Group 1 - Broadwind Energy, Inc. (BWEN) closed at $1.68, with a daily increase of +1.82%, outperforming the S&P 500 which gained 0.13% [1] - Over the past month, BWEN shares have increased by 13.01%, contrasting with the Industrial Products sector's decline of 10.03% and the S&P 500's decline of 6.3% [1] Group 2 - The upcoming earnings per share (EPS) for Broadwind Energy, Inc. are projected at -$0.03, indicating a 142.86% decrease from the same quarter last year [2] - Quarterly revenue is estimated to be $33.94 million, down 9.8% from the previous year [2] Group 3 - For the entire fiscal year, earnings are projected at $0.07 per share, with revenue expected to be $152.66 million, reflecting increases of +40% and +6.65% respectively from the prior year [3] Group 4 - Recent adjustments to analyst estimates for Broadwind Energy, Inc. indicate evolving short-term business trends, with positive revisions suggesting analyst optimism about the company's profitability [4] Group 5 - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), currently ranks Broadwind Energy, Inc. at 3 (Hold) [6] Group 6 - Broadwind Energy, Inc. has a Forward P/E ratio of 25.39, which is a premium compared to its industry's Forward P/E of 19.11 [7] - The Manufacturing - General Industrial industry, part of the Industrial Products sector, has a Zacks Industry Rank of 171, placing it in the bottom 32% of over 250 industries [7]

Core Viewpoint - Broadwind Energy, Inc. is experiencing a challenging financial outlook with expected earnings decline and revenue drop, while its stock performance has shown resilience compared to broader market indices [1][2][3]. Financial Performance - In the latest trading session, Broadwind Energy, Inc. closed at $1.58, reflecting a +1.28% increase from the previous day, outperforming the S&P 500's loss of 5.98% [1]. - Analysts anticipate Broadwind Energy to report earnings of -$0.03 per share, indicating a year-over-year decline of 142.86%, with projected net sales of $33.94 million, down 9.8% from the previous year [2]. - For the full year, the Zacks Consensus Estimates predict earnings of $0.07 per share and revenue of $152.66 million, representing increases of +40% and +6.65% respectively from last year [3]. Analyst Estimates - Recent changes in analyst estimates for Broadwind Energy should be monitored, as they reflect short-term business trends and analyst sentiment regarding the company's profitability [4]. - The Zacks Rank system indicates that Broadwind Energy currently holds a rank of 3 (Hold), with a significant downward shift of 80.3% in the EPS estimate over the past month [6]. Valuation Metrics - Broadwind Energy's Forward P/E ratio stands at 24, which is higher than the industry average of 18.82, suggesting a premium valuation compared to its peers [7]. - The Manufacturing - General Industrial industry, which includes Broadwind Energy, has a Zacks Industry Rank of 143, placing it in the bottom 43% of over 250 industries [7].

Company Overview - Broadwind is a diversified precision manufacturer of specialized components and equipment serving global markets [1][3] - The company focuses on clean tech and other specialized applications, with facilities throughout the U.S. [3] Recent Developments - Broadwind announced its largest order to date for precision machined gearing products for the power generation market, with bookings exceeding $2.0 million in Q1 2025 [1][2] - The increasing demand for products supporting electrical infrastructure is driving strong interest in the company's precision manufactured components [2] Strategic Investments - The company has strategically enhanced its machining capabilities and expanded quality certifications, including ITAR, CMMC, and AS9100, to support defense and aerospace applications [2] - The significant order from a leading OEM customer validates the company's strategy and recent investments [3] Market Position - Broadwind is well-positioned to grow in the overall power generation market, which represents a multi-year opportunity across all business units [3]

