earnings
confidence high
sentiment negative
materiality 0.70
Broadwind Q2 2025 revenue up 7.6% to $39.2M, net loss $1.0M, suspends guidance due to Manitowoc sale
BROADWIND, INC.
2025-Q2 EPS
reported -$0.06
vs consensus $0.01
▼ miss
(-688.2%)
- Revenue $39.2M (+7.6% y/y); net loss $1.0M ($0.04 diluted EPS) vs net income $0.5M ($0.02) y/y.
- Adjusted EBITDA $2.1M (5.3% of sales) down from $3.6M; Heavy Fab revenue +27.4%, Gearing -30.3%.
- Backlog $95.3M, -31.5% y/y; orders $21.0M, +14% y/y; Industrial Solutions sets record orders for 3rd consecutive quarter.
- Pending sale of Manitowoc industrial fab ops for min $13M expected Q3 close; FY2025 guidance suspended; Manitowoc had ~$25M revenue in FY2024.
- Net leverage ratio 3.0x (up from 1.4x Q1) due to wind tower working capital needs; cash and availability $14.9M.