SCOTTSDALE, Ariz. (AP) — SCOTTSDALE, Ariz. (AP) — TPI Composites Inc. (TPIC) on Thursday reported a loss of $61.5 million in its first quarter.

The Scottsdale, Arizona-based company said it had a loss of $1.30 per share. Losses, adjusted to account for discontinued operations, were $1.31 per share.

The results did not meet Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for a loss of 72 cents per share.

The maker of composite wind blades posted revenue of $299.1 million in the period, which also did not meet Street forecasts. Six analysts surveyed by Zacks expected $299.9 million.

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