secwatch.observer — SEC 8-K summary
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Issuer:     BROADWIND, INC. (BWEN)
CIK:        0001120370
Form:       8-K
Filed at:   2024-11-13T23:59:59+00:00
Accession:  0001171843-24-006309
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Broadwind Q3 revenue $35.5M, net income $0.1M; guides Q4 revenue $31-33M
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- Q3 revenue $35.5M, net income $0.1M ($0.00 diluted EPS) vs $4.4M ($0.20) a year ago.
- Adjusted EBITDA $3.4M (9.5% of revenue) down from $7.6M in prior year period.
- Wind tower sections sold fell 54% YoY; total orders increased 45% YoY; backlog $124.3M.
- Q4 2024 guidance: revenue $31-33M, adjusted EBITDA $1.0-1.5M.
- Heavy Fabrications sales down 46.3% to $20.6M; Gearing down 19.6% to $9.2M; Industrial Solutions down 22.8% to $5.7M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1120370/000117184324006309/0001171843-24-006309-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1120370/000117184324006309/f8k_111224.htm
  HTML page:      https://secwatch.observer/filing/0001171843-24-006309

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