{"schema_version":"secwatch.filing_event.v1","accession":"0001171843-22-007071","form_type":"8-K","ticker":"TPICQ","cik":"0001455684","company_name":"TPI COMPOSITES, INC","filed_at":"2022-11-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:50.725021+00:00","generated_at":"2026-06-22T08:44:20.105248+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"TPI Q3 net loss $1.5M, Adj EBITDA $16.4M; plans China plant closure, strategic deals with Vestas, GE","bullets":["Net sales $459.3M (-4.2% YoY); net loss improved to $1.5M from $30.7M; diluted EPS -$0.39.","Adjusted EBITDA $16.4M vs $0.2M a year ago; margin 3.6%.","Cash $129.1M; net cash $67M, down from $167.5M at Dec 2021; free cash flow -$29.4M.","Plans to cease production at Yangzhou, China in Dec 2022; expects material restructuring charges in Q4.","Agreed in principle to long-term global framework with Vestas, GE Newton lease extension, and GE Mexico extension."],"urls":{"canonical":"https://secwatch.observer/filing/0001171843-22-007071","json":"https://secwatch.observer/filing/0001171843-22-007071.json","markdown":"https://secwatch.observer/filing/0001171843-22-007071.md","text":"https://secwatch.observer/filing/0001171843-22-007071.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1455684/000117184322007071/0001171843-22-007071-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1455684/000117184322007071/f8k_110322.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T08:44:20.105248+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"7fe7723183b5a7557dfba941acdf87c428a87274","claim":"TPI COMPOSITES, INC reported the third quarter ended September 30, 2022 results: revenue $459.3 million.","evidence_excerpt":"and either in operation, startup or transition during the period. Third Quarter 2022 Financial Results Net sales for the three months ended September 30, 2022, decreased 4.2% to $459.3 million as compared to $479.6 million in the same period in 2021 due to the following: Net sales of wind blades decreased by $25.7 million or 5.7% to $425.0 million for the three months","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1455684/000117184322007071/0001171843-22-007071-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the third quarter ended September 30, 2022"},{"label":"Revenue","value":"$459.3 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}