Brief: Tecnoglass Reports Q4 Earnings Per Share $0.03

Tecnoglass Holdings

14/03/2018 11:53

March 14 (Reuters) - Tecnoglass Inc  TGLS.O :
    * TECNOGLASS REPORTS FOURTH QUARTER AND FULL YEAR 2017
RESULTS
    * Q4 ADJUSTED EARNINGS PER SHARE $0.08
    * Q4 EARNINGS PER SHARE $0.03
    * Q4 REVENUE ROSE 5 PERCENT TO $84.3 MILLION
    * IN 2018, ANTICIPATES REVENUES TO GROW TO A RANGE OF $345.0
TO
$365.0 MILLION
    * "‍INTO 2018, WE ARE ENCOURAGED BY A RECORD BACKLOG OF $499
MILLION"​
    * EXPECTS ADJUSTED EBITDA IN 2018 TO BE IN RANGE OF $71.0
MILLION
TO $81.0 MILLION
    * TECNOGLASS - ‍FOR FY18 EXPECTS TO SEE GROWTH IN COMMERCIAL
CONSTRUCTION MARKETS AND ADDITIONAL MARKET SHARE GAINS IN U.S.,
COLOMBIAN AND OTHER LATIN AMERICAN MARKETS​
    * TECNOGLASS - BASED ON PRELIMINARY RESULTS IN FIRST 2
MONTHS OF
2018, EXPECTS REVENUES & ADJUSTED EBITDA TO GROW WITHIN RANGE OF
28% TO 32% Y-O-Y IN Q1 2018

Source text for Eikon:  ID:nGNX3Gf0kd 
Further company coverage:  TGLS.O 

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