EschCollection/DigitalVision via Getty Images Investment Thesis Tecnoglass (NYSE:TGLS) is a regional market leader in the Southeast of the US (particularly in Florida) with two key differentiators: (i) a cost advantage enabled by its near-shored production base in Colombia, and evidenced by its best-in-class margins, and (ii) a vertically integrated production model, from aluminium extrusion and glass transformation, all the way to product design, distribution and installation. As a market leader in a cycli ...

While "the trend is your friend" when it comes to short-term investing or trading, timing entries into the trend is a key determinant of success. And increasing the odds of success by making sure the sustainability of a trend isn't easy. The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the stock ali ...

Miami, FL, Sept. 05, 2024 (GLOBE NEWSWIRE) -- Tecnoglass, Inc. (NYSE: TGLS) ("Tecnoglass" or the "Company"), a leading producer of high-end aluminum and vinyl windows and architectural glass for the global residential and commercial end markets, today announced that its Board of Directors has declared a quarterly dividend of $0.11 per share, or $0.44 per share on an annualized basis, for the third quarter of 2024. Shareholders of record as of the close of business on September 30, 2024 will be paid a divide ...

Most of us have heard the dictum "the trend is your friend." And this is undeniably the key to success when it comes to short-term investing or trading. But it isn't easy to ensure the sustainability of a trend and profit from it. The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the stock alive. Inv ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. While many investors like to look for momen ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (MARK ONE) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-35436 TECNOGLASS INC. (Exact Name of Registrant as Specified in Its Charter) Cayman Islands 98-1271120 (State or other jurisdiction ...

Second Quarter 2024 Earnings Conference Call Aug 8, 2024 – TECNOGLASS INC. (NYSE: TGLS) www.tecnoglass.com Disclaimer FORWARD LOOKING STATEMENTS This presentation includes certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding future financial performance, future growth and future acquisitions. These statements are based on Tecnoglass' current expectations or beliefs and are subject to uncertainty and changes in circumsta ...

Tecnoglass, Inc. (NYSE:TGLS) Q2 2024 Earnings Conference Call August 8, 2024 10:00 AM ET Company Participants Brad Cray – IR Jose Manuel Daes - Chief Executive Officer Christian Daes - Chief Operating Officer Santiago Giraldo - Chief Financial Officer Conference Call Participants Sam Darkatsh - Raymond James Alex Rygiel - B. Riley Julio Romero - Sidoti & Company Tim Wojs – Baird Jean Ramirez - D. A. Davidson Operator Good day, and welcome to the Tecnoglass, Inc. Second Quarter 2024 Earnings Conference Call. ...

Tecnoglass (TGLS) came out with quarterly earnings of $0.86 per share, beating the Zacks Consensus Estimate of $0.81 per share. This compares to earnings of $1.12 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 6.17%. A quarter ago, it was expected that this architectural glass maker would post earnings of $0.67 per share when it actually produced earnings of $0.66, delivering a surprise of -1.49%. Over the last four quarters, ...

Exhibit 99.1 Tecnoglass Reports Second Quarter 2024 Results - Revenue of $219.7 Million - - Strong Organic Growth in Single-Family Residential Revenue to a Record $95.7 Million - - Net Income of $35.0 Million, or $0.75 Per Diluted Share - - Adjusted Net Income of $40.5 Million, or $0.86 Per Diluted Share - - Adjusted EBITDA of $64.1 Million - - Strong Cash Flow from Operations of $34.5 Million, Representing 54% of Adjusted EBITDA - - All Time Record Low Net Leverage Ratio of 0.06x at Quarter End - - Backlog ...