---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-039433"
form_type: "8-K"
ticker: "TGLS"
cik: "0001534675"
company_name: "Tecnoglass Inc."
filed_at: "2023-11-06T23:59:59+00:00"
generated_at: "2026-06-08T19:58:18.335347+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Tecnoglass Q3 revenue up 4.4% to $210.7M; guides FY23 rev $835-848M, Adj. EBITDA $300-308M

## Summary
- Revenue $210.7M (+4.4% YoY); net income $46.1M ($0.97 diluted EPS); adjusted net income $46.6M ($0.98/share).
- Adjusted EBITDA $71.3M (33.8% margin) vs $78.5M (38.9%); gross margin 43% includes 660 bps FX impact.
- Record backlog $836M (+20% YoY); operating cash flow $51.3M (all-time high).
- FY23 outlook: revenue $835-848M (~17% growth at midpoint), Adj. EBITDA $300-308M (~14% growth).
- Repurchased $8.9M shares in Q3 and $11.2M after quarter end; $30M remaining under buyback program.

## SEC filing metadata
- accession: 0001493152-23-039433
- form_type: 8-K
- ticker: TGLS
- cik: 0001534675
- company_name: Tecnoglass Inc.
- filed_at: 2023-11-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1534675/000149315223039433/0001493152-23-039433-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1534675/000149315223039433/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-039433
- JSON: https://secwatch.observer/filing/0001493152-23-039433.json
- Plain text: https://secwatch.observer/filing/0001493152-23-039433.txt

## Key facts
- Earnings Releases
  Tecnoglass Inc. reported third quarter ended September 30, 2023 results: revenue $210.7 million, net income $46.1 million, EPS $0.97 per diluted share. Guidance initiated.
  - Period: third quarter ended September 30, 2023
  - Revenue: $210.7 million
  - Net income: $46.1 million
  - EPS: $0.97 per diluted share
  - Guidance: initiated
  - Result: reported results
  source text: () --- EX-99.1 2 ex99-1.htm Exhibit 99.1 Tecnoglass Reports Strong Third Quarter 2023 Results and Projects Double-Digit Top Line Growth in 2024 - Revenue Growth of 4.4% to $210.7 Million, Entirely Organic, Including a Record $87.8 Million in the Single-Family Residential End Market - - Quarterly Cash Flow from Operations at an All-Time High of $51.3 Million -
  evidence_url: https://www.sec.gov/Archives/edgar/data/1534675/000149315223039433/0001493152-23-039433-index.htm

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