---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-018326"
form_type: "8-K"
ticker: "TGLS"
cik: "0001534675"
company_name: "Tecnoglass Inc."
filed_at: "2024-05-09T23:59:59+00:00"
generated_at: "2026-06-02T05:44:28.626617+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Tecnoglass Q1 revenue down 4.9% to $192.6M; Adj. EBITDA $51.0M (26.5%); backlog record $916M; FY2024 base revenue $875M

## Summary
- Revenue $192.6M (-4.9% YoY); net income $29.7M ($0.63 diluted) vs $48.2M ($1.01) prior year.
- Adjusted EBITDA $51.0M (26.5% margin) vs $85.8M (42.4%) YoY; gross margin 38.8% vs 53.2% due to FX and mix.
- Backlog record $916M (+18% YoY); single-family residential orders in March-April at all-time high, up >12% YoY.
- FY2024 base case: revenue $875M, Adj. EBITDA $267M; scenarios 2%-9% revenue growth.
- Net leverage 0.1x record low; cash from ops $33.4M; $26M share repurchase remaining.

## SEC filing metadata
- accession: 0001493152-24-018326
- form_type: 8-K
- ticker: TGLS
- cik: 0001534675
- company_name: Tecnoglass Inc.
- filed_at: 2024-05-09T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/1534675/000149315224018326/0001493152-24-018326-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1534675/000149315224018326/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-018326
- JSON: https://secwatch.observer/filing/0001493152-24-018326.json
- Plain text: https://secwatch.observer/filing/0001493152-24-018326.txt

## Key facts
- Earnings Releases
  Tecnoglass Inc. reported the first quarter ended March 31, 2024 results: revenue $192.6 million, net income $29.7 million, or $0.63 per diluted share, EPS $0.63 per diluted share.
  - Period: the first quarter ended March 31, 2024
  - Revenue: $192.6 million
  - Net income: $29.7 million, or $0.63 per diluted share
  - EPS: $0.63 per diluted share
  - Result: reported results
  source text: Tecnoglass Reports First Quarter 2024 Results - Revenue of $192.6 Million - - Net Income of $29.7 Million, or $0.63 Per Diluted Share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1534675/000149315224018326/0001493152-24-018326-index.htm

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