{"schema_version":"secwatch.filing_event.v1","accession":"0001171843-24-002822","form_type":"8-K","ticker":"BWEN","cik":"0001120370","company_name":"BROADWIND, INC.","filed_at":"2024-05-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:17.351475+00:00","generated_at":"2026-06-02T00:16:56.214852+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Broadwind Q1 net income rises to $1.5M despite 23% revenue drop; Q2 guidance in line","bullets":["Q1 revenue $37.6M, down >23% YoY; net income $1.5M ($0.07 diluted EPS) vs $0.8M ($0.04) prior year.","Adjusted EBITDA $4.2M (11.1% margin) vs $4.1M; gross margin up 330 bps YoY.","Segment: Heavy Fab sales -30.3% to $22.0M; Gearing -30.3% to $8.3M; Industrial Solutions +47.4% to $8.0M.","Q1 orders up 43.5% sequentially; backlog $159.9M; net leverage 0.6x; liquidity $22.4M.","Q2 2024 guidance: revenue $37-39M, adjusted EBITDA $2.5-3.5M; cost actions target >$4M annualized savings."],"urls":{"canonical":"https://secwatch.observer/filing/0001171843-24-002822","json":"https://secwatch.observer/filing/0001171843-24-002822.json","markdown":"https://secwatch.observer/filing/0001171843-24-002822.md","text":"https://secwatch.observer/filing/0001171843-24-002822.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1120370/000117184324002822/0001171843-24-002822-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1120370/000117184324002822/f8k_051324.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T00:16:56.214852+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"f8cad35ccba4235bd050e6968bd766a9f2468e61","claim":"BROADWIND, INC. reported the quarter ended March 31, 2024 results: revenue $37.6 million, net income $1.5 million, EPS $0.07 per diluted share. Guidance initiated.","evidence_excerpt":"Broadwind Announces First Quarter 2024 Results CICERO, Ill., May 14, 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 first quarter 2024. FIRST QUARTER 2024 RESULTS Total revenue of $37.6 million Net income of $1.5 million, or $0.07 per diluted share","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1120370/000117184324002822/0001171843-24-002822-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2024"},{"label":"Revenue","value":"$37.6 million"},{"label":"Net income","value":"$1.5 million"},{"label":"EPS","value":"$0.07 per diluted share"},{"label":"Guidance","value":"initiated"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}