Company Performance - Broadwind Energy, Inc. (BWEN) ended the latest trading session at $1.43, showing no change from the previous close, while the S&P 500 gained 0.08% [1] - The company's shares experienced a loss of 10.63% over the past month, underperforming the Industrial Products sector's loss of 5.98% and the S&P 500's loss of 7.33% [1] Earnings Expectations - The upcoming earnings report for Broadwind Energy is expected to show an EPS of -$0.03, representing a 142.86% decline compared to the same quarter last year [2] - Quarterly revenue is anticipated to be $33.94 million, down 9.8% from the previous year [2] Full-Year Estimates - Zacks Consensus Estimates project full-year earnings of $0.07 per share and revenue of $152.66 million, indicating year-over-year increases of 40% and 6.65%, respectively [3] Analyst Forecasts - Recent revisions to analyst forecasts for Broadwind Energy are important, as positive estimate revisions can indicate a favorable business outlook [4] Zacks Rank and Valuation - The Zacks Rank system currently rates Broadwind Energy at 3 (Hold), with an 80.3% decline in the Zacks Consensus EPS estimate over the past month [6] - The company has a Forward P/E ratio of 22, which is a discount compared to the industry average Forward P/E of 22.46 [7] Industry Context - Broadwind Energy operates within the Manufacturing - General Industrial industry, which has a Zacks Industry Rank of 162, placing it in the bottom 36% of over 250 industries [7][8]

Core Viewpoint - Broadwind Energy, Inc. (BWEN) has been trending in stock searches, indicating potential interest and volatility in its stock performance due to recent earnings estimate revisions and market conditions [1][2]. Earnings Estimate Revisions - For the current quarter, Broadwind Energy is expected to report a loss of $0.03 per share, reflecting a significant change of -142.9% from the same quarter last year. The consensus estimate has decreased by -150% over the past 30 days [5]. - The consensus earnings estimate for the current fiscal year is $0.07, indicating a year-over-year increase of +40%, but has changed by -80.3% in the last month [5]. - For the next fiscal year, the consensus estimate is $0.18, representing a year-over-year increase of +164.3%, although it has decreased by -47.1% recently [6]. Revenue Growth Forecast - The consensus sales estimate for the current quarter is $33.94 million, showing a year-over-year decline of -9.8%. For the current and next fiscal years, sales estimates are $152.66 million and $168 million, indicating increases of +6.7% and +10.1%, respectively [9]. Last Reported Results and Surprise History - In the last reported quarter, Broadwind Energy generated revenues of $33.57 million, a year-over-year decrease of -28%. The EPS was -$0.04, compared to $0.05 a year ago. The reported revenues exceeded the Zacks Consensus Estimate of $31.54 million by +6.41%, and the EPS surprise was +50% [11]. Valuation - Broadwind Energy is graded A in the Zacks Value Style Score, suggesting it is trading at a discount compared to its peers, indicating potential undervaluation [15].

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-34278 BROADWIND, INC. (Exact name of Registrant as specified in its charter) Delaware (State of or other jurisdiction of incorporatio ...

Fourth Quarter and Full-Year 2024 Conference Call Presentation March 5, 2025 Broadwind | Investor Presentation 2023 1 SAFE HARBOR STATEMENT This document contains "forward looking statements"—that is, statements related to future, not past, events—as defined in Section 21E of the Securities Exchange Act of 1934, as amended, that reflect our current expectations regarding our future growth, results of operations, financial condition, cash flows, performance, business prospects and opportunities, as well as a ...

Broadwind, Inc. (NASDAQ:BWEN) Q4 2024 Earnings Conference Call March 5, 2025 11:00 AM ET Company Participants Eric Blashford - President, Chief Executive Officer Tom Ciccone - Vice President, Chief Financial Officer Conference Call Participants Eric Stine - Craig Hallam Amit Dayal - HC Wainwright Justin Clare - Roth MKM Operator Greetings and welcome to Broadwind's Fourth Quarter and Full Year 2024 Results Conference Call. At this time, all participants are in a listen-only mode. A question-and-answer sessi ...

