Record Q2 revenue and backlog were driven by double-digit growth in both residential and commercial segments, with strong geographic expansion and robust demand. Margins declined due to higher aluminum costs and a stronger Colombian peso, which was the main factor in reduced EBITDA guidance. Full-y…
Record Q2 revenue and backlog were driven by double-digit growth in both residential and commercial segments, with strong geographic expansion and robust demand. Margins were pressured by higher aluminum costs and a stronger Colombian peso, but automation and pricing actions are expected to offset…
Glass and windows manufacturer Tecnoglass NYSE:TGLSwill be announcing earnings results this Thursday before the bell. Here’s what you need to know.Tecnoglass beat analysts’ revenue expectations last quarter, reporting revenues of $249 million, up 12% year on year. It was a very strong quarter for t…
Tecnoglass Inc. TGLS is trying to protect profitability from a new 10% U.S. tariff on finished aluminum window imports without slowing its expansion. The near-term challenge is substantial because the tariff arrives alongside elevated aluminum costs and an unfavorable Colombian peso.Demand, however…