Broadwind Energy

Broadwind, Inc. is engaged in the manufacture of structures, equipment, and components for clean tech and other specialized applications. It operates through the following business segments: Heavy Fabrications, Gearing and Industrial Solutions. The Heavy Fabrications segment provides fabrications to customers in industrial markets. The Gearing segment provides gearing and gearboxes to customers in diverse markets including onshore and offshore oil and gas (O&G) fracking and drilling, surface and underground mining, wind energy, steel, material handling and other industrial markets. The Industrial Solutions segment provides supply chain solutions, inventory management, and kitting and assembly services, primarily serving the combined cycle natural gas turbine market. The company was founded in 1996 and is headquartered in Cicero, IL.

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

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Earnings data Q4 2022

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Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Broadwind Energy reports strong Q4 performance and eyes market expansion

Broadwind Energy's Q4 2022 performance showed improvements in revenue and EBITDA, with a positive outlook for full-year 2023.
The company's strengths lie in its optimism about market resurgence, capacity expansion plans, and adaptability to explore new markets.
Challenges include navigating project specifics, addressing analyst concerns, and optimizing operational efficiency amidst market dynamics.
Opportunities for Broadwind include clean tech market expansion, leveraging the IRA impact, and capitalizing on the favorable wind tower market landscape.

Broadwind Energy reports robust Q1 earnings and eyes wind sector growth

Broadwind Energy's Q1 2023 performance reflects strong profitability growth, diverse revenue streams, and a positive outlook for future order flow.
While facing challenges such as order variability and margin maintenance, the company's strengths in securing significant contracts and affirming financial guidance signal resilience and growth potential.
Opportunities in the wind sector growth, clean tech markets, and strategic financial planning offer avenues for Broadwind Energy to sustain its positive momentum and drive long-term value creation.

Broadwind Energy reports strong Q2 earnings, eyes growth opportunities

Broadwind Energy's Q2 performance demonstrated growth and profitability, with a focus on expanding product mix in higher-margin markets. Despite challenges in certain segments, the company is optimistic about its future prospects and is actively pursuing growth opportunities.

Broadwind Energy reports strong Q3 performance and outlines growth strategies

Broadwind Energy's Q3 2023 Earnings Call showcased robust financial results, with revenue and adjusted EBITDA showing substantial year-over-year increases. While facing challenges in order fluctuations, the company's strengths lie in its diversified segments, revenue growth, and strategic growth plans for 2024.

Broadwind Energy reports strong Q4 results and eyes future growth

Broadwind Energy (BWEN) showcased robust financial performance in Q4 2023 with strong revenue growth and profitability.
The company's backlog remains solid, and it is optimistic about future growth opportunities in the wind market.
With a successful 2023 behind them, Broadwind Energy looks forward to a promising 2024 and aims to capitalize on market trends.
Broadwind Energy's focus on PRS and expansion plans position it well for continued success and growth in the coming years.

Broadwind Energy reports resilient Q1 performance amidst revenue challenges

Broadwind Energy's Q1 2024 performance reflected resilience amidst revenue challenges, with notable strengths in cost savings and segment diversification.
While facing revenue declines in specific segments, the company is leveraging opportunities in wind energy, new product releases, and quality certifications for growth.
Executives are optimistic about the company's trajectory, emphasizing a focus on less cyclical markets and potential acceleration in domestic wind activity.

Broadwind Energy reports resilient Q2 performance amidst market challenges

Broadwind Energy's Q2 2024 performance reflects a mix of challenges and strengths across its business segments, with a focus on cost management and operational efficiency.
The company's financial guidance for Q3 2024 indicates a continued emphasis on revenue growth and adjusted EBITDA improvement.
Addressing challenges in specific segments while capitalizing on opportunities in renewable energy and aftermarket services will be key for Broadwind Energy's future success.
Strategic actions to navigate market dynamics and maintain a competitive edge will be crucial for sustaining growth and profitability in the evolving energy sector.

