Tecnoglass Expects FY23 Revenues To Be $830M-$855M, Vs $845.83M Consensus (Prior View: $810M-$850M)
Portfolio Pulse from Benzinga Newsdesk
Tecnoglass Inc. has raised its FY23 revenue forecast to $830M-$855M, compared to the consensus of $845.83M. The company also increased its Adjusted EBITDA forecast to a range of $320M-$335M, implying a growth of approximately 23% at the midpoint.
August 08, 2023 | 11:25 am
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Tecnoglass Inc. has raised its FY23 revenue and Adjusted EBITDA forecasts, which could positively impact its stock price.
Tecnoglass Inc. has raised its FY23 revenue and Adjusted EBITDA forecasts, which are both key indicators of a company's financial performance. This could lead to increased investor confidence and a potential rise in the company's stock price.
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