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Broadwind Announces Second Quarter 2024 Results
BWENBroadwind(BWEN) GlobeNewswire News Room·2024-08-13 11:00

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 36.5millionNetincomeof36.5 million Net income of 0.5 million, or 0.02perdilutedshareTotalnonGAAPadjustedEBITDAof0.02 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 ...