Brief: TPI Composites, Inc Announces New Long-Term Supply Agreement With Nordex, And Extends Proterra Supply Agreement

TPI Composites

22/07/2021 21:47

July 22 (Reuters) - TPI Composites Inc  TPIC.O :
    * TPI COMPOSITES, INC. REPORTS PRELIMINARY ESTIMATED SECOND
QUARTER 2021 EARNINGS RESULTS, PROVIDES UPDATED GUIDANCE FOR
2021, ANNOUNCES NEW LONG-TERM SUPPLY AGREEMENT WITH NORDEX, AND
EXTENDS PROTERRA SUPPLY AGREEMENT
    * SEES PRELIMINARY Q2 NET SALES $458.8 MILLION
    * SEES FY 2021 NET SALES TO BE $1.75 BILLION TO $1.80
BILLION
    * SEES FY 2021 ADJUSTED EBITDA TO BE $70 MILLION TO $85
MILLION
    * SEES PRELIMINARY Q2 ADJUSTED EBITDA $17.4 MILLION
    * Q2 REVENUE VIEW $429.4 MILLION -- REFINITIV IBES DATA
    * FY2021 REVENUE VIEW $1.80 BILLION -- REFINITIV IBES DATA

Source text for Eikon:  ID:nGNX9St4Nt 
Further company coverage:  TPIC.O 

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