reports
Broadwind Announces New Share Repurchase Program
Broadwind Announces New Share Repurchase Program CICERO, Ill., Sept. 10, 2025 (GLOBE NEWSWIRE) -- Broadwind (Nasdaq: BWEN, or the “Company”), a diversified precision manufacturer of specialized components and equipment serving global markets, today announced that its Board of Directors has authorized a share repurchase program of up to $3 million in common stock. The authorization permits the repurchase of shares from time to time through open market transactions, privately negotiated purchases, and otherwise as determined by the Company’s management, all as permitted under applicable se...
Broadwind Completes Sale of Industrial Fabrication Operations in Wisco...
Broadwind Completes Sale of Industrial Fabrication Operations in Wisconsin, Introduces Full-Year 2025 Financial Guidance CICERO, Ill., Sept. 10, 2025 (GLOBE NEWSWIRE) -- Broadwind (Nasdaq: BWEN, or the “Company”), a diversified precision manufacturer of specialized components and equipment serving global markets, today announced the completion of the previously disclosed sale of its industrial fabrication operations in Manitowoc, WI, effective September 8, 2025. MANAGEMENT COMMENTARY “Our successful completion of this transaction marks a significant step forward in Broadwind’s strat...
Broadwind Announces Second Quarter 2025 Results
Broadwind Announces Second Quarter 2025 Results CICERO, 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) ...
Broadwind Announces Second Quarter 2025 Results Conference Call and We...
Broadwind Announces Second Quarter 2025 Results Conference Call and Webcast Date CICERO, 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 a...
Broadwind Announces $6 Million Follow-On Order for Precision Machined ...
Broadwind Announces $6 Million Follow-On Order for Precision Machined Gearing Products CICERO, Ill., July 22, 2025 (GLOBE NEWSWIRE) -- Broadwind (Nasdaq: BWEN, or the “Company”), a diversified precision manufacturer of specialized components and equipment serving global markets, today announced that the Company has received a follow-on order of over $6 million from a leading OEM in the natural gas turbine segment of the power generation end-market. This order represents the minimum first year commitment on a two-year agreement that includes potential for additional volume. Under the ag...
Broadwind Announces Sale of Industrial Fabrication Operations in Manit...
Broadwind Announces Sale of Industrial Fabrication Operations in Manitowoc, Wisconsin Divestiture of the Manitowoc, WI facility optimizes asset base and improves operating leverage Further diversifies BWEN’s business toward higher-margin precision manufacturing segments Significantly enhances liquidity, while reducing net leverage and supporting capital deployment priorities CICERO, Ill., June 04, 2025 (GLOBE NEWSWIRE) -- Broadwind (Nasdaq: BWEN, or the “Company”), a diversified precision manufacturer of specialized components and equipment serving global markets, today ann...
Broadwind Announces First Quarter 2025 Results
Broadwind Announces First Quarter 2025 Results CICERO, 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, 2025Tota...
Broadwind Announces First Quarter 2025 Results Conference Call and Web...
Broadwind Announces First Quarter 2025 Results Conference Call and Webcast Date CICERO, 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 a...
Broadwind Awarded Strategic Order for Precision Components Supporting ...
Broadwind Awarded Strategic Order for Precision Components Supporting Power Generation CICERO, Ill., April 02, 2025 (GLOBE NEWSWIRE) -- Broadwind (Nasdaq: BWEN, or the “Company”), a diversified precision manufacturer of specialized components and equipment serving global markets, today announced its largest order to date of precision machined gearing products for the power generation market. Including this latest order, bookings for products from this leading OEM of natural gas turbines exceed $2.0 million in the first quarter of 2025. Increasing demand for products supporting our nation...
Broadwind Announces Fourth Quarter and Full-Year 2024 Results
Broadwind Announces Fourth Quarter and Full-Year 2024 Results CICERO, 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 ...
Broadwind Announces Fourth Quarter and Year-End 2024 Results Conferenc...
Broadwind Announces Fourth Quarter and Year-End 2024 Results Conference Call and Webcast Date CICERO, 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 conferen...
Broadwind Announces Third Quarter 2024 Results
Broadwind Announces Third Quarter 2024 Results CICERO, 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...
Broadwind Announces Third Quarter 2024 Results Conference Call and Web...
Broadwind Announces Third Quarter 2024 Results Conference Call and Webcast Date CICERO, 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 accompan...
Broadwind Announces Second Quarter 2024 Results
Broadwind Announces Second Quarter 2024 Results CICERO, 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 reporte...
Broadwind Announces Second Quarter 2024 Results Conference Call and We...
Broadwind Announces Second Quarter 2024 Results Conference Call and Webcast Date CICERO, 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 pr...
Broadwind Announces First Quarter 2024 Results
Broadwind Announces First Quarter 2024 Results CICERO, 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 f...
Broadwind Announces First Quarter 2024 Results Conference Call and Web...
Broadwind Announces First Quarter 2024 Results Conference Call and Webcast Date CICERO, 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 presen...
Broadwind Announces Fourth Quarter and Full-Year 2023 Results
Broadwind Announces Fourth Quarter and Full-Year 2023 Results CICERO, 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...
Broadwind Announces Fourth Quarter and Full-Year 2023 Results Conferen...
Broadwind Announces Fourth Quarter and Full-Year 2023 Results Conference Call and Webcast Date CICERO, 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 conferenc...
Broadwind Announces Agreement to Sell Approximately $15 Million of IRA...
Broadwind Announces Agreement to Sell Approximately $15 Million of IRA Advanced Manufacturing Tax Credits CICERO, Ill., Dec. 27, 2023 (GLOBE NEWSWIRE) -- Broadwind (Nasdaq: BWEN), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced that it has entered into a definitive Tax Credit Transfer Agreement (the “Agreement) with MarketAxess Holdings Inc. (the “Purchaser”) to sell earned Advanced Manufacturing Production Credits (“Tax Credits”), as outlined within the Inflation Reduction Act (IRA). Under the terms of the Agreement, Br...
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