BUZZ-Broadwind up after raising annual revenue forecast

Reuters
11/14
BUZZ-Broadwind up after raising annual revenue forecast

** Shares of renewable energy equipment manufacturer Broadwind Inc BWEN.O rise 21% to $2.65

** Co raises annual revenue forecast to the range of $155 million to $160 million, compared to prior forecast of $145 million to $155 million

** Maintained annual adjusted EBITDA forecast of $9 million to $10 million

** Reports Q3 revenue rise of 24.6% to $44.24 million

** Up to last close, stock up 16.5% YTD

(Reporting by Sanskriti Shekhar in Bengaluru )

((Sanskriti.Shekhar@thomsonreuters.com))

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