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Tpi Composites Inc   (TPIC)
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Price: $2.7400 $0.05 1.670%
Day's High: $2.84 Week Perf: 5.38 %
Day's Low: $ 2.67 30 Day Perf: 3.01 %
Volume (M): 742 52 Wk High: $ 13.24
Volume (M$): $ 2,034 52 Wk Avg: $5.27
Open: $2.76 52 Wk Low: $1.63



 Market Capitalization (Millions $) 117
 Shares Outstanding (Millions) 43
 Employees 10,000
 Revenues (TTM) (Millions $) 1,385
 Net Income (TTM) (Millions $) -249
 Cash Flow (TTM) (Millions $) 35
 Capital Exp. (TTM) (Millions $) 23

Tpi Composites Inc
TPI Composites Inc. is a leading manufacturer of composite wind blades for the wind energy industry, serving customers in the United States, Europe, Asia, and the Middle East. TPI Composites Inc. is headquartered in Scottsdale, Arizona and has manufacturing facilities in the United States, China, Mexico, and Turkey. The company employs approximately 6,700 people worldwide.

TPI Composites Inc. was founded in 1968 as Transportation Products Industries, Inc. and initially focused on manufacturing large-scale transportation products such as truck bodies and trailers. In the early 1990s, the company began exploring new markets for its composite materials expertise, including wind energy. Today, TPI Composites Inc. is one of the largest manufacturers of wind blades in the world, producing over 50,000 blades annually.

TPI Composites Inc. specializes in the design, engineering, and manufacturing of wind blades for the wind energy industry. The company's technologically advanced blades are designed to be lighter, stronger, and more durable than traditional steel blades, resulting in improved turbine performance and increased energy output. TPI Composites Inc. prides itself on its ability to provide innovative solutions to its customers, leveraging its deep technical knowledge and vast experience in composite materials.

TPI Composites Inc. has built a strong reputation for excellence in the wind energy industry, earning numerous awards and accolades for its products and services. The company's commitment to quality, safety, and environmental sustainability is evident in all aspects of its operations, from product design and manufacturing to supply chain management and customer service.

In addition to wind blades, TPI Composites Inc. also manufactures composite products for industrial and transportation markets. These products include composite bus bodies, automotive components, and composite utility poles.

Overall, TPI Composites Inc. is a highly innovative and successful company that has established itself as a leader in the wind energy industry. With a strong focus on customer needs, technical excellence, and environmental responsibility, TPI Composites Inc. is well positioned for continued growth and success in the years to come.


   Company Address: 9200 E. Pima Center Parkway, Scottsdale 85258 AZ
   Company Phone Number: 305-8910   Stock Exchange / Ticker: NASDAQ TPIC
   


   

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Product Service News

TPI Composites and GE Vernova Collaborate to Revolutionize Wind Energy Manufacturing in Mexico

Published Thu, Jan 11 2024 9:06 PM UTC

TPI Composites, a leading global company dedicated to pioneering innovative and sustainable solutions to decarbonize and electrify the world, has officially announced an enhanced partnership with GE Vernova in Mexico. This significant collaboration aims to expand the production of GE Vernova's workhorse wind turbine blades for the US market. With the addition of new producti...

Contract

TPI Composites and Nordex Join Forces to Power Up Trkiye's Wind Energy Potential

Published Tue, Dec 19 2023 1:01 PM UTC


In a strategic move to strengthen its market position and expand its manufacturing capabilities, TPI Composites, Inc. (TPI), a leading global provider of innovative and sustainable solutions for decarbonization and electrification, has recently announced the extension and expansion of its supply agreements with Nordex in Trkiye. This collaborative effort aims at meeting...

Tpi Composites Inc

Revised headline: Tpi Composites Inc Faces Challenging Q3 2023 Earnings Season with Weak Sales and Declining Revenue2.

NEWS REPORT: Tpi Composites Inc Reports Financial Results for Q3 2023
Tpi Composites Inc, a leading manufacturer of composite wind blades for the wind energy industry, has reported its financial results for the third quarter of 2023. The company experienced a significant expansion of diminishing returns, with a loss of $1.71 per share, compared to a loss of $0.39 per share in the same period last year. However, the company did see an improvement in earnings per share, which increased from a loss of $1.90 per share in the previous reporting season.
The revenue for the third quarter of 2023 significantly declined by 18.717% to $372.82 million, compared to $458.67 million in the same reporting season a year ago. Sequentially, the revenue also decreased by 2.05% from $380.63 million. This decline in revenue indicates a challenging operating environment for Tpi Composites Inc.

Tpi Composites Inc

Tpi Composites Inc Demonstrates Resilience and Defies Market Trends with Strong Revenue Growth

Despite the challenging financial time-frame closing June 30, 2023, Tpi Composites Inc has demonstrated resilience and a strong growth potential in the market. Although the company experienced an increase in loss per share compared to the previous year, it is important to consider the overall performance and future prospects.
The revenue decrease of -15.832% may be a cause for concern, but it is crucial to note that this decline is reflective of the wider Auto & Truck Parts sector. In comparison to its counterparts in the industry, Tpi Composites Inc has actually recorded a noteworthy revenue gain of 11.25% in the second quarter of 2023, defying the broader trend. This indicates the company's ability to navigate the challenges and still generate positive results.

Tpi Composites Inc

Tpi Composites Inc Reports Alarming $-0.88 per Share Loss in Q1 2023, Raises Concerns for Investors

Tpi Composites Inc, a leading producer of composite wind blades for the wind energy industry, has reported a net loss of $-104 million over the past 12 months ending in the first quarter of 2023. This has resulted in a negative return on equity (ROE) of -119.33%, which is a concerning trend for investors.
The company has struggled to keep up with its competitors in the Auto & Truck Parts industry, as 11 other companies have managed to achieve a higher return on equity. Their total ranking has also deteriorated, falling from 860 in the third quarter of 2022 to a lower position in 2023.






 

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