secwatch.observer — SEC 8-K summary
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Issuer:     BROADWIND, INC. (BWEN)
CIK:        0001120370
Form:       8-K
Filed at:   2022-11-08T23:59:59+00:00
Accession:  0001171843-22-007204
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Broadwind Q3 revenue $44.8M (+11% y/y); net loss narrows to $1.8M; orders surge 99%
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- Revenue $44.8M (+11% YoY); net loss ($1.8M) or ($0.09)/share vs ($2.1M) loss in Q3 2021.
- Non-GAAP adjusted EBITDA $1.9M, up 374% from $0.4M a year ago; Q4 guidance $0.2M-$0.5M.
- Orders $84.5M (+99% YoY) and backlog $132.2M (+73% YoY) at multi-quarter highs.
- Heavy Fabrications segment rev $30.6M (+7%); Gearing rev $10.2M (+35%), operating income $0.6M.
- CEO cites IRA-driven wind recovery and broad industrial demand as tailwinds going into 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1120370/000117184322007204/0001171843-22-007204-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1120370/000117184322007204/f8k_110722.htm
  HTML page:      https://secwatch.observer/filing/0001171843-22-007204

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