BWEN earnings
Broadwind Inc. (BWEN) earnings releases and earnings dates - real-time wire coverage of every quarterly report.
Recent earnings items
- Broadwind Announces First Quarter 2026 ResultsCICERO, Illinois, May 12, 2026 (GLOBE NEWSWIRE) -- Broadwind (NASDAQ:BWEN, or the "Company")), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced results for the first quarter 2026. FIRST QUARTER 2026 RESULTS(As compared to the first quarter 2025) Total revenue of $34.1 millionGAAP net loss of ($0.5) million, or ($0.02) per diluted shareNon-GAAP Adjusted EBITDA of $2.2 million, or 6.5% of total revenue*Total orders of $37.4 million, +23% y/yRatio of net debt to trailing twelve-month non-GAAP adjusted EBITDA of 1.7x as of March 31, 2026 *For a reconciliation of GAAP to non-GAAP metrics, please see the appendix of this rele
- Broadwind Announces Strategic Exit From Wind Market With Sale of Abilene Facility, Pivots to Become Pure-Play Precision Manufacturer Supporting Power Generation and Critical Infrastructure Markets; and Withdraws 2026 Financial GuidanceCICERO, Ill., May 05, 2026 (GLOBE NEWSWIRE) -- Broadwind (NASDAQ:BWEN, or the "Company")), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced that on April 30, 2026, the Company's wholly-owned subsidiary, Broadwind Heavy Fabrications, Inc. ("Heavy Fabrications") entered into a definitive agreement with IES Infrastructure, a wholly-owned subsidiary of IES Holdings, Inc. (NASDAQ:IESC), under which Heavy Fabrications has sold its production facility in Abilene, Texas (the "Facility"), including real property, equipment, machinery and other items, to IES Infrastructure for an aggregate purchase price of up to $19.5 million in ca
- Broadwind Announces First Quarter 2026 Results Conference Call and Webcast DateCICERO, Ill., May 01, 2026 (GLOBE NEWSWIRE) -- Broadwind (NASDAQ:BWEN, or the "Company")), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced that it will issue first quarter 2026 results before the market opens on Tuesday, May 12, 2026. A conference call will be held that same day at 11:00 a.m. ET to review the Company's financial results, discuss recent events and conduct a question-and-answer session. A webcast of the conference call and accompanying presentation materials will be available in the Investor Relations section of the Company's corporate website at https://investors.bwen.com/investors. To listen to a live br
- Broadwind Announces Fourth Quarter and Full-Year 2025 ResultsCICERO, Ill., March 11, 2026 (GLOBE NEWSWIRE) -- Broadwind (NASDAQ:BWEN, or the "Company")), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced results for the fourth quarter and full-year 2025. FOURTH QUARTER 2025 RESULTS(As compared to the fourth quarter 2024) Total revenue of $37.7 million, +12.4% y/yGAAP net loss of ($0.9) million, or ($0.04) per shareTotal non-GAAP adjusted EBITDA of $1.9 million, or 5.0% of total revenue (for a reconciliation of GAAP to non-GAAP metrics, please see the appendix of this release)Ratio of net debt to trailing twelve-month non-GAAP adjusted EBITDA of 1.6x as of December 31, 2025 FULL-YE
- Broadwind Announces Preliminary Full-Year 2025 Results, Introduces Full-Year 2026 Financial Guidance, and Announces Fourth Quarter 2025 Results Conference Call and Webcast DateCICERO, Ill., Feb. 05, 2026 (GLOBE NEWSWIRE) -- Broadwind (NASDAQ:BWEN, or the "Company")), a diversified precision manufacturer of specialized components and equipment serving global markets, today announced select preliminary financial results for the full-year 2025 ended December 31, 2025, and introduced financial guidance for the full-year 2026. PRELIMINARY FULL-YEAR 2025 RESULTS All listed ranges are an estimate, based on information available to management as of the date of this release, and are subject to change subject to customary closing procedures (please see the Company's Financial Disclosure Advisory and a reconciliation of GAAP to non-GAAP metrics, both in the appendix of
