 million a year earlier.

Analysts surveyed by Capital IQ expected $219.3 million.

The company said it now expects 2024 revenue of $860 million to $910 million, compared with its previous outlook of $875 million. Analysts surveyed by Capital IQ expect $875 million.

Price: 47.58, Change: -0.02, Percent Change: -0.04

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