Broadwind, Inc. (BWEN) Q4 2023 Earnings Call Transcript
- Broadwind, Inc. (NASDAQ:BWEN ) Q4 2023 Earnings Conference Call March 5, 2024 11:00 AM ET Company Participants Eric Blashford - CEO Tom Ciccone - VP and CFO Conference Call Participants Eric Stine - Craig-Hallum Sameer Joshi - H.C. Wainwright Justin Clare - ROTH MKM Donovan Schafer - Northland Capital Markets Operator Greetings, and welcome to Broadwind's Fourth Quarter and Full Year 2023 Results Conference Call.
- 03/05/2024
|
Broadwind Energy, Inc. (BWEN) Q4 Earnings Beat Estimates
- Broadwind Energy, Inc. (BWEN) came out with quarterly earnings of $0.05 per share, beating the Zacks Consensus Estimate of $0.04 per share. This compares to loss of $0.14 per share a year ago.
- 03/05/2024
|
Broadwind Announces Fourth Quarter and Full-Year 2023 Results
- CICERO, Ill., March 05, 2024 (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 fourth quarter and full-year 2023.
- 03/05/2024
|
Broadwind Announces Fourth Quarter and Full-Year 2023 Results Conference Call and Webcast Date
- CICERO, Ill., Feb. 20, 2024 (GLOBE NEWSWIRE) -- Broadwind (Nasdaq: BWEN), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced that it will issue fourth quarter and full-year 2023 results before the market opens on Tuesday, March 5, 2024. A conference call will be held that same day at 12:00 p.m. ET to review the Company's financial results, discuss recent events and conduct a question-and-answer session.
- 02/20/2024
|
The 3 Most Undervalued Stocks Under $5 to Buy in February 2024
- While the concept of undervalued stocks under $5 sounds straightforward enough, investors need to apply more caution in this arena rather than for securities that are near the good side of $50. Fundamentally, it just comes down to this reality: if a publicly traded company drops that low, there might be a reason for it.
- 02/08/2024
|
Broadwind Announces Agreement to Sell Approximately $15 Million of IRA Advanced Manufacturing Tax Credits
- CICERO, Ill., Dec. 27, 2023 (GLOBE NEWSWIRE) -- Broadwind (Nasdaq: BWEN), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced that it has entered into a definitive Tax Credit Transfer Agreement (the “Agreement) with MarketAxess Holdings Inc. (the “Purchaser”) to sell earned Advanced Manufacturing Production Credits (“Tax Credits”), as outlined within the Inflation Reduction Act (IRA). Under the terms of the Agreement, Broadwind expects to sell approximately $15 million of tax credits, less discounts, transaction fees and related expenses.
- 12/27/2023
|
Small Stocks, Big Potential: 7 Penny Stocks Poised for Major Gains in 2024
- The equities market can feel like navigating through a fog while searching for the best penny stocks. Yet, amidst this uncertainty, a handful of names emerge as clear winners, displaying robust resilience and performance throughout the year.
- 12/04/2023
|
The Future Is Green: 3 Must-Have Renewable Energy Stocks for 2024
- Energy consumption has grown steadily over the last few decades. Companies and industry experts question whether the latest energy production methods are efficient and environmentally sound.
- 11/27/2023
|
Broadwind, Inc. (BWEN) Q3 2023 Earnings Call Transcript
- Broadwind, Inc. (NASDAQ:BWEN ) Q3 2023 Results Conference Call November 13, 2023 12:00 PM ET Company Participants Eric Blashford - CEO Tom Ciccone - VP, CFO Conference Call Participants Amit Dayal - H.C. Wainwright Martin Malloy - Johnson Rice Eric Stine - Craig-Hallum Justin Clare - ROTH MKM Operator Greetings, and welcome to Broadwind's Third Quarter 2023 Results Conference Call.
- 11/13/2023
|
Broadwind Energy, Inc. (BWEN) Tops Q3 Earnings Estimates
- Broadwind Energy, Inc. (BWEN) came out with quarterly earnings of $0.20 per share, beating the Zacks Consensus Estimate of $0.11 per share. This compares to loss of $0.09 per share a year ago.
