Broadwind Energy (BWEN) Misses Q2 EPS by 2c
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Broadwind Announces Second Quarter 2022 Results
August 9, 2022 7:00 AM EDTCICERO, Ill., Aug. 09, 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 second quarter 2022.
SECOND QUARTER 2022 RESULTS(As compared to the second quarter 2021)
Total revenue of $50.0 million, +8% y/yGearing segment revenue of $10.1 million, +37% y/yIndustrial Solutions segment revenue of $5.0 million, +43% y/yTotal net loss of ($2.7 million), or ($0.13) per basic shareNon-wind orders of $24 million, +60% y/y, supported by diverse end-market demandTotal backlog of $93.2 million, +25% y/yTotal cash and... More