secwatch.observer — SEC 8-K summary
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Issuer:     BROADWIND, INC. (BWEN)
CIK:        0001120370
Form:       8-K
Filed at:   2021-11-10T23:59:59+00:00
Accession:  0001171843-21-007765
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Broadwind Q3 revenue down 26% to $40.4M; sees Q4 adjusted EBITDA loss of $1.0-$1.5M
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- Net loss of $2.1M ($0.11/sh) vs net loss $1.0M a year ago; adjusted EBITDA $0.4M vs $1.3M.
- Wind tower sections sold down 37% YoY; developers paused due to PTC extension uncertainty and steel inflation.
- Gearing segment orders up 258% YoY; non-wind orders grew $13.9M to $24.5M.
- Q4 2021 adjusted EBITDA loss guidance of ($1.0)-($1.5)M.
- Backlog declined 21% to $76.5M; cash and availability $21.1M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1120370/000117184321007765/0001171843-21-007765-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1120370/000117184321007765/f8k_110921.htm
  HTML page:      https://secwatch.observer/filing/0001171843-21-007765

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer