---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-21-005614"
form_type: "8-K"
ticker: "BWEN"
cik: "0001120370"
company_name: "BROADWIND, INC."
filed_at: "2021-08-06T23:59:59+00:00"
generated_at: "2026-06-29T19:56:23.698658+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Broadwind Q2 revenue down 15% to $46.5M; net income includes $12.7M CARES benefits; Q3 revenue guidance $38-42M

## Summary
- Total revenue $46.5M, down 15% YoY; net income $10.3M ($0.53 diluted) including $9.2M PPP forgiveness and $3.6M ERC benefits.
- Non-GAAP adjusted EBITDA $12.8M vs $2.9M prior-year; Q3 2021 revenue guidance $38-42M, adjusted EBITDA $0.5-1.0M.
- Orders $26.4M (-33% YoY); backlog $74.3M (-34% YoY); H2 tower production at ~50% optimal capacity, expecting ~25% sales decline.
- Director Terence P. Fox resigned effective Aug 3, 2021, no disagreement; Philip J. Christman new chair of Governance/Nominating Committee.

## SEC filing metadata
- accession: 0001171843-21-005614
- form_type: 8-K
- ticker: BWEN
- cik: 0001120370
- company_name: BROADWIND, INC.
- filed_at: 2021-08-06T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1120370/000117184321005614/0001171843-21-005614-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1120370/000117184321005614/f8k_080621.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-21-005614
- JSON: https://secwatch.observer/filing/0001171843-21-005614.json
- Plain text: https://secwatch.observer/filing/0001171843-21-005614.txt

## Key facts
- Executive change
  Terence P. Fox resigned as Director at BROADWIND, INC..
  - Action: resigned
  - Role: Director
  source text: On August 3, 2021, Terence P. Fox delivered notice of his resignation from the Board of Directors (the “Board”) of the Company, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1120370/000117184321005614/0001171843-21-005614-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.