Financial Performance - Broadwind Energy, Inc. reported a quarterly loss of $0.04 per share, better than the Zacks Consensus Estimate of a loss of $0.08, and compared to earnings of $0.05 per share a year ago, indicating an earnings surprise of 50% [1] - The company posted revenues of $33.57 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 6.41%, but down from year-ago revenues of $46.6 million [2] - Over the last four quarters, Broadwind Energy has surpassed consensus EPS estimates four times and topped consensus revenue estimates two times [2] Stock Performance and Outlook - Broadwind Energy shares have declined approximately 20.2% since the beginning of the year, while the S&P 500 has only declined by 1.8% [3] - The current consensus EPS estimate for the coming quarter is -$0.01 on revenues of $37.5 million, and for the current fiscal year, it is $0.33 on revenues of $192.43 million [7] Industry Context - The Manufacturing - General Industrial industry, to which Broadwind Energy belongs, is currently ranked in the bottom 41% of over 250 Zacks industries, which may impact stock performance [8]

Financial Performance - Broadwind reported a net loss of $0.9 million, or $0.04 per share, in Q4 2024, compared to a net income of $1.1 million, or $0.05 per share, in Q4 2023[2]. - Total revenues for the three months ended December 31, 2024, decreased to $33,565 thousand from $46,598 thousand in the same period of 2023, representing a decline of approximately 28%[26]. - The company recorded a net loss of $(914) thousand for the three months ended December 31, 2024, compared to a net income of $1,071 thousand in the same period of 2023[26]. - The total net income for the company for the twelve months ended December 31, 2024, was $6,755 million, compared to $13,862 million for the same period in 2023, a decrease of 51.3%[33]. Revenue and Orders - Total revenue for Q4 2024 was $33.6 million, with adjusted EBITDA of $2.1 million, representing 6.4% of total revenue[7]. - Total orders increased by 85% in Q4 2024 compared to the prior year, with a book-to-bill ratio of 1.1x[4][6]. - Total orders for the three months ended December 31, 2024, increased to $37,470 thousand from $20,207 thousand in the same period of 2023, marking an increase of approximately 85%[30]. Segment Performance - Heavy Fabrications segment sales declined by 30.8% to $20.4 million in Q4 2024, primarily due to a 27% decline in wind-related revenue[10]. - Gearing segment sales decreased by 31.0% to $7.6 million in Q4 2024, driven by softness in demand from oil & gas markets[12]. - Industrial Solutions segment sales fell by 2.8% to $5.9 million in Q4 2024, primarily due to lower demand for aftermarket units[13]. - The Heavy Fabrications segment reported revenues of $20,429 thousand for the three months ended December 31, 2024, down from $29,503 thousand in 2023, a decrease of about 31%[30]. Cash and Debt Management - As of December 31, 2024, Broadwind had total cash and availability of $33 million, with a net debt to trailing twelve-month adjusted EBITDA ratio of 0.6x[5][8]. - The company’s cash balance at the end of the period was $7,721 thousand, a significant increase from $1,099 thousand at the end of 2023[28]. - Total current liabilities decreased to $43,557 thousand as of December 31, 2024, compared to $53,612 thousand in 2023, reflecting a reduction of approximately 19%[24]. Guidance and Future Outlook - For full-year 2025, Broadwind provided revenue guidance of $140 million to $160 million and adjusted EBITDA guidance of $13 million to $15 million[16]. - The company anticipates improvements in order activity across diverse end-markets as it moves through 2025, despite expected softness in oil/gas markets[6]. - Broadwind's strategic focus includes expanding commercial efforts in high-value markets and improving operational efficiency while selectively investing in high-return capabilities[8]. Profitability and Expenses - Gross profit for the twelve months ended December 31, 2024, was $21,189 thousand, down from $32,508 thousand in 2023, indicating a decrease of about 35%[26]. - Adjusted EBITDA for the twelve months ended December 31, 2024, was $13,325 thousand, down from $21,474 thousand in 2023, indicating a decrease of about 38%[32]. - Adjusted EBITDA for the Gearing Segment was $93 million in Q4 2024, significantly lower than $1,315 million in Q4 2023, indicating a decline of 92.9%[33]. - The company incurred proxy contest-related expenses of $1 million in Q4 2024, compared to $1,780 million in the previous year, indicating a significant reduction[33].