- Broadwind Announces Third Quarter 2025 ResultsCICERO, Ill., Nov. 13, 2025 (GLOBE NEWSWIRE) -- Broadwind (NASDAQ:BWEN, or the "Company")), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced results for the third quarter 2025. THIRD QUARTER 2025 RESULTS(As compared to the third quarter 2024) Total revenue of $44.2 million, +25% y/yGAAP net income of $7.5 million, or $0.32 per diluted shareNon-GAAP Adjusted EBITDA of $2.4 million, excluding the $8.2 million gain on the sale of industrial fabrication operations on September 8, 2025Total orders of $43.6 million, +90% y/yRaising full-year 2025 revenue guidance MANAGEMENT COMMENTARY "This year, our team continued to transf
- Broadwind Announces Third Quarter 2025 Results Conference Call and Webcast DateCICERO, Ill., Oct. 30, 2025 (GLOBE NEWSWIRE) -- Broadwind (NASDAQ:BWEN, or the "Company")), a diversified precision manufacturer of specialized components and equipment serving global markets, today announced that it will issue third quarter 2025 results before the market opens on Thursday, November 13, 2025. A conference call will be held that same day at 11:00 a.m. ET to review the Company's financial results, discuss recent events and conduct a question-and-answer session. A webcast of the conference call and accompanying presentation materials will be available in the Investor Relations section of the Company's corporate website at https://investors.bwen.com/investors. To listen to a
- Broadwind Announces Second Quarter 2025 ResultsCICERO, Ill., Aug. 12, 2025 (GLOBE NEWSWIRE) -- Broadwind (NASDAQ:BWEN, or the "Company")), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced results for the second quarter 2025. SECOND QUARTER 2025 RESULTS Total revenue of $39.2 million, +7.6% y/yNet loss of ($1.0) million, or ($0.04) per diluted shareTotal non-GAAP adjusted EBITDA of $2.1 million, or 5.3% of total revenueTotal orders of $21.0 million, +14% y/y, as of June 30, 2025 Broadwind reported a net loss of ($1.0) million, or ($0.04) per diluted share in the second quarter 2025, compared to net income of $0.5 million, or $0.02 per diluted share, in the second qua
- Broadwind Announces Second Quarter 2025 Results Conference Call and Webcast DateCICERO, Ill., July 29, 2025 (GLOBE NEWSWIRE) -- Broadwind (NASDAQ:BWEN, or the "Company")), a diversified precision manufacturer of specialized components and equipment serving global markets, today announced that it will issue second quarter 2025 results before the market opens on Tuesday, August 12, 2025. A conference call will be held that same day at 11:00 a.m. ET to review the Company's financial results, discuss recent events and conduct a question-and-answer session. A webcast of the conference call and accompanying presentation materials will be available in the Investor Relations section of the Company's corporate website at https://investors.bwen.com/investors. To listen to a li
- Broadwind Announces First Quarter 2025 ResultsCICERO, Ill., May 13, 2025 (GLOBE NEWSWIRE) -- Broadwind (NASDAQ:BWEN, or the "Company")), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced results for the first quarter 2025. FIRST QUARTER 2025 RESULTS Total revenue of $36.8 millionNet loss of ($0.4) million, or ($0.02) per diluted shareTotal non-GAAP adjusted EBITDA of $2.4 million, or 6.4% of total revenueRatio of net debt to trailing twelve-month non-GAAP adjusted EBITDA of 1.4x as of March 31, 2025Total orders of $30.5 million, increased +5% y/y, as of March 31, 2025Reiterating full-year 2025 revenue and Adjusted EBITDA guidance Broadwind r
- Broadwind Announces First Quarter 2025 Results Conference Call and Webcast DateCICERO, Ill., April 29, 2025 (GLOBE NEWSWIRE) -- Broadwind (NASDAQ:BWEN, or the "Company")), a diversified precision manufacturer of specialized components and equipment serving global markets, today announced that it will issue first quarter 2025 results before the market opens on Tuesday, May 13, 2025. A conference call will be held that same day at 11:00 a.m. ET to review the Company's financial results, discuss recent events and conduct a question-and-answer session. A webcast of the conference call and accompanying presentation materials will be available in the Investor Relations section of the Company's corporate website at https://investors.bwen.com/investors. To listen to a live
