Net income was $11.55m, or $0.44 per share, versus $4.09m, or $0.41 a year earlier. Revenue was $194.3m, up 29.7% from $149.7m.
Results were driven by increased production across TPI’s geographic segments that include China, Europe, Latin America and the US.
“We expect to continue to capitalize on the strong wind industry growth and outsourcing trends from our core customer base,” chief executive Steve Lockard said on a conference call, his first since TPI’s 22 July initial public offering in which it raised $70m net proceeds.
Blades
