TPI Composites Faces Financial Challenges Amid Restructuring
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TPI Composites Inc (TPICQ) has reported significant financial challenges in its Q3 earnings for 2025, with a net loss of $128.2 million, up from $40.1 million the previous year. Revenue also declined to $234.4 million from $259.2 million. The company is undergoing Chapter 11 bankruptcy proceedings to restructure its operations and has secured debtor-in-possession financing. TPI Composites aims to stabilize its financial position while continuing operations in the renewable energy sector.
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