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Tecnoglass reports 2Q loss

BARRANQUILLA, Colombia (AP) _ Tecnoglass Inc. (TGLS) on Friday reported a second-quarter loss of $3.6 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Barranquilla, Colombia-based company said it had a loss of 11 cents. Earnings, adjusted for one-time gains and costs, were 8 cents per share.

The architectural glass maker posted revenue of $81 million in the period.

Tecnoglass expects full-year revenue in the range of $320 million to $330 million.

Tecnoglass shares have dropped 34 percent since the beginning of the year. The stock has dropped 29 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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