SCOTTSDALE, Ariz. (AP) — SCOTTSDALE, Ariz. (AP) — TPI Composites Inc. (TPIC) on Monday reported a loss of $48.3 million in its first quarter.

On a per-share basis, the Scottsdale, Arizona-based company said it had a loss of $1.01.

The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 50 cents per share.

The maker of composite wind blades posted revenue of $336.2 million in the period, surpassing Street forecasts. Three analysts surveyed by Zacks expected $313 million.

TPI Composites expects full-year revenue in the range of $1.4 billion to $1.5 billion.