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TPI Composites reports Q2 EPS ($1.90), consensus ($1.01)
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TPI Composites reports Q2 EPS ($1.90), consensus ($1.01)

Reports Q2 revenue $381.27M, consensus $389.53M. “I’m pleased to report that TPI and GE have reached an agreement in principle to amend their existing supply agreement in Mexico to add four new lines of capacity to produce blades for GE’s “workhorse” turbine in Juarez, with an initial term through 2025. TPI and GE expect to finalize this agreement in the third quarter,” said Bill Siwek, president, and CEO of TPI Composites.

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