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. reports developments as a Nasdaq-listed precision manufacturer of structures, equipment and components for power generation, critical infrastructure and other specialized applications. Company updates commonly cover quarterly results, order activity, manufacturing utilization, guidance, and the performance of its Heavy Fabrications, Gearing and Industrial Solutions activities, including custom gearboxes, precision machined components, heat-treat services, supply-chain solutions, light fabrication, kitting and assembly.
Recent corporate news also documents Broadwind’s completed facility sales in Manitowoc and Abilene, the resulting exit from the wind market, and its refocus toward power generation and critical infrastructure customers. Other recurring items include conference-call announcements, investor presentations, financing updates and governance or compensation matters.
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 (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.
Broadwind (BWEN) reported mixed results for Q4 and full-year 2024. Q4 showed a net loss of ($0.9) million or ($0.04) per share, compared to net income of $1.1 million in Q4 2023. Q4 revenue was $33.6 million with adjusted EBITDA of $2.1 million.
Full-year 2024 delivered total revenue of $143.1 million with net income of $1.2 million ($0.05 per share) and adjusted EBITDA of $13.3 million. Q4 performance was impacted by lower demand across segments, with wind-related revenue down 27%. However, total orders increased 85% in Q4, with Industrial Solutions reaching record levels.
The company maintained strong financial health with $33 million in cash and availability, and a net debt to adjusted EBITDA ratio of 0.6x. Backlog grew to $125.5 million as of December 31, 2024, supported by increased customer demand across segments.
Broadwind (BWEN), a diversified precision manufacturer of specialized components serving global markets, has scheduled its fourth quarter and full-year 2024 financial results announcement for Wednesday, March 5, 2025, before market opening.
The company will host a conference call and webcast at 11:00 a.m. ET on the same day to discuss the results and recent events, followed by a question-and-answer session. Investors can access the webcast and presentation materials through the company's Investor Relations website at investors.bwen.com/investors. The teleconference replay will be available through Wednesday, March 12, 2025.
Participants are advised to register at least 15 minutes before the scheduled start time to ensure proper setup of necessary audio software.
Broadwind (BWEN) reported Q3 2024 results with total revenue of $35.5 million and net income of $0.1 million. The company achieved adjusted EBITDA of $3.4 million, representing 9.5% of total revenue. Revenue declined across all segments due to lower sales volumes, with wind tower sections down 54% year-over-year. Despite market challenges, total orders increased 45% in Q3, supporting a backlog of $124.3 million. The company reduced fixed overhead by $3.6M through operating expenditure reductions while maintaining profitability. Broadwind provided Q4 2024 guidance with expected revenue between $31-33 million and adjusted EBITDA of $1.0-1.5 million.