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Tecnoglass posts 1Q profit

BARRANQUILLA, Colombia (AP) _ Tecnoglass Inc. (TGLS) on Friday reported first-quarter net income of $1 million.

The Barranquilla, Colombia-based company said it had profit of 3 cents per share. Earnings, adjusted for one-time gains and costs, were 10 cents per share.

The architectural glass maker posted revenue of $65.8 million in the period.

Tecnoglass expects full-year revenue in the range of $360 million to $390 million.

Tecnoglass shares have dropped 13 percent since the beginning of the year. The stock has decreased roughly 9 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on TGLS at https://www.zacks.com/ap/TGLS


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