Anuncio • Mar 27
TPI Composites, Inc Files Form 15 TPI Composites, Inc. has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its Common Stock, par value $0.01 under the Securities Exchange Act of 1934, as amended. Anuncio • Sep 26
TPI Composites Announces Delisting of Common Stock from the Nasdaq Stock Market The Nasdaq Stock Market announced that it will delist the common stock of TPI Composites, Inc. TPI Composites, Inc.’s stock was suspended on August 19, 2025 and has not traded on Nasdaq since that time. Anuncio • Aug 19
TPI Composites, Inc.(OTCPK:TPIC.Q) dropped from NASDAQ Composite Index TPI Composites, Inc. has been dropped from the Nasdaq Composite Index. Anuncio • Aug 12
TPI Composites, Inc. Filed for Bankruptcy TPI Composites, Inc. along with its 21 affiliates, filed a voluntary petition for reorganization under Chapter 11 in the US Bankruptcy Court for the Southern District of Texas on August 11, 2025. The debtor listed its assets in the range of $500 million to $1 billion and liabilities in the range of $1 billion to $10 billion. The debtor is represented by Gabriel Adam Morgan of Weil, Gotshal & Manges LLP as its legal counsel. The debtor also hired Alvarez & Marsal North America, LLC as its financial advisor, Jefferies LLC as its investment banker, and Kroll Restructuring Administration LLC as claims and noticing agent. Anuncio • May 13
TPI Composites, Inc. Reaffirms Earnings Guidance for 2025 TPI Composites, Inc. reaffirmed earnings guidance for 2025. For the year, the company continued to anticipate sales from continuing operations in the range of $1.4 billion to $1.5 billion, representing high single-digit year-over-year growth at the midpoint of the guidance. Anuncio • May 09
TPI Composites Receives Deficiency Letter from the Nasdaq Listing Qualifications Department of the Nasdaq Stock Market On May 2, 2025, TPI Composites, Inc. received a deficiency letter from the Nasdaq Listing Qualifications Department (the “Nasdaq Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, for the last 30 consecutive business days, the closing bid price for the Company’s common stock (the “Common Stock”) has been below the minimum $1.00 per share required for continued listing on The Nasdaq Global Market pursuant to Nasdaq Listing Rule 5450(a)(1) (the “Nasdaq Minimum Bid Price Requirement”). The Nasdaq deficiency letter has no immediate effect on the listing of the Common Stock, and the Common Stock will continue to trade on The Nasdaq Global Market under the symbol “TPIC” at this time. In accordance with Nasdaq Listing Rule 5810(c)(3)(A), the Company has been given 180 calendar days, or until October 29, 2025, to regain compliance with the Nasdaq Minimum Bid Price Requirement. If at any time before October 29, 2025, the bid price of the Common Stock closes at $1.00 per share or more for a minimum of 10 consecutive business days, the Nasdaq Staff will provide written confirmation that the Company has achieved compliance. If the Company does not regain compliance with the Nasdaq Minimum Bid Price Requirement by October 29, 2025, the Company will receive written notification from Nasdaq that the Company’s securities are subject to delisting. At that time, the Company may appeal the delisting determination to a Nasdaq hearings panel. The Company intends to monitor the closing bid price of its Common Stock and may, if appropriate, consider available options to regain compliance with the Nasdaq Minimum Bid Price Requirement, including initiating a reverse stock split. However, there can be no assurance that the Company will be able to regain compliance with the Nasdaq Minimum Bid Price Requirement or will otherwise be in compliance with other Nasdaq Listing Rules. Anuncio • Apr 18
TPI Composites, Inc. to Report Q1, 2025 Results on May 08, 2025 TPI Composites, Inc. announced that they will report Q1, 2025 results After-Market on May 08, 2025 Anuncio • Feb 22
TPI Composites, Inc. Provides Earnings Guidance for Full Year Ending December 31, 2025 TPI Composites, Inc. provided earnings guidance for full year ending December 31, 2025. For the period, the company expects sales from continuing operations in the range of$1.4 billion - $1.5 billion. Anuncio • Jan 31
TPI Composites, Inc. to Report Q4, 2024 Results on Feb 20, 2025 TPI Composites, Inc. announced that they will report Q4, 2024 results After-Market on Feb 20, 2025 Anuncio • Nov 08
