TPI Composites, Inc. Withdrawing Financial Guidance for 2020 Due to Uncertainty Relating to COVID-19
TPI Composites, Inc. (TPIC)
Last tpi composites, inc. earnings: 2/27 04:01 pm
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US:NASDAQ Investor Relations:
tpicomposites.com/english/investors/default.aspx
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Source: GlobeNewswire
SCOTTSDALE, Ariz., April 23, 2020 (GLOBE NEWSWIRE) -- TPI Composites, Inc. (Nasdaq: TPIC), the only independent manufacturer of composite wind blades with a global footprint, announced today that as a result of the uncertainty relating to: (i) the rapidly evolving nature, magnitude and duration of the COVID-19 pandemic, (ii) the variety of measures implemented by governments around the world to address its effects and (iii) the impact on its manufacturing operations, TPI is withdrawing its financial guidance issued on February 27, 2020 for the fiscal year ending December 31, 2020 and subsequently updated on April 3, 2020. As a result, although customer demand currently remains strong, TPI cannot currently forecast or quantify with reasonable accuracy the full duration and financial magnitude of the impact of the COVID-19 pandemic. TPI will provide an update on the impact of COVID-19 on its liquidity, business operations, financial condition and results of operations in its first qua
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News
- TPI Composites, Inc. (NASDAQ: TPIC) had its "underweight" rating re-affirmed by analysts at Morgan Stanley. They now have a $2.00 price target on the stock, down previously from $4.00.MarketBeat
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TPIC
Earnings
- 11/7/24 - Miss
TPIC
Sec Filings
- 11/14/24 - Form 4
- 11/14/24 - Form 3
- 11/14/24 - Form SC
- TPIC's page on the SEC website