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Broadwind Inc - BWEN STOCK NEWS

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

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Broadwind's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Broadwind's position in the market.

Rhea-AI Summary
Broadwind (BWEN) reports strong fourth quarter and full-year 2023 results with revenue growth, increased gross profit, and positive net income. The company highlights improved operating leverage and profitability driven by demand growth in Heavy Fabrications and Industrial Solutions segments. Broadwind anticipates gradual acceleration in onshore wind development in the second half of 2024 despite temporary delays due to economic factors. Financial guidance for the first quarter 2024 indicates a positive outlook for revenue and adjusted EBITDA.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.61%
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-
Rhea-AI Summary
Broadwind (BWEN) to Release Fourth Quarter and Full-Year 2023 Results on March 5, 2024
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.37%
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-
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.76%
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none
Rhea-AI Summary
Broadwind, Inc. (BWEN) Announces Strong Q3 2023 Results with Revenue Up 27% YoY and Non-GAAP Adjusted EBITDA Up 5.7M YoY
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-27.46%
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-
Rhea-AI Summary
BWEN: Broadwind Reschedules Q3 2023 Results Conference Call to November 13, 2023. Webcast and Presentation Materials Available. Live teleconference and replay details provided.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.68%
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-
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.56%
Tags
Rhea-AI Summary
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%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
10.75%
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-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.85%
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.42%
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none
Rhea-AI Summary
Broadwind announces CEO and CFO attendance at Craig-Hallum Institutional Investor Conference.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.67%
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conferences
Broadwind Inc

Nasdaq:BWEN

BWEN Rankings

BWEN Stock Data

50.07M
19.12M
11.83%
28.06%
1.11%
Turbine and Turbine Generator Set Units Manufacturing
Manufacturing
Link
US
Cicero

About BWEN

broadwind energy (nasdaq: bwen) broadwind energy is a precision manufacturer of structures, equipment and components for clean tech and other specialized applications. with facilities throughout the u.s., broadwind energy's talented team is committed to helping customers maximize performance of their investments-quicker, easier and smarter. find out more at www.bwen.com.