---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-027099"
form_type: "8-K"
ticker: "TGLS"
cik: "0001534675"
company_name: "Tecnoglass Inc."
filed_at: "2023-08-08T23:59:59+00:00"
generated_at: "2026-06-12T01:47:14.911592+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Tecnoglass Q2 record revenue $225.3M (+33.2%); raises FY2023 guidance

## Summary
- Net income $52.6M ($1.10 diluted EPS); adjusted EPS $1.12; adjusted EBITDA $85.0M (37.7% of revenue).
- Gross margin 48.7% (+520 bps) on higher volume, favorable pricing, and automation efficiencies.
- Backlog record $797M (+19.4% YoY); operational capacity expanded 40% to ~$1B annual revenue.
- FY2023 outlook raised: revenue $830-855M, adjusted EBITDA $320-335M; net debt leverage at 0.2x.
- Quarterly dividend $0.09/share paid July 31; annual tax payment of $56.5M impacted operating cash flow.

## SEC filing metadata
- accession: 0001493152-23-027099
- form_type: 8-K
- ticker: TGLS
- cik: 0001534675
- company_name: Tecnoglass Inc.
- filed_at: 2023-08-08T23:59:59+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/1534675/000149315223027099/0001493152-23-027099-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1534675/000149315223027099/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-027099
- JSON: https://secwatch.observer/filing/0001493152-23-027099.json
- Plain text: https://secwatch.observer/filing/0001493152-23-027099.txt

## Key facts
- Earnings Releases
  Tecnoglass Inc. reported second quarter ended June 30, 2023 results: revenue $225.3 million, net income $52.6 million, EPS $1.10 per diluted share. Guidance raised.
  - Period: second quarter ended June 30, 2023
  - Revenue: $225.3 million
  - Net income: $52.6 million
  - EPS: $1.10 per diluted share
  - Guidance: raised
  - Result: reported results
  source text: reference in such document. --- EX-99.1 () --- EX-99.1 2 ex99-1.htm Exhibit 99.1 Tecnoglass Reports Record Second Quarter 2023 Results - Record Total Revenues Up 33.2% to $225.3 Million - - Strong Organic Growth in Both Multifamily/Commercial and Single-Family Residential Businesses - - Gross Margin of 48.7%, Up 520 Basis Points Year-Over-Year - - Net Income of
  evidence_url: https://www.sec.gov/Archives/edgar/data/1534675/000149315223027099/0001493152-23-027099-index.htm

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