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Broadwind Energy Inc (BWEN.OQ)

BWEN.OQ on NASDAQ Stock Exchange Capital Market

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Latest Key Developments (Source: Significant Developments)

Broadwind Energy Lowers Short Term Outlook
Wednesday, 5 Sep 2018 07:00am EDT 

Sept 5 (Reuters) - Broadwind Energy Inc ::BROADWIND ENERGY LOWERS SHORT TERM OUTLOOK.BROADWIND ENERGY INC - REDUCED Q3 REVENUE GUIDANCE TO $31 MILLION - $32 MILLION.BROADWIND ENERGY INC -SHORT-TERM OUTLOOK FOR TOWER DELIVERIES HAS DECLINED, RESULTING IN LOWER SECOND HALF REVENUES AND EARNINGS.  Full Article

Broadwind Energy Reports Q4 Loss Per Share of $0.45 From Continuing Operations
Tuesday, 27 Feb 2018 07:00am EST 

Feb 27 (Reuters) - Broadwind Energy Inc ::Q4 LOSS PER SHARE $0.45 FROM CONTINUING OPERATIONS.‍MEDIUM-TERM OUTLOOK FOR WIND ENERGY REMAINS STRONG​.QTRLY REVENUES $17.8 MILLION VERSUS $48.2 MILLION.‍CALLED BACK OR HIRED A SIGNIFICANT NUMBER OF EMPLOYEES TO SUPPORT PRODUCTION NEEDS IN 2018​.AT DEC 31, 2017, TOTAL BACKLOG WAS $138.2 MILLION, VERSUS BACKLOG OF $188.7 MILLION AT DEC 31, 2016.CO BOOKED $12.3 MILLION OF NET NEW ORDERS IN Q4 2017, DOWN FROM $32.3 MILLION BOOKED IN Q4 2016.‍EXPECT CONSOLIDATED Q1 2018 REVENUE OF $28 MILLION TO 30 MILLION​.‍BACKLOG SUPPORTS FURTHER RISE IN REVENUE IN Q2 2018 TO ABOUT $40 MILLION​.‍EXPECT CONSOLIDATED Q1 2018 EBITDA LOSS OF ABOUT $1 MILLION​.‍EXPECT POSITIVE EBITDA GENERATION IN Q2 2018​.  Full Article

Broadwind Energy, Unit Entered Into Amendment To Loan & Security Agreement
Friday, 2 Feb 2018 10:27am EST 

Feb 2 (Reuters) - Broadwind Energy Inc ::BROADWIND ENERGY SAYS ON JAN 29, CO, UNIT ENTERED INTO THIRD AMENDMENT TO LOAN & SECURITY AGREEMENT, AS AMENDED, DATED OCTOBER 26, 2016 -SEC FILING.BROADWIND-AMENDMENT WAIVED FIXED CHARGE COVERAGE RATIO COVENANT, AS OF DEC 31, 2017 & ADDED NEW MINIMUM EBITDA, CAPEX COVENANTS THROUGH JUNE 30, 2018.  Full Article

Broadwind Energy reports Q3 loss per share of $0.14 from continuing operations
Tuesday, 31 Oct 2017 07:00am EDT 

Oct 31 (Reuters) - Broadwind Energy Inc :Q3 loss per share $0.14 from continuing operations.Q3 earnings per share $0.25 including items.Broadwind Energy Inc - ‍reported sales of $29.6 million in q3 2017, compared to $42.6 million in q3 2016.​.Broadwind Energy Inc - expect consolidated revenues in Q4 to be in $20 million range, and to incur an EBITDA loss of $2-3 million​.Broadwind Energy Inc - ‍revenues should begin to rebound in early 2018​.Broadwind Energy Inc - ‍expect Q1 consolidated revenue of about $30 million and Q2 consolidated revenue to rise above $40 million.​.Broadwind Energy Inc - ‍at September 30, 2017, total backlog was $143.3 million, compared to a backlog of $204.2 million at September 30, 2016.​.  Full Article

Broadwind Energy reports Q3 per share loss of $0.15
Tuesday, 31 Oct 2017 07:00am EDT 

Oct 31 (Reuters) - Broadwind Energy Inc ::Q3 loss per share $0.15 .Q3 loss per share $0.14 from continuing operations.Reported sales of $29.6 million in Q3 2017, compared to $42.6 million in Q3 2016.​.Expect consolidated revenues in Q4 to be in $20 million range, and to incur an EBITDA loss of $2 million - $3 million​.Revenues should begin to rebound in early 2018​.Expect Q1 consolidated revenue of about $30 million and Q2 consolidated revenue to rise above $40 million.​.At September 30, 2017, total backlog was $143.3 million, compared to a backlog of $204.2 million at September 30, 2016.​.  Full Article

Broadwind Energy files for mixed shelf of up to $50 mln
Friday, 11 Aug 2017 05:03pm EDT 

Aug 11 (Reuters) - Broadwind Energy Inc :Broadwind energy files for mixed shelf of up to $50 million - SEC filing‍​.  Full Article

Broadwind Energy reports Q2 loss per share $0.05 from cont ops
Tuesday, 1 Aug 2017 07:00am EDT 

Aug 1 (Reuters) - Broadwind Energy Inc ::Q2 loss per share $0.05 from continuing operations.Q2 earnings per share $0.39 including items.Broadwind energy inc says q2 2017 revenue of $43 million flat versus. Q2 2016.Broadwind energy inc says company booked $17.6 million of net new orders in q2 2017.Broadwind energy inc says at june 30, 2017, total backlog was $155.9 million, compared to a backlog of $218.9 million at june 30, 2016.Broadwind energy inc says in q3 expect total revenues in $30 million range, and ebitda of approximately $1 million.Q2 revenue view $43.2 million -- Thomson Reuters I/B/E/S.  Full Article

Man Group Plc reports 5.73 pct passive stake in Broadwind Energy as of May 3
Friday, 12 May 2017 04:26pm EDT 

May 12 (Reuters) - Man Group Plc: :Man Group Plc reports a 5.73 percent passive stake in Broadwind Energy Inc as of may 3 - sec filing.  Full Article

Broadwind Energy posts Q1 EPS of $0.34
Tuesday, 2 May 2017 07:00am EDT 

May 2 (Reuters) - Broadwind Energy Inc :Q1 earnings per share $0.43 from continuing operations.Q1 earnings per share $0.34.Q1 sales rose 20 percent to $56.1 million.Q1 2017 orders total $40 million, up 3 pct from Q1 2016.Booked $40.0 million of net new orders in Q1 2017, compared to $39.0 million of net new orders booked in q1 2016.At March 31, 2017, total backlog was $181.7 million, more than double backlog of $86.0 million at march 31, 2016.  Full Article

Broadwind Energy Q4 earnings per share $0.03 from continuing operations
Thursday, 23 Feb 2017 07:00am EST 

Broadwind Energy Inc : Q4 earnings per share $0.03 from continuing operations . Q4 sales rose 28 percent to $48.2 million . Sees FY 2017 revenue $210 million to $220 million . Sees Q1 2017 revenue $54 million to $56 million . Broadwind Energy Inc says at December 31, 2016, total backlog was $188.7 million, more than doubling backlog of $93.9 million at December 31, 2015 . Q4 earnings per share view $0.04, revenue view $44.9 million -- Thomson Reuters I/B/E/S . Sees 2017 EBITDA of approximately $14-16 million .Sees Q1 EBITDA of approximately of $3 million.  Full Article