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Tecnoglass Inc. - TGLS STOCK NEWS

Welcome to our dedicated page for Tecnoglass news (Ticker: TGLS), a resource for investors and traders seeking the latest updates and insights on Tecnoglass stock.

Tecnoglass Inc. (TGLS) is a leading manufacturer and distributor of high-quality architectural glass and windows. Founded on April 18, 1994, the company began operations by producing tempered, laminated, insulated glass, and specialty products like bulletproof glazing and curved glass. Over the years, Tecnoglass has expanded its offerings to include Solar Control Low-E glass, catering to the growing demands for energy-efficient solutions.

The company's diverse portfolio is designed for installation in various structures, including hotels, residential buildings, commercial and corporate centers, airports, and hospitals. Tecnoglass products are used in floating facades, curtain walls, windows, doors, handrails, and interior dividers, highlighting their versatility and quality.

Tecnoglass Inc. generates the majority of its revenue from sales and installations in the United States, reflecting its strong market presence and demand for its premium products. The company is committed to competitive pricing, timely deliveries, and maintaining high standards of production quality.

In recent financial updates, Tecnoglass reported an adjusted net income and adjusted EBITDA, highlighting its stable financial condition. The company continually adapts to currency impacts by translating revenues at prevailing average foreign currency rates, ensuring accurate financial reporting and planning.

Recent Achievements and Partnerships:

  • Continuous product innovation and expansion into new markets.
  • Strong strategic partnerships enhancing product offerings and market reach.
  • Commitment to sustainability and energy efficiency with Solar Control Low-E glass.

Tecnoglass Inc. remains a pivotal player in the architectural glass and window industry, driven by its dedication to quality, innovation, and customer satisfaction.

Rhea-AI Summary
Tecnoglass, Inc. (NYSE: TGLS) to attend investor conferences: Zelman Virtual Housing Summit, Sidoti September Small Cap Conference, and D.A. Davidson 22nd Annual Diversified Industrials & Services Conference. Will present at Sidoti Conference on Sept 20 at 1:00 p.m. ET. Webcast available on company website.
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Tecnoglass declares quarterly dividend of $0.09 per share for Q3 2023
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Tecnoglass expands into vinyl window market, doubling addressable market and solidifying industry leader position.
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Tecnoglass, a leading manufacturer of architectural windows and glass, has announced the relocation of its global headquarters from Colombia to Miami, Florida. The move is aimed at strengthening the company's market presence and growth in the United States, which currently accounts for over 95% of its revenues. By relocating to the U.S., Tecnoglass aims to better serve its customers, respond to market dynamics, and pursue growth opportunities. The relocation is expected to enhance the company's eligibility for inclusion in U.S. based indexes and expand its reach with global investors.
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Tecnoglass, Inc. (NYSE: TGLS) reports record total revenues up 33.2% to $225.3 million in the second quarter of 2023. Adjusted EBITDA up 55.8% year-over-year to $85.0 million, representing 37.7% of total revenues. Backlog growth expands 19.4% year-over-year to an all-time high of $797 million. Increases full year 2023 growth outlook to adjusted EBITDA of $320 million to $335 million on total revenues of $830 million to $855 million.
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Tecnoglass, Inc. (TGLS) to release Q2 2023 financial results on August 8, 2023. Webcast and conference call at 10:00 a.m. Eastern time to review the results. Access webcast on Tecnoglass' website. Telephonic replay available until November 8, 2023.
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FAQ

What is the current stock price of Tecnoglass (TGLS)?

The current stock price of Tecnoglass (TGLS) is $77.04 as of February 5, 2025.

What is the market cap of Tecnoglass (TGLS)?

The market cap of Tecnoglass (TGLS) is approximately 3.7B.

What is Tecnoglass Inc.?

Tecnoglass Inc. (TGLS) is a leading manufacturer and distributor of high-quality architectural glass and windows.

When was Tecnoglass Inc. founded?

Tecnoglass Inc. began operations on April 18, 1994.

What types of products does Tecnoglass offer?

Tecnoglass offers tempered, laminated, insulating, Solar Control Low-E glass, bulletproof glazing, and curved glass.

Where are Tecnoglass products installed?

Tecnoglass products are installed in hotels, residential buildings, commercial centers, airports, hospitals, and more.

What is Solar Control Low-E glass?

Solar Control Low-E glass is a type of energy-efficient glass that helps in reducing heat gain and loss, contributing to energy savings.

Where does Tecnoglass generate the majority of its revenue?

The majority of Tecnoglass revenue comes from sales and installations in the United States.

What recent financial achievements has Tecnoglass reported?

Tecnoglass reported adjusted net income and adjusted EBITDA in its latest financial updates.

How does Tecnoglass handle currency impacts?

Tecnoglass translates current quarter revenues at prevailing average foreign currency rates to accurately reflect financial impacts.

What are some recent achievements of Tecnoglass?

Recent achievements include continuous product innovation, expansion into new markets, and strategic partnerships.

What is Tecnoglass's commitment to sustainability?

Tecnoglass is committed to sustainability by offering products like Solar Control Low-E glass, which enhance energy efficiency.
Tecnoglass Inc.

NYSE:TGLS

TGLS Rankings

TGLS Stock Data

3.65B
23.80M
49.36%
47.32%
3.38%
Building Materials
Flat Glass
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United States of America
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