TPI Composites, Inc. Announces Appointment of Jennifer Lowry to the Board of Directors, Effective as of November 13, 2024 TPI Composites, Inc. announced that Jennifer Lowry will be appointed to its board of directors, effective as of November 13, 2024. Ms. Lowry also will serve on the Audit Committee of the Board. Ms. Lowry brings many years of broad finance experience in the electric power industry. Ms. Lowry currently serves as an independent director of Clearway Energy, Inc. since February 2022 and MYR Group Inc. since July 2018. Ms. Lowry served as Vice President of Risk, Treasury, and Corporate Finance for McCormick & Company, Inc., a global food company, from 2016 until her retirement in July 2021. Prior to that, Ms. Lowry spent over 25 years in the energy sector, including serving as Senior Vice President, Generation Strategy at Exelon Corporation, a U.S. power generator, and as Vice President and Treasurer at Constellation Energy. She also held executive positions at companies within the electric power industry including The AES Corporation and Cogentrix Energy Group, Inc. Ms. Lowry attended Dartmouth College, where she earned a Bachelor of Arts degree and Bachelor of Engineering degree with a focus on electrical engineering, and she earned a Masters in Management from the Northwestern University Kellogg School of Management. Anuncio • Oct 18
TPI Composites, Inc. to Report Q3, 2024 Results on Nov 07, 2024 TPI Composites, Inc. announced that they will report Q3, 2024 results After-Market on Nov 07, 2024 Anuncio • Jul 19
TPI Composites, Inc. to Report Q2, 2024 Results on Aug 08, 2024 TPI Composites, Inc. announced that they will report Q2, 2024 results After-Market on Aug 08, 2024 Anuncio • May 03
TPI Composites, Inc. Reiterates Earnings Guidance for the Year Ending December 31, 2024 TPI Composites, Inc. reiterated earnings guidance for the year ending December 31, 2024. For the period, the company reiterated net sales from continuing operations of $1.3 billion - $1.4 billion. Anuncio • Apr 12
TPI Composites, Inc. to Report Q1, 2024 Results on May 02, 2024 TPI Composites, Inc. announced that they will report Q1, 2024 results After-Market on May 02, 2024 Anuncio • Apr 10
TPI Composites, Inc. Announces Board Retirements TPI Composites, Inc. announced that Philip Deutch and Linda Hudson were retiring from TPI’s Board of Directors, effective upon the conclusion of TPI’s annual meeting of stockholders on May 29, 2024. Mr. Deutch and Ms. Hudson have served as directors since 2007 and 2020, respectively. Anuncio • Mar 15
TPI Composites, Inc. Announces Resignation of Lance Marram as Chief Commercial Officer, Effective on March 15, 2024 On March 6, 2024, Lance Marram notified TPI Composites, Inc. (the “Company”) of his decision to resign from his position as Chief Commercial Officer – Wind of the Company, effective March 15, 2024, to pursue other business opportunities. There are no disagreements between the Company and Mr. Marram relating to the Company’s operations, policies, or practices that resulted in Mr. Marram’s resignation. Anuncio • Feb 02
TPI Composites, Inc. to Report Q4, 2023 Results on Feb 22, 2024 TPI Composites, Inc. announced that they will report Q4, 2023 results After-Market on Feb 22, 2024 Anuncio • Nov 29
TPI Composites, Inc. Appoints Charles (Chuck) Stroo as Chief Operating Officer, Wind TPI Composites, Inc., (TPI) announced that it has appointed Charles (Chuck) Stroo as Chief Operating Officer, Wind, effective November 27, 2023. In his role, Chuck will lead TPI’s global wind manufacturing operations. Prior to joining TPI, Chuck served in multiple, global operational roles at Collins Aerospace, most recently as Vice President of Power & Controls Operations. Chuck started his career with Collins Aerospace over twenty years ago as an engineer before transitioning to operational roles. Chuck holds a Bachelor of Science Degree in Electrical Engineering from Iowa State University and a Master of Business Administration from St. Ambrose University. Anuncio • Nov 03
TPI Composites, Inc. Updates Earnings Guidance for the Year Ending December 31, 2023 TPI Composites, Inc. updated earnings guidance for the year ending December 31, 2023. For the year, the company expected Net Sales from Continuing Operations of $1.5 billion against the previous guidance range of $1.525 billion to $1.575 billion. Anuncio • Oct 13
TPI Composites, Inc. to Report Q3, 2023 Results on Nov 02, 2023 TPI Composites, Inc. announced that they will report Q3, 2023 results at 4:00 PM, US Eastern Standard Time on Nov 02, 2023 Reported Earnings • Aug 05
Second quarter 2023 earnings released: US$1.90 loss per share (vs US$0.48 loss in 2Q 2022) Second quarter 2023 results: US$1.90 loss per share (further deteriorated from US$0.48 loss in 2Q 2022). Revenue: US$381.3m (down 16% from 2Q 2022). Net loss: US$80.8m (loss widened 303% from 2Q 2022). Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 14% growth forecast for the Global Electrical industry. Breakeven Date Change • Aug 01
