financetom
Business
financetom
/
Business
/
Tecnoglass Q2 Adjusted Net Income, Operating Revenue Fall; Updates Full-Year Guidance
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
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

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Venture Global's Plaquemines plant to produce first LNG ahead of controversial long commissioning
Venture Global's Plaquemines plant to produce first LNG ahead of controversial long commissioning
Dec 13, 2024
HOUSTON (Reuters) - Venture Global LNG is on track to inaugurate liquefied natural gas (LNG) production at its Plaquemines export plant in Louisiana as soon as this week, LSEG data showed on Thursday. This will mark the first new U.S. plant in two years to produce the superchilled gas, beating Cheniere Energy's Corpus Christi midscale expansion project to market. It...
Fed approves Scotiabank bid to acquire voting shares in KeyCorp
Fed approves Scotiabank bid to acquire voting shares in KeyCorp
Dec 13, 2024
WASHINGTON/TORONTO (Reuters) - The U.S. Federal Reserve said on Thursday it had approved an application by Scotiabank to buy up to 14.99% of the voting shares in U.S. regional lender KeyCorp, as the Canadian bank looks to boost its exposure to developed markets. Scotiabank announced the $2.8 billion deal in August, which would also allow it to appoint two directors...
Market Chatter: Sycamore Partners Approaches Banks for Financing Walgreens Boots Alliance Buyout
Market Chatter: Sycamore Partners Approaches Banks for Financing Walgreens Boots Alliance Buyout
Dec 13, 2024
12:27 PM EST, 12/13/2024 (MT Newswires) -- Walgreens Boots Alliance's ( WBA ) potential buyer, Sycamore Partners, contacted banks including Bank of America ( BAC ) , JP Morgan (JPM) and Wells Fargo ( WFC ) to finance a deal over $10 billion, Sky News reported Friday. The transaction probably would pave the way for an onward sale of Boots,...
Amazon's Unionized Workers at Two New York City Facilities Vote to Authorize Strikes
Amazon's Unionized Workers at Two New York City Facilities Vote to Authorize Strikes
Dec 13, 2024
12:20 PM EST, 12/13/2024 (MT Newswires) -- Amazon.com's ( AMZN ) unionized workers at its JFK8 and DBK4 facilities in New York City have voted to authorize strikes, the International Brotherhood of Teamsters labor union representing them said Friday. The vote follows the company's refusal to recognize the workers' union and negotiate to address wage and safety concerns, the Teamsters...
Copyright 2023-2026 - www.financetom.com All Rights Reserved