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Broadwind Energy, Inc. (BWEN) Reports Q1 Loss, Tops Revenue Estimates
ZACKS· 2025-05-13 13:10
Broadwind Energy, Inc. (BWEN) came out with a quarterly loss of $0.02 per share versus the Zacks Consensus Estimate of a loss of $0.03. This compares to earnings of $0.07 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 33.33%. A quarter ago, it was expected that this company would post a loss of $0.08 per share when it actually produced a loss of $0.04, delivering a surprise of 50%.Over the last four quarters, the company has ...
Broadwind(BWEN) - 2025 Q1 - Earnings Call Presentation
2025-05-13 11:03
First Quarter 2025 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 assumptions made by, and information currently available to, our management. We have tried to identify forward looking sta ...
Broadwind(BWEN) - 2025 Q1 - Quarterly Results
2025-05-13 11:00
Financial Performance - Broadwind reported a net loss of ($0.4) million, or ($0.02) per diluted share in Q1 2025, compared to net income of $1.5 million, or $0.07 per diluted share in Q1 2024[4]. - Total revenue for Q1 2025 was $36.8 million, a decline of 2.1% year-over-year, primarily due to lower sales in mining, oil & gas, and natural gas turbine markets[5]. - Adjusted EBITDA for Q1 2025 was $2.4 million, representing 6.4% of total revenue, down from $4.2 million in the prior year[4][9]. - Revenues for Q1 2025 were $36,838,000, a decrease of 2.07% compared to $37,616,000 in Q1 2024[28]. - Gross profit for Q1 2025 was $4,326,000, down 34.67% from $6,637,000 in Q1 2024[28]. - Operating income for Q1 2025 was $184,000, a significant decline from $2,078,000 in Q1 2024[29]. - Net loss for Q1 2025 was $370,000, compared to a net income of $1,510,000 in Q1 2024[29]. Orders and Revenue Segments - Total orders increased by 5% year-over-year to $30.5 million, driven by demand for wind repowering adapters and natural gas turbine content[6][9]. - Total orders for Q1 2025 were $30,455,000, an increase of 5.04% from $28,996,000 in Q1 2024[33]. - The Heavy Fabrications segment saw a revenue increase of 14.7% to $25.2 million, primarily due to higher demand for wind repowering adapters[12]. - The Gearing segment experienced a revenue decline of 28.4% to $6.0 million, mainly due to reduced demand in mining and oil & gas markets[14]. - The Industrial Solutions segment's revenue decreased by 29.3% to $5.6 million, attributed to lower shipments of natural gas turbine content[16]. - Adjusted EBITDA for Q1 2025 was $2,368,000, down 43.14% from $4,170,000 in Q1 2024[36]. - Heavy Fabrications segment revenues increased to $25,248,000 in Q1 2025 from $22,016,000 in Q1 2024[33]. Financial Position - As of March 31, 2025, Broadwind had total cash and availability of $22.6 million, with a net debt to trailing twelve-month adjusted EBITDA ratio of 1.4x[7][10]. - Total current liabilities increased to $45,112,000 in Q1 2025 from $43,557,000 in Q4 2024[26]. - Total stockholders' equity decreased slightly to $59,309,000 in Q1 2025 from $59,400,000 in Q4 2024[26]. - Cash at the end of Q1 2025 was $1,204,000, a decrease from $1,073,000 at the end of Q1 2024[30]. Future Outlook - The company reiterated its full-year 2025 revenue guidance, projecting total revenue between $140 million and $160 million[18]. - Management expects steady improvements in order activity across diverse end-markets for the remainder of the year[8].
Broadwind Announces First Quarter 2025 Results Conference Call and Webcast Date
Globenewswire· 2025-04-29 11:00
Teleconference Replay: 844-512-2921 Conference ID: 13752898 ABOUT BROADWIND CICERO, Ill., April 29, 2025 (GLOBE NEWSWIRE) -- Broadwind (Nasdaq: BWEN, or the "Company"), a diversified precision manufacturer of specialized components and equipment serving global markets, today announced that it will issue first quarter 2025 results before the market opens on Tuesday, May 13, 2025. 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 ...
Why Broadwind Energy, Inc. (BWEN) Outpaced the Stock Market Today
ZACKS· 2025-04-17 22:56
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]
Broadwind Energy, Inc. (BWEN) Ascends While Market Falls: Some Facts to Note
ZACKS· 2025-04-04 22:45
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].
Broadwind Awarded Strategic Order for Precision Components Supporting Power Generation
Newsfilter· 2025-04-02 22:00
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]
Broadwind Energy, Inc. (BWEN) Flat As Market Gains: What You Should Know
ZACKS· 2025-03-21 22:55
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]
Investors Heavily Search Broadwind Energy, Inc. (BWEN): Here is What You Need to Know
ZACKS· 2025-03-21 21:45
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].
Broadwind(BWEN) - 2024 Q4 - Annual Report
2025-03-05 21:12
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 ...