09:49 AM EST, 11/06/2025 (MT Newswires) -- Tecnoglass ( TGLS ) shares were down 3.5% in early Thursday trading after the company posted lower Q3 adjusted income and revised its 2025 revenue forecast.

The building materials maker reported Q3 adjusted net income early Thursday of $1.00 per diluted share, down from $1.08 a year earlier.

Analysts polled by FactSet expected $1.11.

Total operating revenue for the quarter ended Sept. 30 was $260.5 million, up from $238.3 million a year earlier.

Analysts surveyed by FactSet expected $264.6 million.

The company said it now expects 2025 revenue of $970 million to $990 million. That compares with its previous guidance of $980 million to $1.02 billion.

Analysts polled by FactSet expect $1 billion.

Price: 53.96, Change: -1.95, Percent Change: -3.49