---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-24-004609"
form_type: "8-K"
ticker: "TPICQ"
cik: "0001455684"
company_name: "TPI COMPOSITES, INC"
filed_at: "2024-08-08T23:59:59+00:00"
generated_at: "2026-05-31T10:48:46.284746+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# TPI Composites Q2 net sales $309.8M (-17.2%), adj EBITDA loss $24.9M; narrows 2024 margin guidance

## Summary
- Net loss from continuing ops $61.5M ($1.30 per share) vs $74.3M loss in prior year.
- Wind blade sets produced 473, down 28% YoY; utilization fell to 63% from 85%.
- Divested Automotive business and closed Nordex Matamoros plant on June 30.
- 2024 guidance: net sales $1.3B-$1.4B, adj EBITDA margin ~1% (previously 1%-3%).
- CEO expects positive free cash flow and profitability in second half of 2024.

## SEC filing metadata
- accession: 0001171843-24-004609
- form_type: 8-K
- ticker: TPICQ
- cik: 0001455684
- company_name: TPI COMPOSITES, INC
- filed_at: 2024-08-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1455684/000117184324004609/0001171843-24-004609-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1455684/000117184324004609/f8k_080824.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-24-004609
- JSON: https://secwatch.observer/filing/0001171843-24-004609.json
- Plain text: https://secwatch.observer/filing/0001171843-24-004609.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.