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Broadwind Energy Inc (BWEN.OQ)

BWEN.OQ on NASDAQ Stock Exchange Capital Market

2.46USD
16 Feb 2018
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Latest Key Developments (Source: Significant Developments)

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

Generational Capital Markets announces acquisition of Red Wolf Company by Broadwind Energy
Tuesday, 7 Feb 2017 07:58am EST 

Generational Capital Markets : Generational Capital Markets announces acquisition of Red Wolf Company by Broadwind Energy .Generational Capital Markets says acquisition closed Feb. 1, 2017, details were not disclosed.  Full Article

Broadwind Energy acquires Red Wolf Company
Wednesday, 1 Feb 2017 07:00am EST 

Broadwind Energy Inc : Broadwind Energy acquires red wolf company . Broadwind Energy says Red Wolf acquisition is expected to be immediately accretive to Broadwind's earnings . Says process systems segment is expected to generate approximately $30-32 million of revenue in 2017 .Operating income impact of Red Wolf acquisition will be determined after third-party purchase allocation valuation has been finalized.  Full Article

BRIEF-Broadwind Energy, Unit Entered Into Amendment To Loan & Security Agreement

* BROADWIND ENERGY SAYS ON JAN 29, CO, UNIT ENTERED INTO THIRD AMENDMENT TO LOAN & SECURITY AGREEMENT, AS AMENDED, DATED OCTOBER 26, 2016 -SEC FILING