secwatch.observer — SEC 8-K summary
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Issuer:     TPI COMPOSITES, INC (TPICQ)
CIK:        0001455684
Form:       8-K
Filed at:   2022-02-24T23:59:59+00:00
Accession:  0001171843-22-001323
Event type: earnings
Sentiment:  negative
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

TPI Composites Q4 2021 net loss $93.3M, adj. EBITDA -$28.3M; full-year loss $165.6M
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1455684/000117184322001323/0001171843-22-001323-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1455684/000117184322001323/f8k_022422.htm
  HTML page:      https://secwatch.observer/filing/0001171843-22-001323

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer