---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-030292"
form_type: "8-K"
ticker: "TGLS"
cik: "0001534675"
company_name: "Tecnoglass Inc."
filed_at: "2022-11-03T23:59:59+00:00"
generated_at: "2026-06-22T08:57:35.807183+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Tecnoglass Q3 revenue $201.8M (+53% YoY), raises FY2022 guidance; announces $50M buyback

## Summary
- Record revenue $201.8M (+53% YoY), gross margin 52.2% (up 1300 bps), net income $46.9M ($0.98 diluted EPS)
- Adj. EBITDA $78.5M (38.9% of revenue) more than doubled YoY; backlog $696.9M (+21.1% YoY)
- FY2022 guidance raised: revenue $680-700M, adj. EBITDA $240-255M (67% midpoint growth)
- Board authorizes $50M share repurchase; quarterly dividend increased 15% to $0.075/share
- Leverage at all-time low 0.4x net debt/LTM adj. EBITDA; liquidity ~$255M

## SEC filing metadata
- accession: 0001493152-22-030292
- form_type: 8-K
- ticker: TGLS
- cik: 0001534675
- company_name: Tecnoglass Inc.
- filed_at: 2022-11-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1534675/000149315222030292/0001493152-22-030292-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1534675/000149315222030292/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-030292
- JSON: https://secwatch.observer/filing/0001493152-22-030292.json
- Plain text: https://secwatch.observer/filing/0001493152-22-030292.txt

## Key facts
- Earnings Releases
  Tecnoglass Inc. reported the third quarter ended September 30, 2022 results: revenue $201.8 million, net income $46.9 million, EPS $0.98 per diluted share. Guidance raised.
  - Period: the third quarter ended September 30, 2022
  - Revenue: $201.8 million
  - Net income: $46.9 million
  - EPS: $0.98 per diluted share
  - Guidance: raised
  - Result: reported results
  source text: () --- EX-99.1 2 ex99-1.htm Exhibit 99.1 Tecnoglass Reports Record Third Quarter 2022 Results and Announces $50 Million Share Repurchase Program - Record Total Revenues of $201.8 Million, Up 53% Year-Over-Year - - Revenues Driven Entirely by Organic Growth in Both Single-Family Residential and Commercial Businesses - - Record Gross Margin of 52.2%, Up 1300 Basis
  evidence_url: https://www.sec.gov/Archives/edgar/data/1534675/000149315222030292/0001493152-22-030292-index.htm

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