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Broadwind, Inc. engages in the manufacture of structures, equipment, and components for clean tech and other specialized applications. It operates through the following business segments: Heavy Fabrications, Gearing, and Industrial Solutions. The Heavy Fabrications segment provides fabrications to customers in industrial markets. The Gearing segment provides gearing, gearboxes, and precision machined components to customers in onshore and offshore oil and gas (O&G) fracking and drilling, surface and underground mining, wind energy, steel, material handling and other industrial markets. The Industrial Solutions segment provides supply chain solutions, light fabrication, inventory management, and kitting and assembly services, primarily serving the combined cycle natural gas turbine market. Broadwind was founded in 1996 and is headquartered in Cicero, IL.

Broadwind, Inc. (BWEN) CEO Eric Blashford on Q4 2020 Results - Earnings Call Transcript

Broadwind Energy, Inc. (BWEN) delivered earnings and revenue surprises of 0.00% and 0.74%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

Broadwind Energy, Inc. (BWEN) Reports Q4 Loss, Tops Revenue Estimates

CICERO, Ill., Feb. 25, 2021 (GLOBE NEWSWIRE) -- Broadwind (NASDAQ: BWEN), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced results for the fourth quarter and full-year 2020.

Broadwind Announces Fourth Quarter and Full-Year 2020 Results

CICERO, Ill., Feb. 19, 2021 (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 2020 results before the market opens on February 25, 2021. 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.

Broadwind Announces Fourth Quarter and Full-Year 2020 Results Conference Call Date

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CICERO, Ill., Jan. 22, 2021 (GLOBE NEWSWIRE) -- Broadwind (NASDAQ: BWEN), a diversified precision manufacturer of specialized components and solutions serving global markets, today issued preliminary results for the fourth quarter 2020 and introduced financial guidance for the first half of 2021.

Broadwind Provides Preliminary Fourth Quarter 2020 Results and First Half 2021 Financial Guidance

3Q20 results were fine after guidance was previously reduced on a delivery delay. We expect the name to trade with the wind space until more is known about their offshore wind tower plans.

Broadwind Wind - Their 'Think Big' Slogan Applies To 2021 And Beyond

Broadwind has had a great 2020, but its wind tower production is almost maxed out, this may cap earnings growth in 2021. However, BWEN does trade at a discount to other ESG names, this could offer substantial further upside if it re-rates to potential peers.

Broadwind: Great 2020, But More Capacity Needed

Broadwind, Inc. (BWEN) CEO Eric Blashford on Q3 2020 Results - Earnings Call Transcript

  Shares of Broadwind (NASDAQ:BWEN) remained unaffected after the company reported Q3 results.

Broadwind: Q3 Earnings Insights

CICERO, Ill., Oct. 22, 2020 (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 2020 results before the market opens on November 4, 2020. 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.

Broadwind Announces Third Quarter 2020 Results Conference Call Date

Broadwind (BWEN) to gain from healthy demand for wind tower, with the recent $21-million tower contract boosting its kitty. Also, lower plant capacity utilization is expected to affect Q3 results.

Broadwind Receives Tower Contract, Provides Business Update

Announces $21 million Wind Tower Orders with Major Turbine OEM for Delivery in 2021 Announces $21 million Wind Tower Orders with Major Turbine OEM for Delivery in 2021

Broadwind Provides Business Update

Broadwind's (BWEN) CEO Eric Blashford on Q2 2020 Results - Earnings Call Transcript

Broadwind Announced Strong Q2 2020 Results; Outlook Appears In Line

Shares of Broadwind (NASDAQ:BWEN) moved higher by 1.5% in pre-market trading after the company reported Q2 results.

Recap: Broadwind Q2 Earnings

CICERO, Ill., Aug.  05, 2020  (GLOBE NEWSWIRE) -- Broadwind (NASDAQ: BWEN), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced results for the second quarter 2020.

Broadwind Announces Second Quarter 2020 Results

Broadwind: Increasing Price Target Range Driven By Multiple Expansion And Continued Strong Industry Fundamentals

CICERO, Ill., July  23, 2020  (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 2020 results before the market opens on August 5, 2020.  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.

Broadwind Announces Second Quarter 2020 Results Conference Call Date

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Broadwind's Results Are Set To Tower Ahead Supporting Significant Upside

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Broadwind's 1Q20 report was stronger than expected.

Broadwind Has Towering Potential And A Not So Towering Valuation

Broadwind Energy, Inc. (BWEN) CEO Eric Blashford on Q1 2020 Results - Earnings Call Transcript

News for Broadwind Energy Stock (BWEN)