Broadwind Energy (BWEN) Tops Q1 EPS by 1c

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Broadwind Energy Announces Q1 2019 Results

April 26, 2019 7:01 AM EDT

Highlights:

Q1 2019 revenue of $41.7 million up 39% from 2018, all segments higher  Strong Gearing performance -- $10 million revenue and $1.4 million operating income EPS loss narrows to $.07 due to improved operating performanceAdjusted EBITDA at $1.7 million, up $3.3 million year over year (please refer to the reconciliation of GAAP measures to non-GAAP measures at the end of this release)Operating working capital increases $12.6M, consistent with the recovery in revenue

CICERO, Ill., April 26, 2019 (GLOBE NEWSWIRE) -- Broadwind... More