- 11/13/2023
|
Broadwind Announces Third Quarter 2023 Results
- CICERO, Ill., Nov. 13, 2023 (GLOBE NEWSWIRE) -- Broadwind, Inc. (Nasdaq: BWEN, “Broadwind” or the “Company”), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced results for the third quarter 2023.
- 11/13/2023
|
Broadwind Reschedules Third Quarter 2023 Results Conference Call and Webcast to November 13
- CICERO, Ill., Nov. 07, 2023 (GLOBE NEWSWIRE) -- Broadwind (Nasdaq: BWEN), a diversified precision manufacturer of specialized components and solutions serving global markets, has rescheduled its third quarter 2023 results conference call and webcast to Monday, November 13, 2023, at 12:00 p.m. ET. Broadwind intends to issue its third quarter 2023 results that same day before the open of the U.S. equity markets.
- 11/07/2023
|
What's in Store for Broadwind Energy (BWEN) in Q3 Earnings?
- Strength in the industrial and energy markets and cost-control actions are likely to aid Broadwind Energy's (BWEN) Q3 results, partly offset by reduced activity in mining and construction markets.
- 11/02/2023
|
The 3 Best Penny Stocks to Buy in November
- When it comes to extremely speculative, low-priced securities, you need to exercise extreme caution, even if they're labeled as the best penny stocks to buy. Consider this term as euphemism for don't buy these incredibly risky ideas unless you perform extensive due diligence.
- 10/31/2023
|
Broadwind Announces Third Quarter 2023 Conference Call And Webcast Date
- CICERO, Ill., Oct. 25, 2023 (GLOBE NEWSWIRE) -- Broadwind (Nasdaq: BWEN), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced that it will issue third quarter 2023 results before the market opens on Wednesday, November 8, 2023. A conference call will be held that same day at 10:00 A.M. ET to review the Company's financial results, discuss recent events and conduct a question-and-answer session.
- 10/25/2023
|
Is Broadwind Energy (BWEN) Stock Outpacing Its Industrial Products Peers This Year?
- Here is how Broadwind Energy, Inc. (BWEN) and Cadre Holdings, Inc. (CDRE) have performed compared to their sector so far this year.
- 10/16/2023
|
These 7 Penny Stocks Could Triple Your Investment in a Decade
- With their low prices and tendency to be more volatile than the overall market, many investors see penny stocks as a possible opportunity for extremely high returns. Yet while the opportunity is there to generate fast gains in a short time frame, this may not be the best approach.
- 10/12/2023
|
Broadwind Energy, Inc. (BWEN) Upgraded to Strong Buy: What Does It Mean for the Stock?
- Broadwind Energy, Inc. (BWEN) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
- 10/05/2023
|
Best Value Stocks to Buy for October 5th
- EONGY and BWEN made it to the Zacks Rank #1 (Strong Buy) value stocks list on October 5, 2023.
- 10/05/2023
|
New Strong Buy Stocks for October 5th
- EONGY, BWEN, PTEN, AIT and LPSN have been added to the Zacks Rank #1 (Strong Buy) List on October 5, 2023.
- 10/05/2023
|
7 Penny Stocks Set to Explode Higher
- The recovery from the Covid-19 pandemic created a boom for many penny stocks as traders sought to capitalize on huge gains from unexpected disruptions and surge in demand. However, as the economy has stabilized post-pandemic, penny stocks have come back down to earth along with the broader market.
- 09/29/2023
|
Are Industrial Products Stocks Lagging Broadwind Energy (BWEN) This Year?
- Here is how Broadwind Energy, Inc. (BWEN) and Bodycote (BYPLF) have performed compared to their sector so far this year.
- 09/12/2023
|
Despite Fast-paced Momentum, Broadwind Energy, Inc. (BWEN) Is Still a Bargain Stock
- Broadwind Energy, Inc. (BWEN) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
- 09/08/2023
|
7 Up-and-Coming Penny Stocks to Put on Your Must-Buy List
- “Penny stock territory” may be chock full of “fallen angels,” former high-fliers, along with shares in companies with minimal growth prospects, but among the thousands of publicly-traded stocks, there are quite a few up-and-coming penny stocks as well. Although investors in recent years have been burned by low-priced ($5 per share or less) speculative growth plays that failed to live up to expectations, there are names in this category that have reported both revenue and earnings growth in recent years.
- 09/04/2023
|
Is Broadwind Energy (BWEN) Stock Outpacing Its Industrial Products Peers This Year?