- Broadwind Announces Fourth Quarter and Full-Year 2024 ResultsCICERO, Ill., March 05, 2025 (GLOBE NEWSWIRE) -- Broadwind (NASDAQ:BWEN, or the "Company")), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced results for the fourth quarter and full-year 2024. FOURTH QUARTER 2024 RESULTS Total revenue of $33.6 millionNet loss of ($0.9) million, or ($0.04) per shareTotal non-GAAP adjusted EBITDA of $2.1 million, or 6.4% of total revenueRatio of net debt to trailing twelve-month non-GAAP adjusted EBITDA of 0.6x as of December 31, 2024 FULL-YEAR 2024 RESULTS Total revenue of $143.1 millionNet income of $1.2 million, or $0.05 per shareTotal non-GAAP adjusted
- Broadwind Announces Fourth Quarter and Year-End 2024 Results Conference Call and Webcast DateCICERO, Ill., Feb. 19, 2025 (GLOBE NEWSWIRE) -- Broadwind (NASDAQ:BWEN), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced that it will issue fourth quarter and full-year 2024 results before the market opens on Wednesday, March 5, 2025. A conference call will be held that same day at 11:00 a.m. ET to review the Company's financial results, discuss recent events and conduct a question-and-answer session. A webcast of the conference call and accompanying presentation materials will be available in the Investor Relations section of the Company's corporate website at https://investors.bwen.com/investors. To listen to a live br
- Broadwind Announces Third Quarter 2024 ResultsCICERO, Ill., Nov. 13, 2024 (GLOBE NEWSWIRE) -- Broadwind (NASDAQ:BWEN, or the "Company")), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced results for the third quarter 2024. THIRD QUARTER 2024 RESULTS Total revenue of $35.5 millionNet income of $0.1 millionTotal non-GAAP adjusted EBITDA of $3.4 million, or 9.5% of total revenueRatio of net debt to trailing twelve-month non-GAAP adjusted EBITDA of 1.4x as of September 30, 2024 Broadwind reported third quarter net income of $0.1 million, or $0.00 per diluted share, versus $4.4 million, or $0.
- Broadwind Announces Third Quarter 2024 Results Conference Call and Webcast DateCICERO, Ill., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Broadwind (NASDAQ:BWEN), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced that it will issue third quarter 2024 results before the market opens on Wednesday, November 13, 2024. A conference call will be held that same day at 11:00 a.m. ET to review the Company's financial results, discuss recent events and conduct a question-and-answer session. A webcast of the conference call and accompanying presentation materials will be available in the Investor Relations section of the Company's corporate website at https://investors.bwen.com/investors. To listen to a live broadcast
- Broadwind Announces Second Quarter 2024 ResultsCICERO, Ill., Aug. 13, 2024 (GLOBE NEWSWIRE) -- Broadwind (NASDAQ:BWEN, or the "Company"))), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced results for the second quarter 2024. SECOND QUARTER 2024 RESULTS Total revenue of $36.5 millionNet income of $0.5 million, or $0.02 per diluted shareTotal non-GAAP adjusted EBITDA of $3.6 million, or 10.0% of total revenueRatio of net debt to trailing twelve-month non-GAAP adjusted EBITDA of 1.1x as of June 30, 2024 Broadwind reported second quarter net income of $0.5 million, or $0.02 per diluted share, versus $1.4 million, or $0.07 per diluted share, in the prior year period. Th
- Broadwind Announces Second Quarter 2024 Results Conference Call and Webcast DateCICERO, Ill., July 30, 2024 (GLOBE NEWSWIRE) -- Broadwind (NASDAQ:BWEN), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced that it will issue second quarter 2024 results before the market opens on Tuesday, August 13, 2024. A conference call will be held that same day at 11:00 a.m. ET to review the Company's financial results, discuss recent events and conduct a question-and-answer session. A webcast of the conference call and accompanying presentation materials will be available in the Investor Relations section of the Company's corporate website at https://investors.bwen.com/investors. To listen to a live broadcast, go to
