{"schema_version":"secwatch.filing_event.v1","accession":"0001171843-24-000913","form_type":"8-K","ticker":"TPICQ","cik":"0001455684","company_name":"TPI COMPOSITES, INC","filed_at":"2024-02-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.235403+00:00","generated_at":"2026-06-05T19:01:07.693961+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"TPI Composites Q4 2023 net income $11.6M, guides 2024 adjusted EBITDA margin 1-3%","bullets":["Q4 2023 net sales $297.0M (down 26.2% YoY); net income $11.6M vs loss $41.9M in Q4 2022.","Adjusted EBITDA loss $28.1M in Q4 2023 vs gain $21.2M in Q4 2022; full-year loss $85.9M.","Refinanced Oaktree's Series A Preferred into senior secured term loan, adding ~$190M liquidity and reducing up to $90M in future obligations.","Extended and expanded supply agreements with Nordex in Turkey and GE Vernova in Mexico during Q4.","2024 guidance: net sales $1.3-1.4B, adjusted EBITDA margin 1-3%, utilization 75-80%, capex $25-30M."],"urls":{"canonical":"https://secwatch.observer/filing/0001171843-24-000913","json":"https://secwatch.observer/filing/0001171843-24-000913.json","markdown":"https://secwatch.observer/filing/0001171843-24-000913.md","text":"https://secwatch.observer/filing/0001171843-24-000913.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1455684/000117184324000913/0001171843-24-000913-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1455684/000117184324000913/f8k_022224.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T19:01:07.693961+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":"4e8e43d17b26545448400900ebcab18f297ef348","claim":"TPI COMPOSITES, INC reported the fourth quarter and full year ended December 31, 2023 results: revenue $297.0 million, net income $11.6 million, EPS $0.27.","evidence_excerpt":"industry, we believe we are in excellent position to deliver for our customers and shareholders.” Fourth Quarter 2023 Results and Recent Business Highlights Net Sales totaled $297.0 million for the three months ended December 31, 2023, a decrease of 26.2% over the same period last year. Net Income from continuing operations attributable to common stockholders was","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1455684/000117184324000913/0001171843-24-000913-index.htm","confidence":0.92,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter and full year ended December 31, 2023"},{"label":"Revenue","value":"$297.0 million"},{"label":"Net income","value":"$11.6 million"},{"label":"EPS","value":"$0.27"},{"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"}