- Here is how Broadwind Energy, Inc. (BWEN) and Bodycote (BYPLF) have performed compared to their sector so far this year.
- 08/25/2023
|
Broadwind Energy, Inc. (BWEN) Is Attractively Priced Despite Fast-paced Momentum
- Broadwind Energy, Inc. (BWEN) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
- 08/23/2023
|
If You Buy These 3 Stocks Now, You Could Have $1 Million in 10 Years
- Building a seven-figure portfolio takes time, patience, and requires choosing the right stocks for investment. Identifying companies with massive long-term growth potential can set you on the path to amassing $1 million or more over a decade.
- 08/22/2023
|
Under $10 and Ready to Rise: 3 Buy-Rated Stocks That Have Hit Bottom
- There's no better way of following the “buy low, sell high” mantra than looking for stocks to buy under $10. Traders like these kinds of companies because they offer quick profits.
- 08/18/2023
|
5 Stocks to Buy as Industrial Production Makes Solid Rebound
- Industrial production rebounded in July, which is likely to help stocks like Applied Industrial Technologies, Inc. (AIT), Hubbell Incorporated (HUBB), Broadwind, Inc. (BWEN), Graham Corporation (GHM) and Alamo Group Inc. (ALG).
- 08/18/2023
|
Broadwind, Inc. (BWEN) Q2 2023 Earnings Call Transcript
- Broadwind, Inc. (NASDAQ:BWEN ) Q2 2023 Earnings Conference Call August 14, 2023 11:00 AM ET Company Participants Tom Ciccone - CFO Eric Blashford - President and CEO Conference Call Participants Eric Stine - Craig-Hallum Amit Dayal - H.C. Wainwright Justin Clare - ROTH MKM Operator Greetings, and welcome to Broadwind's Second Quarter 2023 Results Conference Call.
- 08/14/2023
|
Broadwind Announces Second Quarter 2023 Conference Call and Webcast Date
- CICERO, Ill., Aug. 02, 2023 (GLOBE NEWSWIRE) -- Broadwind (Nasdaq: BWEN), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced that it will issue second quarter 2023 results before the market opens on Monday, August 14, 2023. A conference call will be held that same day at 11:00 A.M. ET to review the Company's financial results, discuss recent events and conduct a question-and-answer session.
- 08/02/2023
|
3 Penny Stocks to Buy Before the Breakout
- Investors tend to have a love-hate relationship with penny stocks. On the one hand, they offer the possibility of fascinating returns, due to the underlying stock's volatility, and the ability to purchase large shares with relatively little capital.
- 07/27/2023
|
3 Breakthrough Clean Energy Stocks That Can Make You Rich
- The clean energy stocks listed below offer the opportunity to multiply an investor's capital. They're high-risk investments, but that risk is balanced by significant return potential.
- 05/24/2023
|
Broadwind To Attend The 20th Annual Craig-Hallum Institutional Investor Conference
- CICERO, Ill., May 16, 2023 (GLOBE NEWSWIRE) -- Broadwind (Nasdaq: BWEN, or “Broadwind”), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced that CEO Eric Blashford and CFO Thomas Ciccone will attend the 20th Annual Craig-Hallum Institutional Investor Conference at the Depot Renaissance Hotel in Minneapolis on May 31, 2023.
- 05/16/2023
|
Broadwind, Inc. (BWEN) Q1 2023 Earnings Call Transcript
- Broadwind, Inc. (NASDAQ:BWEN ) Q1 2023 Earnings Conference Call May 11, 2023 11:00 AM ET Company Participants Thomas Ciccone - VP & CFO Eric Blashford - CEO, President & Director Conference Call Participants Eric Stine - Craig-Hallum Justin Clare - ROTH MKM Amit Dayal - H.C. Wainwright & Co. Operator Greetings, and welcome to Broadwind's First Quarter 2023 Results Conference Call.
- 05/11/2023
|
Broadwind Energy, Inc. (BWEN) Q1 Earnings and Revenues Top Estimates
- Broadwind Energy, Inc. (BWEN) came out with quarterly earnings of $0.07 per share, beating the Zacks Consensus Estimate of a loss of $0.04 per share. This compares to loss of $0.12 per share a year ago.
