---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-008345"
form_type: "8-K"
ticker: "TGLS"
cik: "0001534675"
company_name: "Tecnoglass Inc."
filed_at: "2024-02-29T23:59:59+00:00"
generated_at: "2026-06-05T06:36:30.732472+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Tecnoglass reports record FY2023 revenue $833.3M, adj. EPS $3.98; raises dividend 22%

## Summary
- Full year revenue +16% to record $833.3M; net income $183.5M ($3.85 diluted EPS).
- Adj. EBITDA record $304.1M (36.5% of sales); Q4 revenue $194.6M (-7.8% YoY).
- Backlog expanded 20% YoY to record $870.1M; net leverage 0.1x at year end.
- Board approved 22% dividend increase to $0.11/share quarterly, payable Apr 30, 2024.
- Guides for double-digit revenue growth in FY2024; vinyl window shipments began Dec 2023.

## SEC filing metadata
- accession: 0001493152-24-008345
- form_type: 8-K
- ticker: TGLS
- cik: 0001534675
- company_name: Tecnoglass Inc.
- filed_at: 2024-02-29T23:59:59+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/1534675/000149315224008345/0001493152-24-008345-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1534675/000149315224008345/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-008345
- JSON: https://secwatch.observer/filing/0001493152-24-008345.json
- Plain text: https://secwatch.observer/filing/0001493152-24-008345.txt

## Key facts
- Earnings Releases
  Tecnoglass Inc. reported fourth quarter and full year ended December 31, 2023 results: revenue $194.6 million, net income $36.5 million, or $0.77 per diluted share, EPS $0.77 per diluted share.
  - Period: fourth quarter and full year ended December 31, 2023
  - Revenue: $194.6 million
  - Net income: $36.5 million, or $0.77 per diluted share
  - EPS: $0.77 per diluted share
  - Result: reported results
  source text: while taking advantage of the long-term opportunities we see across our end markets.” Fourth Quarter 2023 Results Total revenues for the fourth quarter of 2023 decreased 7.8% to $194.6 million compared to $211.1 million in the prior year quarter. Commercial activity performed in line with expectations given the projected timing of project deliveries. Single-family
  evidence_url: https://www.sec.gov/Archives/edgar/data/1534675/000149315224008345/0001493152-24-008345-index.htm

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