Broadwind Energy (BWEN) Misses Q4 EPS by 2c

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Broadwind Announces Fourth Quarter and Full-Year 2021 Results

March 2, 2022 7:00 AM EST

CICERO, Ill., March 02, 2022 (GLOBE NEWSWIRE) -- Broadwind (NASDAQ: BWEN, or the Company), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced results for the fourth quarter and full-year 2021.

FULL-YEAR 2021 RESULTS(As compared to the full-year 2020)

Total revenue of $145.6 million, (27%) y/yTotal gross profit of $5.5 million, (69%) y/yTotal non-GAAP adjusted EBITDA of $13.2 million, +65% y/y

FOURTH QUARTER 2021 RESULTS(As compared to the fourth quarter 2020)

Total revenue of $26.0 million, (35%) y/yTotal gross profit of $1.0 million, (64%)... More