- Broadwind Announces First Quarter 2024 ResultsCICERO, Ill., May 14, 2024 (GLOBE NEWSWIRE) -- Broadwind (NASDAQ:BWEN, or the "Company"))), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced results for the first quarter 2024. FIRST QUARTER 2024 RESULTS Total revenue of $37.6 millionNet income of $1.5 million, or $0.07 per diluted shareTotal non-GAAP adjusted EBITDA of $4.2 million, or 11.1% of total revenueRatio of net debt to trailing twelve-month non-GAAP adjusted EBITDA of 0.6x as of March 31, 2024 Broadwind reported first quarter net income of $1.5 million, or $0.07 per diluted share, versus $0.8 million, or $0.04 per diluted share, in the year-ago period. The Com
- Broadwind Announces First Quarter 2024 Results Conference Call and Webcast DateCICERO, Ill., April 30, 2024 (GLOBE NEWSWIRE) -- Broadwind (NASDAQ:BWEN), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced that it will issue first quarter 2024 results before the market opens on Tuesday, May 14, 2024. A conference call will be held that same day at 11:00 a.m. ET to review the Company's financial results, discuss recent events and conduct a question-and-answer session. A webcast of the conference call and accompanying presentation materials will be available in the Investor Relations section of the Company's corporate website at https://investors.bwen.com/investors. To listen to a live broadcast, go to th
- Broadwind Announces Fourth Quarter and Full-Year 2023 ResultsCICERO, Ill., March 05, 2024 (GLOBE NEWSWIRE) -- Broadwind (NASDAQ:BWEN, or the "Company"))), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced results for the fourth quarter and full-year 2023. FOURTH QUARTER 2023 RESULTS(As compared to the fourth quarter 2022) Total revenue of $46.6 million, +16.3% y/yTotal gross profit of $7.0 million, +$4.5 million y/yNet income of $1.1 million, or $0.05 per diluted shareTotal non-GAAP adjusted EBITDA of $4.4 million, +$4.3 million y/yTotal tower sections sold +37.5% y/y to 132 sectionsRatio of net debt to trailing twelve-month non-GAAP adjusted EBITDA of 0.8x as of December 31, 2023
- Broadwind Announces Fourth Quarter and Full-Year 2023 Results Conference Call and Webcast DateCICERO, Ill., Feb. 20, 2024 (GLOBE NEWSWIRE) -- Broadwind (NASDAQ:BWEN), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced that it will issue fourth quarter and full-year 2023 results before the market opens on Tuesday, March 5, 2024. A conference call will be held that same day at 12:00 p.m. ET to review the Company's financial results, discuss recent events and conduct a question-and-answer session. A webcast of the conference call and accompanying presentation materials will be available in the Investor Relations section of the Company's corporate website at https://investors.bwen.com/investors. To listen to a live broa
- Broadwind Announces Third Quarter 2023 ResultsCICERO, Ill., Nov. 13, 2023 (GLOBE NEWSWIRE) -- Broadwind, Inc. (NASDAQ:BWEN, "Broadwind" or the "Company"))), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced results for the third quarter 2023. THIRD QUARTER 2023 RESULTS(As compared to the third quarter 2022) Revenue of $57.2 million, +$12.3 million y/yGAAP Net Income of $4.4 million, or $0.20 per diluted share, +$6.2 million y/yNon-GAAP Adjusted EBITDA of $7.6 million, +$5.7 million y/yRatio of net debt to trailing twelve-month Non-GAAP Adjusted EBITDA of 1.7x as of September 30, 2023Total backlog of $220.8 million, +$88.6 million y/y, as of September 30, 2023
- Broadwind Reschedules Third Quarter 2023 Results Conference Call and Webcast to November 13CICERO, Ill., Nov. 07, 2023 (GLOBE NEWSWIRE) -- Broadwind (NASDAQ:BWEN), a diversified precision manufacturer of specialized components and solutions serving global markets, has rescheduled its third quarter 2023 results conference call and webcast to Monday, November 13, 2023, at 12:00 p.m. ET. Broadwind intends to issue its third quarter 2023 results that same day before the open of the U.S. equity markets. A webcast of the conference call and accompanying presentation materials will be available in the Investor Relations section of the Company's corporate website at https://investors.bwen.com/investors. To listen to a live broadcast, go to the site at least 15 minutes prior to the sche