- 05/11/2023
|
Broadwind: A Clean Energy Stock Worth Watching
- Broadwind Inc. experiences a significant ~16% jump in revenues and a swing to profitability in Q1 2023, as per the latest guidance. The company benefits from a massive $175 million order and the Inflation Reduction Act's tax credits on clean energy initiatives.
- 04/29/2023
|
Broadwind, Inc. (BWEN) Q4 2022 Earnings Call Transcript
- Broadwind, Inc. (NASDAQ:BWEN ) Q4 2022 Earnings Conference Call March 9, 2023 11:00 AM ET Company Participants Tom Ciccone - Chief Financial Officer Eric Blashford - Chief Executive Officer Conference Call Participants Eric Stine - Craig-Hallum Justin Clare - ROTH Amit Dayal - H.C. Wainwright Martin Malloy - Johnson Rice Operator Greetings, and welcome to Broadwind's Fourth Quarter and Full Year 2022 Results Conference Call.
- 03/09/2023
|
Broadwind Energy, Inc. (BWEN) Reports Q4 Loss, Lags Revenue Estimates
- Broadwind Energy, Inc. (BWEN) delivered earnings and revenue surprises of 6.67% and 8.52%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
- 03/09/2023
|
Broadwind Reports Fourth Quarter and Full-Year 2022 Conference Call and Webcast Date
- CICERO, Ill., Feb. 23, 2023 (GLOBE NEWSWIRE) -- Broadwind (NASDAQ: BWEN), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced that it will issue fourth quarter and full-year 2022 results before the market opens on Thursday, March 9, 2023. A conference call will be held that same day at 11:00 A.M. ET to review the Company's financial results, discuss recent events and conduct a question-and-answer session.
- 02/23/2023
|
Volume Breakout Report Update: Buy Eton Pharmaceuticals
- A number of VBR "green energy" picks have popped higher in January, pulling investment returns for the group of past picks strongly higher. A performance review of 46 previous selections since late June is discussed.
- 01/16/2023
|
Broadwind Energy, Inc. (BWEN) Stock Jumps 27.0%: Will It Continue to Soar?
- Broadwind Energy, Inc. (BWEN) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
- 01/16/2023
|
Broadwind, Inc. (BWEN) Q3 2022 Earnings Call Transcript
- Broadwind, Inc. (NASDAQ:BWEN ) Q3 2022 Earnings Conference Call November 8, 2022 11:00 AM ET Company Participants Tom Ciccone - Vice President & Principal Accounting Officer Eric Blashford - Chief Executive Officer Conference Call Participants Amit Dayal - H.C. Wainwright Martin Malloy - Johnson Rice Eric Stine - Craig-Hallum Justin Clare - ROTH Capital Partners Operator Greetings and welcome to the Broadwind Third Quarter 2022 Results Conference Call.
- 11/08/2022
|
Broadwind Energy, Inc. (BWEN) Reports Q3 Loss, Lags Revenue Estimates
- Broadwind Energy, Inc. (BWEN) delivered earnings and revenue surprises of -28.57% and 9.60%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
- 11/08/2022
|
7 Best Green Penny Stocks to Buy Now
- The world is transitioning from a carbon-based energy economy to one more reliant upon green sources of energy. The two biggest sources of renewable energy, wind and solar power, currently account for about 5% of the world's energy.
- 10/03/2022
|
Broadwind, Inc. (BWEN) CEO Eric Blashford on Q2 2022 Results - Earnings Call Transcript
- Broadwind, Inc. (NASDAQ:BWEN ) Q2 2022 Earnings Conference Call August 9, 2022 11:00 AM ET Company Participants Tom Ciccone - Vice President & Principal Accounting Officer Eric Blashford - Chief Executive Officer Conference Call Participants Justin Clare - ROTH Capital Sameer Joshi - H.C. Wainwright Eric Stine - Craig-Hallum Capital Group Operator Greetings.
- 08/09/2022
|
7 Clean Energy Stocks Under $5 to Add to Your Buy List
- Source: Shutterstock Clean energy has been growing at a fast pace over the past decade. In particular, investments in the industry have ramped up substantially in recent years due to rising adoption of wind, solar and other renewable energy sources.
