STOCK TITAN

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.

Comprehensive Overview of Broadwind Inc (BWEN)

Broadwind Inc is a precision manufacturer dedicated to delivering advanced solutions for clean technology and other specialized applications. With a focus on rigorous quality standards and sophisticated engineering, the company serves the energy, mining, and infrastructure sectors in the United States, providing products and services that are engineered to meet the needs of complex systems. Key industry terms such as clean technology, precision manufacturing, and industrial fabrication illustrate Broadwind Inc's commitment to technological excellence.

Core Business and Capabilities

At its core, Broadwind Inc operates as a diversified manufacturer that designs, engineers, and fabricates high-value equipment and components. Its capabilities encompass heavy fabrications, welding, metal rolling, coatings, gear cutting and shaping, gearbox manufacturing and repair, heat treatment, assembly, engineering, and packaging solutions. This broad spectrum of capabilities allows the company to produce technologically sophisticated products that cater to customers with complex system requirements.

Operating Segments and Market Position

The company organizes its operations through four primary segments: Heavy Fabrications, Gearing, Industrial Solutions, and Corporate. Each segment addresses distinct aspects of the manufacturing process and targets specific market needs, positioning the company as an essential partner for customers in high-demand sectors. Broadwind Inc's strategic segmentation reinforces its ability to manage specialized processes, ensuring precise quality control and efficient production methods.

Technological Excellence and Quality Standards

Driven by state-of-the-art technology and a strong engineering background, Broadwind Inc leverages advanced manufacturing techniques to achieve superior performance. The company’s commitment to excellence includes extensive quality assurance measures and performance optimization strategies, which are critical in an industry where precision and durability are essential. This emphasis on technological excellence not only maximizes the reliability of customer investments but also distinguishes the company within a competitive environment that demands flawless execution.

Industry Applications and Customer Focus

Broadwind Inc serves a diverse customer base that spans multiple high-stakes industries. In the energy sector, its products enhance the performance of equipment integral to power generation and distribution. Within mining and infrastructure, the emphasis on robustness and resilience ensures that challenging operational demands are met with high fidelity. This diverse application of its manufacturing capabilities underscores the company’s adaptive approach to meeting a wide array of customer requirements.

Innovative Engineering and Manufacturing Processes

The company's innovative engineering processes serve as the backbone of its operations. By integrating heavy fabrication techniques with precision machining and quality coatings, Broadwind Inc creates value-added solutions that are integral to the performance of complex machinery. This commitment to continuous improvement in manufacturing processes reinforces the company’s reputation for reliable and consistent quality in every project undertaken.

Competitive Landscape and Differentiation

Broadwind Inc is strategically positioned within a competitive landscape where precision manufacturing and specialized components demand strict adherence to quality and engineering expertise. The company differentiates itself through a combination of comprehensive fabrication capabilities and deep industry-specific insights. Its ability to manage diverse operational requirements across various segments allows it to stand out as a resourceful and adaptable manufacturer in markets that require both innovation and reliability.

Commitment to Excellence and Client Partnerships

With a highly skilled team and dedicated facilities located throughout the United States, Broadwind Inc is committed to partnering with its clients to maximize performance outcomes. The company’s focus on achieving quicker, easier, and smarter solutions demonstrates its dedication to customer satisfaction and operational efficiency. This commitment to quality and continuous process improvement solidifies its role as a critical supplier in the sectors it serves.

Conclusion

Broadwind Inc (BWEN) represents a blend of advanced manufacturing processes, engineering expertise, and strategic industry segmentation. Its ability to integrate complex systems with stringent quality control marks it as a significant player in precision manufacturing. This comprehensive overview reflects not only its current operational strengths but also the depth of expertise underpinning every aspect of its business model.

Rhea-AI Summary

Broadwind (NASDAQ: BWEN) announced its first-quarter 2022 results, showcasing a total revenue of $41.8 million, a 28% increase year-over-year. The Heavy Fabrications segment saw revenues rise by 20% to $27.3 million, while the Gearing segment surged 98% to $10.6 million. Despite these gains, the company reported a net loss of ($2.4 million) or ($0.12) per share. Total orders increased 54% to $52.7 million, and backlog rose 24% to $117.1 million. Management anticipates an improvement in financial performance despite ongoing supply chain challenges.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.49%
Tags
none
-
Rhea-AI Summary

Broadwind (NASDAQ: BWEN) will release its first quarter 2022 financial results on May 6, 2022, before the market opens. A conference call is scheduled for the same day at 11:00 A.M. ET to discuss the results and recent developments. Interested parties can access a live webcast and presentation materials via the company's Investor Relations website. The call will allow for a question-and-answer session, and a replay will be available until May 13, 2022. Broadwind specializes in precision manufacturing for clean tech applications and aims to maximize investment performance for its customers.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.1%
Tags
none
-
Rhea-AI Summary

Broadwind (NASDAQ: BWEN) reported its 2021 financial results, showing total revenue of $145.6 million, a 27% decrease year-over-year. The fourth quarter results highlighted a 35% decline in revenue to $26.0 million and a net loss of $4.1 million. Despite challenges in the wind tower market, total orders increased 55% to $55.8 million, with a backlog of $106.4 million. The Gearing segment showed recovery with a 70% revenue increase. The company anticipates continued demand in non-wind markets but expects soft wind market conditions in early 2022.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.2%
Tags
none
Rhea-AI Summary

Broadwind (NASDAQ: BWEN) announced $13 million in new tower orders from a leading global wind turbine manufacturer, marking nearly 50% of its full-year 2022 optimal annual production capacity. The company has received a total of $29 million in orders over the past month, primarily to be fulfilled at its Abilene plant in Q3 2022. CEO Eric Blashford noted expectations for stabilization in wind tower demand and improvement in activity levels over the next 24 months. Further updates will be provided during the fourth-quarter earnings call on March 2, 2022.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.61%
Tags
none
-
Rhea-AI Summary

Broadwind (NASDAQ: BWEN) is set to announce its fourth quarter and full-year 2021 results on March 2, 2022, before market opening. A conference call is scheduled for 11:00 A.M. ET that same day to discuss financial results and recent developments. Investors can access a webcast of the call via the Investor Relations section of Broadwind’s website.

