Broadwind Inc. Reports Q1 2025 Results: Net Loss of $0.4M, Revenue Down 2.1%, EPS at ($0.02)

Reuters
05-13
Broadwind Inc. Reports Q1 2025 Results: Net Loss of $0.4M, Revenue Down 2.1%, EPS at ($0.02)

Broadwind Inc., a diversified precision manufacturer, announced its first quarter 2025 results, revealing a net loss of $0.4 million, or $0.02 per diluted share. This contrasts with the net income of $1.5 million, or $0.07 per diluted share, reported in the first quarter of 2024. The company's total revenue for the first quarter of 2025 was $36.8 million, marking a 2.1% decline year-over-year. This decrease was attributed to lower sales volume across the mining, oil & gas, and natural gas turbine end-markets, partially offset by stronger sales from the wind market. In the Heavy Fabrications segment, revenue increased by 14.7% compared to the prior year period, driven by increased demand for wind repowering adapters. Conversely, the Gearing segment experienced a 28.4% decrease in revenue, primarily due to reduced demand in the mining and oil & gas sectors. For the full year 2025, Broadwind reiterated its financial guidance, projecting total revenue between $140 million and $160 million, with adjusted EBITDA expected to range from $13 million to $15 million. Total orders as of March 31, 2025, increased by 5% year-over-year, amounting to $30.5 million. The company continues to focus on its strategic growth initiatives and market opportunities.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Broadwind Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001171843-25-003108), on May 13, 2025, and is solely responsible for the information contained therein.

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