- 08/05/2022
|
Broadwind Announces Second Quarter 2022 Results Conference Call Date
- CICERO, Ill., July 26, 2022 (GLOBE NEWSWIRE) -- Broadwind (NASDAQ: BWEN), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced that it will issue second quarter 2022 results before the market opens on August 9, 2022. A conference call will be held that same day at 11:00 A.M. ET to review the Company's financial results, discuss recent events and conduct a question-and-answer session.
- 07/26/2022
|
Broadwind, Inc. (BWEN) CEO Eric Blashford on Q1 2022 Results - Earnings Call Transcript
- Broadwind, Inc. (NASDAQ:BWEN ) Q1 2022 Results Conference Call May 6, 2022 11:00 AM ET Company Participants Tom Ciccone - VP and Principal Accounting Officer Eric Blashford - CEO Conference Call Participants Justin Clare - ROTH Capital Partners Aaron Spychalla - Craig-Hallum Amit Dayal - H.C. Wainwright Martin Malloy - Johnson Rice Operator Greetings, and welcome to the Broadwind First Quarter 2022 Results Conference Call.
- 05/06/2022
|
Broadwind Energy, Inc. (BWEN) Reports Q1 Loss, Tops Revenue Estimates
- Broadwind Energy, Inc. (BWEN) delivered earnings and revenue surprises of 20% and 41.48%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
- 05/06/2022
|
Broadwind Announces First Quarter 2022 Results Conference Call Date
- CICERO, Ill., April 21, 2022 (GLOBE NEWSWIRE) -- Broadwind (NASDAQ: BWEN), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced that it will issue first quarter 2022 results before the market opens on May 6, 2022. A conference call will be held that same day at 11:00 A.M. ET to review the Company's financial results, discuss recent events and conduct a question-and-answer session.
- 04/21/2022
|
Broadwind, Inc. (BWEN) CEO Eric Blashford on Q4 2021 Results - Earnings Call Transcript
- Broadwind, Inc. (BWEN) CEO Eric Blashford on Q4 2021 Results - Earnings Call Transcript
- 03/02/2022
|
Broadwind Energy, Inc. (BWEN) Reports Q4 Loss, Lags Revenue Estimates
- Broadwind Energy, Inc. (BWEN) delivered earnings and revenue surprises of -10.53% and 10.06%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
- 03/02/2022
|
Earnings Preview: Broadwind Energy, Inc. (BWEN) Q4 Earnings Expected to Decline
- Broadwind Energy, Inc. (BWEN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 02/23/2022
|
Broadwind Announces Fourth Quarter and Full-Year 2021 Results Conference Call Date
- CICERO, Ill, Feb. 16, 2022 (GLOBE NEWSWIRE) -- Broadwind (NASDAQ: BWEN), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced that it will issue fourth quarter and full-year 2021 results before the market opens on March 2, 2022. A conference call will be held that same day at 11:00 A.M. ET to review the Company's financial results, discuss recent events and conduct a question-and-answer session.
- 02/16/2022
|
Broadwind Bags $16M In New Tower Orders
- Broadwind Inc (NASDAQ: BWEN) has received $16 million in new tower orders from a global wind turbine manufacturer. The company has sold greater than 40% of its FY22 optimal annual tower production capacity, including these new orders.
- 02/08/2022
|
Broadwind, Inc. (BWEN) CEO Eric Blashford on Q3 2021 Results - Earnings Call Transcript
- Broadwind, Inc. (BWEN) CEO Eric Blashford on Q3 2021 Results - Earnings Call Transcript
- 11/10/2021
|
Broadwind Energy, Inc. (BWEN) Reports Q3 Loss, Tops Revenue Estimates
- Broadwind Energy, Inc. (BWEN) delivered earnings and revenue surprises of -37.50% and 4.45%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
- 11/10/2021
|
Earnings Preview: Broadwind Energy, Inc. (BWEN) Q3 Earnings Expected to Decline
- Broadwind Energy, Inc. (BWEN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 11/03/2021
|
4 Stocks Now Trading Below Book Value
- These four stocks, some NASDAQ-traded, some NYSE-listed, are so out-of-favor with investors that each one now trades at less than its book value. That is, when liabilities are subtracted from assets, the price of the stock is less than what's on the company's books.