- Broadwind Announces Third Quarter 2023 Conference Call And Webcast DateCICERO, Ill., Oct. 25, 2023 (GLOBE NEWSWIRE) -- Broadwind (NASDAQ:BWEN), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced that it will issue third quarter 2023 results before the market opens on Wednesday, November 8, 2023. A conference call will be held that same day at 10:00 A.M. ET to review the Company's financial results, discuss recent events and conduct a question-and-answer session. A webcast of the conference call and accompanying presentation materials will be available in the Investor Relations section of the Company's corporate website at https://investors.bwen.com/investors. To listen to a live broadcast, go
- Broadwind Announces Second Quarter 2023 ResultsCICERO, Ill., Aug. 14, 2023 (GLOBE NEWSWIRE) -- Broadwind, Inc. (NASDAQ:BWEN, "Broadwind" or the "Company"))), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced results for the second quarter 2023. SECOND QUARTER 2023 RESULTS(As compared to the second quarter 2022) Revenue of $50.8 million, +0.8 million y/yGross Profit of $8.3 million, +$5.9 million y/yGAAP Net Income of $1.4 million, +4.1 million y/yNon-GAAP Adjusted EBITDA of $5.4 million, +$5.0 million y/yRatio of net debt to trailing twelve-month Non-GAAP Adjusted EBITDA of 2.0x as of June 30, 2023Total backlog of $262.2 mil
- Broadwind Announces Second Quarter 2023 Conference Call and Webcast DateCICERO, Ill., Aug. 02, 2023 (GLOBE NEWSWIRE) -- Broadwind (NASDAQ:BWEN), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced that it will issue second quarter 2023 results before the market opens on Monday, August 14, 2023. A conference call will be held that same day at 11:00 A.M. ET to review the Company's financial results, discuss recent events and conduct a question-and-answer session. A webcast of the conference call and accompanying presentation materials will be available in the Investor Relations section of the Company's corporate website at https://investors.bwen.com/investors. To listen to a live broadcast, go to
- Broadwind Announces First Quarter 2023 ResultsCICERO, Ill., May 11, 2023 (GLOBE NEWSWIRE) -- Broadwind, Inc. (NASDAQ:BWEN, "Broadwind" or the "Company"))), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced results for the first quarter 2023. FIRST QUARTER 2023 RESULTS (As compared to the first quarter 2022) Total revenue of $48.9 million, +17% y/yTotal gross profit of $7.0 million, +$5.0 million y/yTotal GAAP Net Income of $0.8 million, +$3.2 million y/yTotal Non-GAAP Adjusted EBITDA of $4.1 million, +$4.1 million y/yTotal backlog of $287.8 million, +$170.7 million y/y FULL-YEAR 2023 FINANCIAL GUIDANCE Broadwind provided updated full-year 2023 financial guidance o
- Broadwind Announces Preliminary First Quarter 2023 Results, Increases Full-Year 2023 Financial GuidanceCICERO, Ill., April 20, 2023 (GLOBE NEWSWIRE) -- Broadwind (NASDAQ:BWEN, "Broadwind" or the "Company"))), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced select preliminary results for its first quarter ended March 31, 2023, and updated financial guidance for the full-year 2023. PRELIMINARY FIRST QUARTER 2023 RESULTS All listed ranges are an estimate, based on information available to management as of the date of this release, and are subject to change subject to customary closing procedures (see Financial Disclosure Advisory below). Total revenue in a range of between $48 million and $49 millionTotal non-GAAP Adjusted
