Broadwind Energy (BWEN) Tops Q2 EPS by 41c
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Broadwind Announces Second Quarter 2021 Results
August 6, 2021 7:00 AM EDTCICERO, Ill., Aug. 06, 2021 (GLOBE NEWSWIRE) -- Broadwind (NASDAQ: BWEN), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced results for the second quarter 2021.
SECOND QUARTER 2021 RESULTS(As compared to the second quarter 2020)
Total revenue of $46.5 million, down 15% year-over-yearTotal net income of $10.3 million, or $0.53 per diluted share, including $12.7 million of CARES Act benefitsTotal non-GAAP adjusted EBITDA of $12.8 millionTotal cash and excess availability of $23.7 million, up 8% year-over-yearNet debt leverage at 0.4x TTM non-GAAP adjusted EBITDA, following... More