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Broadwind Inc - BWEN STOCK NEWS

Welcome to our dedicated page for Broadwind news (Ticker: BWEN), a resource for investors and traders seeking the latest updates and insights on Broadwind stock.

Broadwind Inc (BWEN) specializes in precision manufacturing for clean technology and heavy industrial applications, serving energy, mining, and infrastructure sectors. This page aggregates official company announcements, financial updates, and strategic developments for stakeholders seeking timely information.

Access comprehensive coverage of BWEN's operational milestones including earnings reports, product launches, and strategic partnerships. Our curated news collection simplifies tracking manufacturing innovations, facility expansions, and market positioning within the precision engineering sector.

Key updates include developments in heavy fabrications, gearing solutions, and industrial technologies. Stay informed about BWEN's advancements in sustainable manufacturing practices and specialized component production through verified press releases.

Bookmark this page for direct access to Broadwind's latest corporate communications. Check regularly for updates on operational efficiency initiatives and leadership announcements impacting the clean tech manufacturing landscape.

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Broadwind (BWEN) to Release Fourth Quarter and Full-Year 2023 Results on March 5, 2024
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Broadwind (Nasdaq: BWEN) has entered into a definitive Tax Credit Transfer Agreement with MarketAxess Holdings Inc. to sell approximately $15 million of tax credits based on its domestic production and sale of eligible wind turbine components. The company expects to improve its liquidity profile entering 2024 and further invest in value-creating opportunities.
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Broadwind, Inc. (BWEN) Announces Strong Q3 2023 Results with Revenue Up 27% YoY and Non-GAAP Adjusted EBITDA Up 5.7M YoY
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BWEN: Broadwind Reschedules Q3 2023 Results Conference Call to November 13, 2023. Webcast and Presentation Materials Available. Live teleconference and replay details provided.
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Broadwind (Nasdaq: BWEN) will release its Q3 2023 results on November 8, 2023, followed by a conference call at 10:00 A.M. ET. A webcast of the call will be available on the company's website. To participate in the live teleconference, dial 877-407-9716.
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Broadwind reports Q2 2023 results with revenue of $50.8 million, gross profit of $8.3 million, and GAAP net income of $1.4 million. Non-GAAP adjusted EBITDA increases to $5.4 million. Total backlog grows to $262.2 million. Full-year revenue guidance maintained at $205-220 million and Adjusted EBITDA guidance increased to $17-19 million. Heavy Fabrications segment sales decline 5% while Gearing segment sales increase 9% and Industrial Solutions segment sales increase 24%.
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Broadwind announces CEO and CFO attendance at Craig-Hallum Institutional Investor Conference.
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Broadwind, Inc. announces Q1 2023 results with total revenue of $48.9 million, +17% YoY. Total gross profit of $7.0 million, +$5.0 million YoY. Total GAAP Net Income of $0.8 million, +$3.2 million YoY. Total backlog of $287.8 million, +$170.7 million YoY. Full-year 2023 financial guidance: Total revenue of $205 million to $220 million, positive GAAP net income, total non-GAAP adjusted EBITDA of $16 million to $18 million.
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Broadwind Inc

Nasdaq:BWEN

BWEN Rankings

BWEN Stock Data

37.50M
19.45M
11.39%
24.63%
1.22%
Specialty Industrial Machinery
Nonferrous Foundries (castings)
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United States
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