- WM Argyle Fund Files Definitive Proxy Statement, Says Broadwind's Chronic Underperformance and Poor Governance Underscore the Urgent Need for New Board of DirectorsMILWAUKEE, April 12, 2023 (GLOBE NEWSWIRE) -- WM Argyle Fund, LLC (the "Fund"), one of the largest investors in Broadwind, Inc. (NASDAQ:BWEN) ("Broadwind" or the "Company"), today announced that it has filed its definitive proxy materials with the SEC proposing the election of its nominees to the Broadwind Board of Directors at the 2023 Annual Meeting of Stockholders. In its proxy materials, the Fund urged stockholders to vote FOR Ryan Bogenschneider, Christine M. Candela and James M. Robinson IV and to WITHHOLD on incumbent directors David P. Reiland, Thomas A. Wagner and Cary B. Wood, whose long tenure on the Board makes them most responsible for the Company's poor performance. Additio
- Broadwind Announces Fourth Quarter and Full-Year 2022 Results, Introduces 2023 Financial OutlookCICERO, Ill., March 09, 2023 (GLOBE NEWSWIRE) -- Broadwind, Inc. (NASDAQ:BWEN, "Broadwind" or the "Company"))), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced results for the fourth quarter and full-year 2022. FOURTH QUARTER 2022 RESULTS(As compared to the fourth quarter 2021) Total revenue of $40.1 million, +54.0% y/yTotal gross profit of $2.6 million, +$1.6 million y/yTotal non-GAAP adjusted EBITDA of $0.2 million, +$1.4 million y/yTotal orders of $204.8 million, +$149.1 million y/yTotal backlog of $297.2 million, +$190.8 million y/yTotal cash and excess availability of $40.1 million, +$25.2 million y/y
- Broadwind Reports Fourth Quarter and Full-Year 2022 Conference Call and Webcast DateCICERO, Ill., Feb. 23, 2023 (GLOBE NEWSWIRE) -- Broadwind (NASDAQ:BWEN), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced that it will issue fourth quarter and full-year 2022 results before the market opens on Thursday, March 9, 2023. A conference call will be held that same day at 11:00 A.M. ET to review the Company's financial results, discuss recent events and conduct a question-and-answer session. A webcast of the conference call and accompanying presentation materials will be available in the Investor Relations section of the Company's corporate website at https://investors.bwen.com/investors. To listen to a live bro
- Broadwind Announces Third Quarter 2022 ResultsCICERO, Ill., Nov. 08, 2022 (GLOBE NEWSWIRE) -- Broadwind (NASDAQ:BWEN, or the "Company"))), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced results for the third quarter 2022. THIRD QUARTER 2022 RESULTS(As compared to the third quarter 2021) Total Revenue of $44.8 million, +11% y/yTotal Net Loss of ($1.8) million, or ($0.09) per basic shareTotal Non-GAAP Adjusted EBITDA of $1.9 million, +374% y/yTotal Orders of $84.5 million, +99% y/yTotal Backlog of $132.2 million, +73% y/yTotal Cash and excess availability of $14.8 million For the three months ended September 30, 2022, Broadwind reported total revenue of
- Broadwind Reports Third Quarter 2022 Conference Call and Webcast DateCICERO, Ill., Oct. 25, 2022 (GLOBE NEWSWIRE) -- Broadwind (NASDAQ:BWEN), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced that it will issue third quarter 2022 results before the market opens on Tuesday, November 8, 2022. A conference call will be held that same day at 11:00 A.M. ET to review the Company's financial results, discuss recent events and conduct a question-and-answer session. A webcast of the conference call and accompanying presentation materials will be available in the Investor Relations section of the Company's corporate website at https://investors.bwen.com/investors. To listen to a live broadcast, go to
- Broadwind Announces Second Quarter 2022 ResultsCICERO, Ill., Aug. 09, 2022 (GLOBE NEWSWIRE) -- Broadwind (NASDAQ:BWEN, or the "Company"))), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced results for the second quarter 2022. SECOND QUARTER 2022 RESULTS(As compared to the second quarter 2021) Total revenue of $50.0 million, +8% y/yGearing segment revenue of $10.1 million, +37% y/yIndustrial Solutions segment revenue of $5.0 million, +43% y/yTotal net loss of ($2.7 million), or ($0.13) per basic shareNon-wind orders of $24 million, +60% y/y, supported by diverse end-market demandTotal backlog of $93.2 million, +25% y/yTotal cash and excess availability of $10.
