secwatch.observer — SEC 8-K summary
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Issuer:     BROADWIND, INC. (BWEN)
CIK:        0001120370
Form:       8-K
Filed at:   2024-08-13T23:59:59+00:00
Accession:  0001171843-24-004722
Event type: earnings
Sentiment:  negative
Materiality: 0.60
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Broadwind Q2 net income $0.5M, revenue $36.5M; guides Q3 revenue $36-38M
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- Net income $0.5M ($0.02 diluted EPS) vs $1.4M in Q2 2023; revenue down 28% YoY.
- Adjusted EBITDA $3.6M (10.0% margin) vs $5.4M prior year.
- Backlog $139.1M; book-to-bill ratio 0.5x; cash/liquidity $18.4M at June 30.
- Q3 2024 guidance: revenue $36-38M, adjusted EBITDA $1.7-2.5M.
- Heavy Fabrications sales fell 42%; Industrial Solutions rose 3.1%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1120370/000117184324004722/0001171843-24-004722-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1120370/000117184324004722/f8k_081224.htm
  HTML page:      https://secwatch.observer/filing/0001171843-24-004722

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