Tecnoglass reports record Q1 revenue $222.3M, up 15.4% YoY; raises FY2025 guidance

Tecnoglass Inc.

2025-Q1 EPS reported $0.90 revenue$222,288,000

Record Q1 revenue $222.3M (+15.4% YoY); net income $42.2M ($0.90 diluted EPS); adjusted EBITDA $70.2M (31.6% margin).
Gross margin expanded 510 bps to 43.9%; single-family residential revenue record $88.9M (+21.6% YoY); backlog record $1.14B (+24.9%).
Acquired Continental Glass Systems for ~$30M in April 2025; expands U.S. manufacturing and project backlog.
Raised FY2025 revenue outlook to $960M-$1.02B; narrowed Adjusted EBITDA outlook to $305M-$330M; expects tariff impacts to be offset by pricing/supply chain actions.
Strong cash position $157.3M (all-time high); $28.8M free cash flow; $7M dividends paid; $76.5M remaining buyback authorization.

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