Broadwind Energy (BWEN) Misses Q4 EPS by 5c, Offers Guidance

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Go back to Broadwind Energy (BWEN) Misses Q4 EPS by 5c, Offers Guidance

Broadwind Announces Fourth Quarter and Full-Year 2019 Results

February 27, 2020 7:00 AM EST

CICERO, Ill., Feb. 27, 2020 (GLOBE NEWSWIRE) -- Broadwind (NASDAQ: BWEN), a diversified precision manufacturer of specialized components and solutions serving global industries, today announced results for the fourth quarter and full-year 2019.

4Q 2019 HIGHLIGHTS

Total revenue of $49.3 million (+81% y/y)Total net loss of ($1.6) million, or ($0.09) per basic shareTotal non-GAAP adjusted EBITDA of $1.8 million (+$3.5 million y/y)Total backlog of $142.3 million (+48% y/y)Total cash and availability of $19.0 million (+$7.5 million y/y)

FULL-YEAR 2019 HIGHLIGHTS

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