Jan 11 (Reuters) - Tecnoglass Inc ::TECNOGLASS ENTERS INTO STRATEGIC JOINT VENTURE AGREEMENT WITH SAINT-GOBAIN.COMPANY'S INVESTMENT FOR MINORITY INTEREST IN VIDRIO ANDINO IS APPROXIMATELY $45 MILLION.TECNOGLASS - INVESTMENT EXPECTED TO BE FUNDED WITH CASH OF APPROXIMATELY $34 MILLION PLUS LAND CONTRIBUTED AT AN AGGREGATE VALUE OF APPROXIMATELY $11 MILLION.JV AGREEMENT WITH SAINT-GOBAIN THROUGH PLANNED PURCHASE OF MINORITY OWNERSHIP INTEREST IN VIDRIO ANDINO, A UNIT OF SAINT-GOBAIN.TECNOGLASS INTENDS TO FUND CASH PORTION OF TRANSACTION WITH CASH ON ITS BALANCE SHEET AND READILY AVAILABLE LINES OF CREDIT.INITIAL $45 MILLION INVESTMENT INTO JV FROM TECNOGLASS WILL BE USED TO FUND PORTION OF CONSTRUCTION COST FOR NEW MANUFACTURING FACILITY.TECNOGLASS - INITIAL $45 MILLION INVESTMENT WILL BE USED TO FUND A PORTION OF CONSTRUCTION COST FOR NEW MANUFACTURING FACILITY NEAR BARRANQUILLA.
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Nov 7 (Reuters) - Tecnoglass Inc ::TECNOGLASS REPORTS THIRD QUARTER 2018 RESULTS.Q3 ADJUSTED EARNINGS PER SHARE $0.24 EXCLUDING ITEMS.Q3 EARNINGS PER SHARE $0.16.Q3 REVENUE ROSE 16 PERCENT TO $97 MILLION.SEES FY 2018 REVENUE $360 MILLION TO $370 MILLION.QUARTER-END BACKLOG OF $506 MILLION; UP 3.6% YEAR-OVER-YEAR.SEES 2018 ADJUSTED EBITDA IN RANGE OF $79 MILLION TO $82 MILLION.
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Sept 24 (Reuters) - Tecnoglass Inc ::TECNOGLASS AND SCHÜCO ANNOUNCE A NEW STRATEGIC ALLIANCE.TECNOGLASS INC - TECNOGLASS TO SUPPLY GLASS AND ALUMINUM PRODUCTS TO SCHÜCO.TECNOGLASS INC - TECNOGLASS TO MANUFACTURE AND SELL SCHÜCO BRANDED PRODUCTS.TECNOGLASS INC - TECNOGLASS TO MANUFACTURE AND SELL SCHÜCO BRANDED PRODUCTS.
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Aug 8 (Reuters) - Tecnoglass Inc ::TECNOGLASS REPORTS SECOND QUARTER 2018 RESULTS.Q2 ADJUSTED EARNINGS PER SHARE $0.20 EXCLUDING ITEMS.Q2 LOSS PER SHARE $0.11.Q2 REVENUE ROSE 10 PERCENT TO $89 MILLION.SEES FY 2018 REVENUE $345 MILLION TO $365 MILLION.QTRLY BACKLOG OF $497 MILLION; UP 2.1% YEAR-OVER-YEAR.REAFFIRMS FULL YEAR 2018 OUTLOOK.
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Nov 14 (Reuters) - Tecnoglass Inc :Tecnoglass reports third quarter 2017 results.Q3 adjusted earnings per share $0.11.Q3 earnings per share $0.20.Q3 revenue rose 2.9 percent to $83.4 million.Sees FY 2017 revenue $314 million to $324 million.Sees Q3 2017 revenue about $2.0 million.Impact of Hurricane Irma deferred about $5.0 million-$7.0 million of revenue for H2 2017,including about $2.0 million of revenue for Q3 2017, into 2018.Increased quarterly dividend by 12% to $0.14 per share for Q3 2017.Now expects FY2017 adjusted EBITDA to be in range of $59 million to $65 million.
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