- 10/29/2021
|
Broadwind Announces Third Quarter 2021 Results Conference Call Date
- CICERO, Ill., Oct. 20, 2021 (GLOBE NEWSWIRE) -- Broadwind (NASDAQ: BWEN), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced that it will issue third quarter 2021 results before the market opens on November 10, 2021. A conference call will be held that same day at 11:00 A.M. ET to review the Company's financial results, discuss recent events and conduct a question-and-answer session.
- 10/20/2021
|
7 Stocks Set To Skyrocket Thanks to the Huge Infrastructure Bill
- These infrastructure stocks will gain massively from the bipartisan $1 trillion infrastructure bill. The post 7 Stocks Set To Skyrocket Thanks to the Huge Infrastructure Bill appeared first on InvestorPlace.
- 10/13/2021
|
BWEN Stock Price: Why It Increased Over 14%
- The stock price of Broadwind Inc (NASDAQ: BWEN) increased by over 14% in the previous trading session. This is why it happened.
- 10/02/2021
|
Broadwind Announces $12 Million in New Tower Orders and Business Update
- CICERO, Ill., Sept. 29, 2021 (GLOBE NEWSWIRE) -- Broadwind (NASDAQ: BWEN), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced that the Company had received over $12 million in new tower orders from multiple wind turbine customers.
- 09/29/2021
|
7 Renewable Penny Stocks to Buy for a Climate-Focused World
- Penny stocks are for the risk-tolerant, but these cheap plays are for the environmentally conscious investor as well. The post 7 Renewable Penny Stocks to Buy for a Climate-Focused World appeared first on InvestorPlace.
- 09/22/2021
|
Broadwind Announces Chief Financial Officer Succession Plan
- CICERO, Ill., Sept. 08, 2021 (GLOBE NEWSWIRE) -- Broadwind (NASDAQ: BWEN), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced that Jason Bonfigt, Vice President and Chief Financial Officer, informed the Board of Directors of his intent to pursue other opportunities. Mr. Bonfigt's resignation is not related to the Company's operations, policies or practices, including its controls or financial-related matters.
- 09/08/2021
|
Broadwind, Inc. (BWEN) CEO Eric Blashford on Q2 2021 Results - Earnings Call Transcript
- Broadwind, Inc. (BWEN) CEO Eric Blashford on Q2 2021 Results - Earnings Call Transcript
- 08/06/2021
|
Broadwind Reports Mixed Q2 Results, Provides Weak Q3 Outlook
- Broadwind Inc (NASDAQ: BWEN) reported a second-quarter revenue decline of 15.4% year-over-year to $46.49 million, marginally above the consensus of $46.31 million. Sales by segments: Heavy Fabrications $35.86 million (-17.9% Y/Y), Gearing $7.4 million (+7% Y/Y) and Industrial Solutions $3.54 million (-19.5% Y/Y).
- 08/06/2021
|
Broadwind Energy, Inc. (BWEN) Reports Q2 Loss, Tops Revenue Estimates
- Broadwind Energy, Inc. (BWEN) delivered earnings and revenue surprises of -192.31% and 0.15%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
- 08/06/2021
|
Broadwind: Q2 Earnings Insights
- Shares of Broadwind (NASDAQ:BWEN) moved higher by 6.3% in pre-market trading after the company reported Q2 results. Quarterly Results Earnings per share were up 1666.67% over the past year to $0.53, which beat the estimate of $0.12.
- 08/06/2021
|
Broadwind Announces Second Quarter 2021 Results
- CICERO, Ill., Aug. 06, 2021 (GLOBE NEWSWIRE) -- Broadwind (NASDAQ: BWEN), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced results for the second quarter 2021.
- 08/06/2021
|
Earnings Preview: Broadwind Energy
- Broadwind Energy (NASDAQ:BWEN) announces its next round of earnings this Friday, August 06. Here is Benzinga's everything-that-matters guide for this Friday's Q2 earnings announcement.
- 08/05/2021
|
Broadwind Provides Preliminary Second Quarter 2021 Results and Conference Call Date
- CICERO, Ill., July 27, 2021 (GLOBE NEWSWIRE) -- Broadwind (NASDAQ: BWEN), a diversified precision manufacturer of specialized components and solutions serving global markets, today issued preliminary results for the second quarter 2021. For the three months ended June 30, 2021, Broadwind currently anticipates total revenue of approximately $46.5 million and total non-GAAP adjusted EBITDA of $12.7 to $13.0 million, subject to quarter-end closing adjustments.
