earnings
confidence high
sentiment negative
materiality 0.80
TPI Composites Q4 2021 net loss $93.3M, adj. EBITDA -$28.3M; full-year loss $165.6M
TPI COMPOSITES, INC
2021-FY EPS reported
-$4.43
revenue$1,732,583,000
- Q4 net sales $389.5M, down 16.3% YoY; wind blade sales fell 18.7% to $362.3M.
- Q4 net loss $93.3M ($2.39 diluted loss per share) vs. net income $5.2M a year ago.
- Adjusted EBITDA for Q4 was -$28.3M (‑7.3% margin), down from $40.8M (8.8%) in 2020.
- Full-year 2021 net sales record $1.73B (+3.7%), but net loss $165.6M; adj. EBITDA $2.4M.
- 2022 guidance: 43 dedicated lines, utilization 80–85%, avg. blade price $170–180k, capex $25–30M.