No longer forecast to breakeven The 15 analysts covering TPI Composites no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of US$32.2m in 2025. New consensus forecast suggests the company will make a loss of US$1.93m in 2025. Anuncio • Jul 28
TPI Composites, Inc. Provides Earnings Guidance for the Second Quarter Ended June 30, 2023 TPI Composites, Inc. provided earnings guidance for the second quarter ended June 30, 2023. For the quarter, the company expects net sales approximately $380 million, Net loss attributable to common stockholders of $78 million to $83 million, net loss from continuing operations of $62 million to $67 million. Anuncio • Jul 23
TPI Composites, Inc. Appoints Neil Jones as Chief Quality Officer, Effective August 1, 2023 TPI Composites, Inc. announced that it has hired Neil Jones as its Chief Quality Officer, effective August 1, 2023. In this newly-created position, Neil will oversee all quality processes, systems and controls relating to TPI’s wind business and will report directly to TPI’s President and Chief Executive Officer, Bill Siwek. Neil brings over 25 years of experience in quality and engineering positions in the wind and automotive industry. Neil spent more than 13 years with Vestas Wind Systems in a variety of quality leadership roles, with the last five years as Senior Vice President - Quality, Health, Safety and Environment. Before joining Vestas, Neil spent over twenty years in the automotive industry, including engineering and quality leadership roles with TRW Automotive and a senior quality leadership role with Eaton Automotive. Neil holds a Bachelor’s Degree in Mechanical, Electrical and Fluid Dynamics Engineering from the University of Bath, Bath England. Anuncio • Jul 21
TPI Composites, Inc. Announces the Last Day of Ramesh Gopalakrishnan as President and Chief Operating Officer Wind TPI Composites, Inc. notified Ramesh Gopalakrishnan, the Company's President and Chief Operating Officer Wind, that his last day of employment with the Company was July 18, 2023. Anuncio • Jul 14
TPI Composites, Inc. to Report Q2, 2023 Results on Aug 03, 2023 TPI Composites, Inc. announced that they will report Q2, 2023 results After-Market on Aug 03, 2023 Board Change • May 12
High number of new directors Independent Director Andrew Moir was the last director to join the board, commencing their role in 2022. Anuncio • May 04
TPI Composites, Inc. Provides Earnings Guidance for the Year Ending December 31, 2023 TPI Composites, Inc. provided earnings guidance for the year ending December 31, 2023. For the period, the company expects net sales from continuing operations of $1.6 billion - $1.7 billion. Reported Earnings • Feb 24
Full year 2022 earnings released: US$2.73 loss per share (vs US$4.33 loss in FY 2021) Full year 2022 results: US$2.73 loss per share (improved from US$4.33 loss in FY 2021). Revenue: US$1.52b (up 3.4% from FY 2021). Net loss: US$114.5m (loss narrowed 29% from FY 2021). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 17% growth forecast for the Global Electrical industry. Board Change • Feb 14
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Andrew Moir was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Anuncio • Feb 07
TPI Composites, Inc. to Report Q4, 2022 Results on Feb 22, 2023 TPI Composites, Inc. announced that they will report Q4, 2022 results at 4:00 PM, US Eastern Standard Time on Feb 22, 2023 Board Change • Jan 31
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Andrew Moir was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Sep 02
Chairman of the Board recently sold Mex$52m worth of stock On the 31st of August, Steven Lockard sold around 140k shares on-market at roughly Mex$371 per share. This transaction amounted to 27% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Steven has been a net seller over the last 12 months, reducing personal holdings by Mex$51m. Reported Earnings • Aug 04
Second quarter 2022 earnings released: US$0.48 loss per share (vs US$1.08 loss in 2Q 2021) Second quarter 2022 results: US$0.48 loss per share (up from US$1.08 loss in 2Q 2021). Revenue: US$452.4m (down 1.4% from 2Q 2021). Net loss: US$20.1m (loss narrowed 50% from 2Q 2021). Over the next year, revenue is forecast to grow 7.8%, compared to a 38% growth forecast for the industry in Mexico. Board Change • Aug 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Andrew Moir was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Jul 18
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Andrew Moir was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Jul 02
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Andrew Moir was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • May 31
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Peter Jonna was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.