Tecnoglass (TGLS) Misses Q2 EPS by 8c

Tecnoglass (NASDAQ: TGLS) reported Q2 EPS of $0.14, $0.08 worse than the analyst estimate of $0.22. Revenue for the quarter came in at $77.5 million versus the consensus estimate of $69.43 million.

The Company now expects Adjusted EBITDA to increase to a range of $70 to $75 million, implying roughly 32% growth at the midpoint, compared to $55 million in 2015 excluding foreign currency transaction gain and losses.

For earnings history and earnings-related data on Tecnoglass (TGLS) click here.

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