Forward-looking statements regarding future growth, financial conditions, and market influences are included in the press release, highlighting potential impacts from the COVID-19 pandemic.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.04%
Tags
none
-
Rhea-AI Summary

Broadwind (NASDAQ: BWEN) announced $16 million in new tower orders from a leading wind turbine manufacturer, securing over 40% of its optimal annual tower production for 2022. The company anticipates additional bookings as OEM customers prepare for increased demand. CEO Eric Blashford noted rising interest for production capacity in H2 2022 and moderating raw material costs, which may boost project development. Broadwind views a potential extension of the production tax credit as a key growth catalyst.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.19%
Tags
none
Rhea-AI Summary

Broadwind (NASDAQ: BWEN) has announced a third amendment to its Section 382 Rights Agreement to protect its tax assets related to net operating loss carryforwards (NOLs). This amendment extends the Rights Plan to February 22, 2025, helping Broadwind potentially offset $260 million in future taxable income. CEO Eric Blashford highlighted the importance of the Rights Plan for shareholder interests. The amendment will be subject to shareholder ratification at the 2022 Annual Meeting. Further details will be provided in a Form 8-K filing with the SEC.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.6%
Tags
none
-
Rhea-AI Summary

Broadwind (NASDAQ: BWEN) reported its third-quarter 2021 results, showing a 26% decline in total revenue to $40.4 million year-over-year. The net loss widened to ($2.1 million), or ($0.11) per share, compared to ($1.0 million) in Q3 2020. Adjusted EBITDA was $0.4 million, down from $1.3 million the previous year. A notable 37% drop in wind tower sections sold contributed to these results, as developers postponed investments. Despite challenges, the company's strategy continues to focus on growth in non-wind markets and energy transition opportunities, with total orders increasing 8% year-over-year.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary

Broadwind (NASDAQ: BWEN) will release its third quarter 2021 results before market opening on November 10, 2021. A conference call is scheduled for the same day at 11:00 A.M. ET to discuss the financial results and recent company developments. Investors can access the live webcast and presentation materials on the Company’s Investor Relations website. The call will also be available for replay until November 17, 2021. Important forward-looking statements concerning future growth and challenges posed by the COVID-19 pandemic are included.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.63%
Tags
none
Rhea-AI Summary

Broadwind (NASDAQ: BWEN) has announced new tower orders exceeding $12 million from various wind turbine customers, representing about 25% of its optimal 2022 production capacity. The company anticipates further orders in the coming months, suggesting a potential acceleration in demand due to customer diversification and improved order activity. CEO Eric Blashford projects a 50% sequential growth in orders for Q3 2021 compared to Q2 2021. Updates are expected in the third quarter conference call scheduled for early November.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.28%
Tags
none

FAQ

What is the current stock price of Broadwind (BWEN)?

The current stock price of Broadwind (BWEN) is $1.58 as of April 4, 2025.

What is the market cap of Broadwind (BWEN)?

The market cap of Broadwind (BWEN) is approximately 34.5M.

What primary products and services does Broadwind Inc offer?

Broadwind Inc provides technologically advanced structures, equipment, and components for clean technology and other specialized applications. Their offerings include heavy fabrications, precision welding, metal processing, and gear-related manufacturing.

How does Broadwind Inc serve the clean technology and energy sectors?

The company delivers high-quality, precision-manufactured components that meet the strict quality standards required in clean tech and energy systems. Their innovative engineering processes ensure that equipment performs reliably in demanding operational environments.

What are the company’s operating segments?

Broadwind Inc organizes its operations into four main segments: Heavy Fabrications, Gearing, Industrial Solutions, and Corporate. Each segment focuses on specialized aspects of the manufacturing process to cater to distinct market needs.

What capabilities support Broadwind Inc’s manufacturing processes?

The company’s capabilities span heavy fabrications, welding, metal rolling, coatings, gear cutting and shaping, gearbox manufacturing, repair, heat treatment, assembly, engineering, and packaging solutions. This extensive range supports complex product requirements across different industries.

How does Broadwind Inc ensure high quality and reliability in its products?

Broadwind Inc employs advanced manufacturing techniques combined with rigorous quality control and testing. Their experienced engineering team and high-tech facilities work in tandem to ensure that each component meets the stringent standards necessary for high-performance applications.

What industries does Broadwind Inc primarily serve?

The company mainly serves customers in the energy, mining, and infrastructure sectors. Its precision manufacturing and specialized components are integral to systems operating in these high-demand and technically challenging industries.

How does the company differentiate itself from its competitors?

Broadwind Inc differentiates itself through its comprehensive range of manufacturing capabilities, meticulous attention to quality, and deep technical expertise. Its structured operating segments and focus on customized solutions allow it to address unique client challenges effectively.

What role does innovation play in Broadwind Inc’s business model?

Innovation is central to the company’s approach, driving improvements in manufacturing processes and product quality. By integrating cutting-edge techniques and technologies, Broadwind Inc continuously refines its operations to meet the evolving demands of complex industrial systems.
Broadwind Inc

Nasdaq:BWEN

BWEN Rankings

BWEN Stock Data

34.48M
19.45M
11.39%
24.63%
1.22%
Specialty Industrial Machinery
Nonferrous Foundries (castings)
Link
United States
CICERO