Sees adjusted EBITDA margin from continuing operations 0%-2%, down from previously 2%-4%; Utilization 80%-85%, based on 34 lines installed; and Capital Expenditures $25M-$30M.
Confident Investing Starts Here:
- Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TPIC:
- TPI Composites Faces Board Changes Amid Nasdaq Non-Compliance
- TPI Composites Faces Nasdaq Delisting Risk
- TPIC Upcoming Earnings Report: What to Expect?
- TPI Composites Faces Sell Rating Amid Macroeconomic Challenges and Debt Concerns
- Strategic Positioning and Cost-Cutting Measures Justify Buy Rating for TPI Composites Amid Renewable Energy Demand