Broadwind Energy (BWEN) Reports In-Line Q3 EPS

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Go back to Broadwind Energy (BWEN) Reports In-Line Q3 EPS

Broadwind Announces Third Quarter 2020 Results

November 4, 2020 7:00 AM EST

CICERO, Ill., Nov. 04, 2020 (GLOBE NEWSWIRE) -- Broadwind (NASDAQ: BWEN), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced results for the third quarter 2020.

THIRD QUARTER 2020 RESULTS (As compared to the third quarter 2019)

Total revenue of $54.6 million, +18% y/yTotal gross profit of $3.7 million, (6%) y/yTotal net loss of ($1.0) million, or ($0.06) per basic shareTotal non-GAAP adjusted EBITDA of $1.3 million (30%) y/yTotal cash and excess availability of $21.8 million, +13% y/y

For the three... More