Tecnoglass (TGLS) Declares $0.125 2nd Quarter Dividend at 4.7% Yield; Quarterly Dividend to Increase 12% Beginning in 3rd Quarter 2017

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Tecnoglass (TGLS) Tops Q1 EPS by 4c, Miss on Revenues; Offers FY17 Revenue Guidance

May 12, 2017 7:05 AM EDT

Tecnoglass (NASDAQ: TGLS) reported Q1 EPS of $0.15, $0.04 better than the analyst estimate of $0.11. Revenue for the quarter came in at $65.8 million versus the consensus estimate of $67.46 million.

GUIDANCE:

Tecnoglass sees FY2017 revenue of $360-390 million, versus the consensus of $368.2... More