Revenue Update on Andina Acquisition Corp(NASDAQ:TGLS)

Andina Acquisition Corp(NASDAQ:TGLS) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during Pre-market on Aug 1, 2016. Company reported revenue of $77.51M. Analysts estimated a revenue of $69.43M. Earnings per share were $0.14. Analysts had estimated an EPS of $0.22.

Andina Acquisition Corp (TGLS) made into the market gainers list on Mondays trading session with the shares advancing 1.39% or 0.16 points. Due to strong positive momentum, the stock ended at $11.65, which is also near the day’s high of $11.96. The stock began the session at $11.5 and the volume stood at 45,368 shares. The 52-week high of the shares is $15.95 and the 52 week low is $9.82. The company has a current market capitalization of $314 M and it has 2,69,14,764 shares in outstanding.

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