Broadwind Inc Stock Price, News & Analysis

Broadwind (NASDAQ:BWEN) has announced a new $3 million share repurchase program authorized by its Board of Directors. The program allows for stock repurchases through open market transactions and private purchases, subject to securities laws including Rule 10b-18.

CEO Eric Blashford highlighted that following the divestiture of Wisconsin-based industrial fabrication operations, the company is now better positioned with improved capitalization. The buyback program demonstrates management's confidence in Broadwind's long-term value creation potential while maintaining a disciplined approach to capital allocation.

The timing and volume of repurchases will be determined by various factors including market conditions, financial position, and cash flow, with no obligation to repurchase any specific number of shares.

Broadwind (NASDAQ: BWEN) has completed the sale of its industrial fabrication operations in Manitowoc, WI to Wisconsin Heavy Fabrication, LLC, a subsidiary of IES Holdings, Inc., for $13.5 million in cash consideration. The strategic divestment, effective September 8, 2025, aims to streamline operations and enhance balance sheet flexibility.

The company expects to achieve $8 million in annual cost reductions by consolidating operations into its Abilene, TX facility. Additionally, Broadwind introduced its full-year 2025 guidance, projecting revenues of $145-155 million and adjusted EBITDA of $9-10 million, excluding an estimated $9 million gain from the asset sale.

Broadwind (NASDAQ: BWEN) reported mixed Q2 2025 results with revenue of $39.2 million, up 7.6% year-over-year, but posted a net loss of $1.0 million ($0.04 per share) compared to net income of $0.5 million in Q2 2024. The company achieved total orders of $21.0 million, a 14% increase year-over-year.

Key developments include the pending sale of Manitowoc industrial fabrication operations for $13 million, expected to close in Q3 2025, projected to reduce costs by $8 million annually. The Heavy Fabrications segment saw strong growth of 27.4%, while Gearing declined 30.3%. Industrial Solutions achieved record orders and backlog, driven by natural gas turbine demand.

The company's net debt to trailing twelve-month Adjusted EBITDA ratio increased to 3.0x from 1.4x in Q1 2025, primarily due to working capital requirements for wind tower production.

Broadwind (NASDAQ:BWEN), a diversified precision manufacturer of specialized components and equipment, has scheduled its second quarter 2025 earnings release and conference call. The company will release results before market open on Tuesday, August 12, 2025, followed by a conference call at 11:00 a.m. ET the same day.

The conference call will include a Q&A session and will be accessible via webcast through the company's investor relations website. A replay will be available through August 19, 2025.

Broadwind (NASDAQ:BWEN) has secured a significant $6 million follow-on order for precision machined gearing products from a leading OEM in the natural gas turbine sector. The order is part of a two-year agreement with potential for additional volume, representing the minimum first-year commitment.

Production is scheduled to begin in Q4 2025, with fulfillment planned for 2026 and 2027. The components will be used in natural gas turbines for the power generation market, aligning with Broadwind's strategy to leverage sustained demand in this sector.

Broadwind (BWEN) has announced the sale of its industrial fabrication operations in Manitowoc, Wisconsin for $13 million, with the deal expected to close in Q3 2025. The strategic divestiture aims to optimize the company's asset base and improve operating leverage by consolidating operations and reducing annual operating costs by $8 million. The Manitowoc facility, which generated $25 million in revenue in 2024, will see approximately $8 million of wind-related revenue transferred to the Abilene, TX facility. This move aligns with Broadwind's strategy to diversify toward higher-margin precision manufacturing segments and reduce wind exposure. On a proforma 2024 basis, revenue would be approximately $125 million, distributed across Heavy Fabrications (52%), Gearing (28%), and Industrial Solutions (20%). The transaction will significantly enhance the company's liquidity, reducing net debt from $16.7 million to $3.7 million and increasing total cash from $1.2 million to $9.4 million post-closing.

Broadwind (BWEN) reported mixed Q1 2025 results with total revenue of $36.8 million, down 2.1% year-over-year, and a net loss of ($0.4) million or ($0.02) per share, compared to net income of $1.5 million in Q1 2024. The company achieved adjusted EBITDA of $2.4 million (6.4% margin). Total orders increased 5% year-over-year to $30.5 million, with the Industrial Solutions segment reaching record orders. The Heavy Fabrications segment saw 14.7% revenue growth, while Gearing and Industrial Solutions segments declined 28.4% and 29.3% respectively. The company maintained a healthy balance sheet with net debt to adjusted EBITDA ratio of 1.4x and $22.6 million in available cash and liquidity. Broadwind reiterated its full-year 2025 guidance with expected revenue of $140-160 million and adjusted EBITDA of $13-15 million.

Broadwind (Nasdaq: BWEN), a diversified precision manufacturer of specialized components and equipment, has scheduled its first quarter 2025 earnings release and conference call.

The company will release its Q1 2025 financial results before market opening on Tuesday, May 13, 2025. A conference call will follow at 11:00 a.m. ET, featuring a results review, recent events discussion, and Q&A session.

Key Details:

• Live Teleconference Number: 877-407-9716
• Replay Number: 844-512-2921
• Conference ID: 13752898
• Replay Available Until: May 20, 2025

Investors can access the webcast and presentation materials through the company's Investor Relations website at investors.bwen.com/investors. Participants should join 15 minutes early to register and install necessary audio software.

Broadwind (BWEN) has secured its largest-ever order for precision machined gearing products in the power generation market. The company's Q1 2025 bookings from a leading natural gas turbine OEM have surpassed $2.0 million.

To capitalize on growing demand for electrical infrastructure components, Broadwind has enhanced its capabilities beyond traditional gearing through investments in advanced machining and expanded certifications, including ITAR, CMMC, and AS9100 for defense and aerospace applications.

CEO Eric Blashford highlighted that this significant order validates their strategic investments and positions the company for growth in the power generation market, representing a multi-year opportunity across all business units.