- Broadwind Announces Second Quarter 2022 Results Conference Call DateCICERO, Ill., July 26, 2022 (GLOBE NEWSWIRE) -- Broadwind (NASDAQ:BWEN), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced that it will issue second quarter 2022 results before the market opens on August 9, 2022. A conference call will be held that same day at 11:00 A.M. ET to review the Company's financial results, discuss recent events and conduct a question-and-answer session. A webcast of the conference call and accompanying presentation materials will be available in the Investor Relations section of the Company's corporate website at https://investors.bwen.com/investors. To listen to a live broadcast, go to the site
- Broadwind Announces First Quarter 2022 ResultsCICERO, Ill., May 06, 2022 (GLOBE NEWSWIRE) -- Broadwind (NASDAQ:BWEN, or the "Company"))), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced results for the first quarter 2022. FIRST QUARTER 2022 RESULTS(As compared to the first quarter 2021) Total revenue of $41.8 million, +28% y/yHeavy Fabrications segment revenue of $27.3 million +20% y/yGearing segment revenue of $10.6 million, +98% y/yTotal net loss of ($2.4 million) or ($0.12) per basic shareTotal orders of $52.7 million, +54% y/yTotal backlog of $117.1 million, +24% y/yTotal cash and excess availability of $14.7 million For the three months ended March 31, 2022,
- Broadwind Announces First Quarter 2022 Results Conference Call DateCICERO, Ill., April 21, 2022 (GLOBE NEWSWIRE) -- Broadwind (NASDAQ:BWEN), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced that it will issue first quarter 2022 results before the market opens on May 6, 2022. A conference call will be held that same day at 11:00 A.M. ET to review the Company's financial results, discuss recent events and conduct a question-and-answer session. A webcast of the conference call and accompanying presentation materials will be available in the Investor Relations section of the Company's corporate website at https://investors.bwen.com/investors. To listen to a live broadcast, go to the site at
- Broadwind Announces Fourth Quarter and Full-Year 2021 ResultsCICERO, Ill., March 02, 2022 (GLOBE NEWSWIRE) -- Broadwind (NASDAQ:BWEN, or the "Company"))), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced results for the fourth quarter and full-year 2021. FULL-YEAR 2021 RESULTS(As compared to the full-year 2020) Total revenue of $145.6 million, (27%) y/yTotal gross profit of $5.5 million, (69%) y/yTotal non-GAAP adjusted EBITDA of $13.2 million, +65% y/y FOURTH QUARTER 2021 RESULTS(As compared to the fourth quarter 2020) Total revenue of $26.0 million, (35%) y/yTotal gross profit of $1.0 million, (64%) y/yTotal net loss of ($4.1) million, or ($0.21) per basic shar
- Broadwind Announces Fourth Quarter and Full-Year 2021 Results Conference Call DateCICERO, Ill, Feb. 16, 2022 (GLOBE NEWSWIRE) -- Broadwind (NASDAQ:BWEN), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced that it will issue fourth quarter and full-year 2021 results before the market opens on March 2, 2022. A conference call will be held that same day at 11:00 A.M. ET to review the Company's financial results, discuss recent events and conduct a question-and-answer session. A webcast of the conference call and accompanying presentation materials will be available in the Investor Relations section of the Company's corporate website at https://investors.bwen.com/investors. To listen to a live broadcast, go
