{"schema_version":"secwatch.filing_event.v1","accession":"0001171843-23-004679","form_type":"8-K","ticker":"TPICQ","cik":"0001455684","company_name":"TPI COMPOSITES, INC","filed_at":"2023-07-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.985251+00:00","generated_at":"2026-06-13T02:17:18.884634+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 Composites warns of Q2 net loss $78-83M, cuts FY 2023 revenue guidance to $1.525-1.575B","bullets":["Preliminary Q2 2023 net sales ~$380M; net loss $78-83M; adjusted EBITDA loss $36-41M.","Records $30-35M warranty charge from single campaign with a current customer for blade quality issues.","Full-year 2023 revenue guidance reduced from $1.6-1.7B to $1.525-1.575B; adjusted EBITDA margin now < (1%) loss.","Utilization rate lowered to 80-85% from 85-90% due to inspection delays and reduced customer demand.","Hires Neil Jones as Chief Quality Officer effective August 1; ends Q2 with ~$170M cash."],"urls":{"canonical":"https://secwatch.observer/filing/0001171843-23-004679","json":"https://secwatch.observer/filing/0001171843-23-004679.json","markdown":"https://secwatch.observer/filing/0001171843-23-004679.md","text":"https://secwatch.observer/filing/0001171843-23-004679.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1455684/000117184323004679/0001171843-23-004679-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1455684/000117184323004679/f8k_072623.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T02:17:18.884634+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":"ccdb2c6fb244923d3737b524ff8542d12660b320","claim":"TPI COMPOSITES, INC reported second quarter ended June 30, 2023 results: revenue Approximately $380 million, net income Range of $78 million to $83 million loss. Guidance lowered.","evidence_excerpt":"footprint,” added Mr. Siwek. Second Quarter 2023 Selected, Preliminary Estimated Results For the second quarter ended June 30, 2023, we expect: Net Sales Approximately $380 million Net Loss Attributable to Common Stockholders Range of $78 million to $83 million loss Adjusted EBITDA (1) Range of $36 million to $41 million loss (1) See the attached table for","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1455684/000117184323004679/0001171843-23-004679-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter ended June 30, 2023"},{"label":"Revenue","value":"Approximately $380 million"},{"label":"Net income","value":"Range of $78 million to $83 million loss"},{"label":"Guidance","value":"lowered"},{"label":"Result","value":"preliminary results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}