TPI Composites has reported financial results for the fourth quarter and full year ended December 31, 2019. Highlights are:
For the quarter ended December 31, 2019
- Net sales of $422.1 million
- Total billings of $417.7 million
- Net loss of $0.9 million
- EBITDA of $20.1 million
- Adjusted EBITDA of $31.8 million
For the full year 2019:
- Net sales of $1,436.5 million
- Total billings of $1,387.2 million
- Net loss of $15.7 million
- EBITDA of $54.0 million
- Adjusted EBITDA of $81.9 million