In the latest market close, Broadwind Energy, Inc. (BWEN) reached $2.18, with a -0.46% movement compared to the previous day. The stock trailed the S&P 500, which registered a daily gain of 0.01%. At the same time, the Dow added 0.09%, and the tech-heavy Nasdaq gained 0.08%. Shares of the company have appreciated by 5.29% over the course of the past month, outperforming the Industrial Products sector's gain of 4.18% and the S&P 500's gain of 1.21%. The investment community will be closely monitoring the per ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Broadwind Energy, Inc. (BWEN) . Broadwind Energy currently has an average brokerage recommenda ...

The most recent trading session ended with Broadwind Energy, Inc. (BWEN) standing at $2.19, reflecting a -1.79% shift from the previouse trading day's closing. The stock trailed the S&P 500, which registered a daily loss of 0.29%. Elsewhere, the Dow lost 0.25%, while the tech-heavy Nasdaq lost 0.31%. Shares of the company have appreciated by 6.7% over the course of the past month, outperforming the Industrial Products sector's gain of 3.77% and the S&P 500's gain of 1.57%. The upcoming earnings release of B ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sellside) analysts often affect a stock's price, do they really matter? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Broadwind Energy, Inc. (BWEN) . Broadwind Energy currently has an average ...

Broadwind, Inc. (NASDAQ:BWEN) Q2 2024 Earnings Conference Call August 13, 2024 11:00 AM ET Company Participants Thomas Ciccone - Vice President and Chief Financial Officer Eric Blashford - President and Chief Executive Officer Conference Call Participants Justin Clare - ROTH Capital Partners Amit Dayal - H.C. Wainwright Eric Stine - Craig-Hallum Capital Group LLC Martin Malloy - Johnson Rice & Company Operator Greetings, and welcome to Broadwind Second Quarter 2024 Results Conference Call. At this time, all ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 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 88-0409160 (State or other jurisdict ...

Broadwind | Investor Presentation 2023 1 Second Quarter 2024 Conference Call Presentation August 13, 2024 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 assumptions m ...

EXHIBIT 99.1 Broadwind Announces Second Quarter 2024 Results CICERO, Ill., Aug. 13, 2024 (GLOBE NEWSWIRE) -- Broadwind (Nasdaq: BWEN, or the "Company"), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced results for the second quarter 2024. SECOND QUARTER 2024 RESULTS Total revenue of $36.5 million Net income of $0.5 million, or $0.02 per diluted share Total non-GAAP adjusted EBITDA of $3.6 million, or 10.0% of total revenue Ratio of net debt ...

CICERO, Ill., Aug. 13, 2024 (GLOBE NEWSWIRE) -- Broadwind (Nasdaq: BWEN, or the "Company"), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced results for the second quarter 2024. SECOND QUARTER 2024 RESULTS Total revenue of $36.5 million Net income of $0.5 million, or $0.02 per diluted share Total non-GAAP adjusted EBITDA of $3.6 million, or 10.0% of total revenue Ratio of net debt to trailing twelve-month non-GAAP adjusted EBITDA of 1.1x as ...

Core Viewpoint - Broadwind, Inc. (BWEN) is anticipated to report its second-quarter 2024 results on August 13, with expectations of a significant earnings surprise based on past performance [1] Group 1: Earnings Performance - The company has consistently beaten earnings estimates in the last four quarters, achieving an average earnings surprise of 95.5% [1] - In the last reported quarter, BWEN's earnings of 7 cents per share exceeded the Zacks Consensus Estimate of a loss of 7 cents per share by 200% [1] Group 2: Revenue Influences - The Industrial Solutions segment is projected to see increased revenues due to higher gas turbine projects and rising shipments of both new and aftermarket gas turbine content, supported by global electricity demand growth [2] - An increase in order levels driven by strong activity in the natural gas turbine market, along with a focus on expanding the industrial fabrications portfolio and heightened customer interest from the defense industry, is expected to boost revenues [3] Group 3: Cost Structure and Market Challenges - The company has been aligning its cost structure with current demand, which is likely to enhance margin performance [4] - However, a decline in demand for wind towers may negatively impact the Heavy Fabrications segment, and reduced shipments for industrial, mining, and oil & gas customers could affect the Gearing segment's results [4] Group 4: Financial Estimates - The consensus estimate for BWEN's revenues is $37 million, reflecting a decrease of 26.9% compared to the same quarter last year [5] - The consensus estimate for earnings is projected at breakeven, indicating a decline from earnings of 7 cents per share in the previous year [5] Group 5: Earnings Prediction Model - The current model does not predict an earnings beat for BWEN, as the Earnings ESP is 0.00% with both the Most Accurate Estimate and Zacks Consensus Estimate at breakeven [6][7] - BWEN holds a Zacks Rank of 3, indicating a hold position [7]