Broadwind Energy (BWEN) Tops Q3 EPS by 8c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- S&P, Nasdaq end lower on semiconductor selloff as AI spending concerns mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
Broadwind Energy Announces Third-Quarter 2016 Results
October 28, 2016 7:00 AM EDTHighlights:
Revenue of $43 million in Q3 2016, down from $50 million in Q3 2015 as expected lower steel prices and continued weak demand from Gearing customers Gross profit margin rises to 12.5% in Q3 2016, more than double Q3 2015Income from continuing operations of $1.2 million (or $.08 per share) in Q3 2016, compared to loss from continuing operations of $2.4 million (or $.16 per share) in Q3 2015 Cost reductions tracking ahead of plan $6.5 million reduction in manufacturing overhead and operating expenses through Q3 2016CICERO, Ill.,... More
