Tecnoglass Raised FY24 Revenue Outlook To $860M-$910M (From $875M) Vs. $874.99M Est., Adj. EBITDA To $260M-$285M (From $267M)
Portfolio Pulse from Benzinga Newsdesk
Tecnoglass has raised its FY24 revenue outlook to $860M-$910M from $875M, and adjusted EBITDA to $260M-$285M from $267M, surpassing the $874.99M estimate.
August 08, 2024 | 11:09 am
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Tecnoglass has raised its FY24 revenue outlook to $860M-$910M from $875M, and adjusted EBITDA to $260M-$285M from $267M, surpassing the $874.99M estimate.
The raised revenue and EBITDA outlooks indicate strong future performance, likely boosting investor confidence and positively impacting the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100