secwatch.observer — SEC 8-K summary
======================================

Issuer:     BROADWIND, INC. (BWEN)
CIK:        0001120370
Form:       8-K
Filed at:   2023-11-13T23:59:59+00:00
Accession:  0001171843-23-007000
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Broadwind Q3 revenue $57.2M (+27% YoY), net income $4.4M vs prior-year loss, backlog $220.8M
--------------------------------------------------------------------------------

- Revenue $57.2M (+27% YoY); GAAP net income $4.4M ($0.20 diluted EPS) vs net loss of $1.8M in Q3 2022.
- Non-GAAP adjusted EBITDA $7.6M (+$5.7M YoY); Adjusted EBITDA margin 13.3% vs 4.2% a year ago.
- Total backlog $220.8M (+$88.6M); Heavy Fabrications segment sales up 25% to $38.3M.
- Reiterates FY2023 guidance: revenue $205-220M, Adj. EBITDA $17-19M.
- Supply agreement with wind turbine maker: half of 2024 tower orders shifted to 2025, total volume unchanged.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1120370/000117184323007000/0001171843-23-007000-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1120370/000117184323007000/f8k_111123.htm
  HTML page:      https://secwatch.observer/filing/0001171843-23-007000

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