- Broadwind Announces Third Quarter 2021 ResultsCICERO, Ill., Nov. 10, 2021 (GLOBE NEWSWIRE) -- Broadwind (NASDAQ:BWEN), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced results for the third quarter 2021. THIRD QUARTER 2021 RESULTS(As compared to the third quarter 2020) Total revenue of $40.4 million, down 26% year-over-yearTotal net loss of ($2.1) million, or ($0.11) per basic shareTotal non-GAAP adjusted EBITDA of $0.4 millionTotal cash and excess availability of $21.1 millionNet leverage at 0.5x TTM non-GAAP adjusted EBITDA For the three months ended September 30, 2021, Broadwind reported total revenue of $40.4 million, compared to $54.6 million in th
- Broadwind Announces Third Quarter 2021 Results Conference Call DateCICERO, Ill., Oct. 20, 2021 (GLOBE NEWSWIRE) -- Broadwind (NASDAQ:BWEN), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced that it will issue third quarter 2021 results before the market opens on November 10, 2021. A conference call will be held that same day at 11:00 A.M. ET to review the Company's financial results, discuss recent events and conduct a question-and-answer session. A webcast of the conference call and accompanying presentation materials will be available in the Investor Relations section of the Company's corporate website at https://investors.bwen.com/investors. To listen to a live broadcast, go to the sit
- Broadwind Announces $12 Million in New Tower Orders and Business UpdateCICERO, Ill., Sept. 29, 2021 (GLOBE NEWSWIRE) -- Broadwind (NASDAQ:BWEN), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced that the Company had received over $12 million in new tower orders from multiple wind turbine customers. Including these new orders, Broadwind has sold approximately 25% of its full-year 2022 optimal tower production capacity. Broadwind expects to receive additional orders for 2022 production capacity over the coming months. "These new tower orders provide increased visibility as we look ahead to 2022, while expanding our relationships with key wind turbine partners," stated Eric Blashford, President
- Broadwind Announces Second Quarter 2021 ResultsCICERO, Ill., Aug. 06, 2021 (GLOBE NEWSWIRE) -- Broadwind (NASDAQ:BWEN), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced results for the second quarter 2021. SECOND QUARTER 2021 RESULTS(As compared to the second quarter 2020) Total revenue of $46.5 million, down 15% year-over-yearTotal net income of $10.3 million, or $0.53 per diluted share, including $12.7 million of CARES Act benefitsTotal non-GAAP adjusted EBITDA of $12.8 millionTotal cash and excess availability of $23.7 million, up 8% year-over-yearNet debt leverage at 0.4x TTM non-GAAP adjusted EBITDA, following forgiveness of $9.2 million in PPP loans For the th
- Broadwind Provides Preliminary Second Quarter 2021 Results and Conference Call DateCICERO, Ill., July 27, 2021 (GLOBE NEWSWIRE) -- Broadwind (NASDAQ:BWEN), a diversified precision manufacturer of specialized components and solutions serving global markets, today issued preliminary results for the second quarter 2021. For the three months ended June 30, 2021, Broadwind currently anticipates total revenue of approximately $46.5 million and total non-GAAP adjusted EBITDA of $12.7 to $13.0 million, subject to quarter-end closing adjustments. Second quarter adjusted EBITDA includes a $9.2 million benefit related to loan forgiveness under the Paycheck Protection Program (PPP), together with $3.6 million of benefits related to the Employee Retention Tax Credit (ERC), as outlin