- 07/27/2021
|
Broadwind to Join Russell Microcap® Index
- CICERO, Ill., June 09, 2021 (GLOBE NEWSWIRE) -- Broadwind (NASDAQ: BWEN), a diversified precision manufacturer of specialized components and solutions serving global markets, with an emphasis on serving clean energy markets, today announced that it is set to join the Russell Microcap Index at the conclusion of the 2021 Russell indexes annual reconstitution, effective after the US market opens on June 28, according to a preliminary list of additions posted June 4.
- 06/09/2021
|
Broadwind, Inc. (BWEN) CEO Eric Blashford on Q1 2021 Results - Earnings Call Transcript
- Broadwind, Inc. (BWEN) CEO Eric Blashford on Q1 2021 Results - Earnings Call Transcript
- 05/07/2021
|
Broadwind Energy, Inc. (BWEN) Reports Q1 Loss, Lags Revenue Estimates
- Broadwind Energy, Inc. (BWEN) delivered earnings and revenue surprises of 63.16% and -12.54%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
- 05/07/2021
|
Broadwind Announces First Quarter 2021 Results
- CICERO, Ill., May 07, 2021 (GLOBE NEWSWIRE) -- Broadwind (NASDAQ: BWEN), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced results for the first quarter 2021.
- 05/07/2021
|
Broadwind Announces Sale of Four Pressure Reducing Systems
- “Virtual Pipeline” solution delivers compressed natural gas through mobile, low emissions solution Bridge technology reflects strategic focus on supporting clean energy transition
- 05/06/2021
|
Analysts Estimate Broadwind Energy, Inc. (BWEN) to Report a Decline in Earnings: What to Look Out for
- Broadwind Energy, Inc. (BWEN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 04/30/2021
|
Broadwind Announces First Quarter 2021 Results Conference Call Date
- CICERO, Ill., April 23, 2021 (GLOBE NEWSWIRE) -- Broadwind (NASDAQ: BWEN), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced that it will issue first quarter 2021 results before the market opens on May 7, 2021. A conference call will be held that same day at 11:00 A.M. ET to review the Company's financial results, discuss recent events and conduct a question-and-answer session.
- 04/23/2021
|
7 Beaten Down Stocks With Insider Buying
- A simple yet effective way to screen stocks for investment ideas is to look at what the insiders are doing, and to keep an eye out for insider buying. The insiders are the people in a company who have access to confidential information that could move the price of their company's stock.
- 03/23/2021
|
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of an Investigation Concerning Possible Breaches of Fiduciary Duty by Certain Officers and Directors of Broadwind, Inc. (BWEN)
- New York, New York--(Newsfile Corp. - March 22, 2021) - Levi & Korsinsky announces it has commenced an investigation of Broadwind, Inc. (NASDAQ: BWEN) concerning possible breaches of fiduciary duty. To obtain additional information, go to:https://www.zlk.com/compensation2/broadwind-inc-information-request-formor contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500. There is no cost or obligation to you.
- 03/22/2021
|
Broadwind, Inc. (BWEN) CEO Eric Blashford on Q4 2020 Results - Earnings Call Transcript
- Broadwind, Inc. (BWEN) CEO Eric Blashford on Q4 2020 Results - Earnings Call Transcript
- 02/28/2021
|
Broadwind Energy, Inc. (BWEN) Reports Q4 Loss, Tops Revenue Estimates
- Broadwind Energy, Inc. (BWEN) delivered earnings and revenue surprises of 0.00% and 0.74%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?
- 02/25/2021
|
Broadwind Announces Fourth Quarter and Full-Year 2020 Results
- CICERO, Ill., Feb. 25, 2021 (GLOBE NEWSWIRE) -- Broadwind (NASDAQ: BWEN), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced results for the fourth quarter and full-year 2020.
- 02/25/2021
|
Broadwind Announces Fourth Quarter and Full-Year 2020 Results Conference Call Date
- CICERO, Ill., Feb. 19, 2021 (GLOBE NEWSWIRE) -- Broadwind (NASDAQ: BWEN), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced that it will issue fourth quarter and full-year 2020 results before the market opens on February 25, 2021. A conference call will be held that same day at 11:00 A.M. ET to review the Company's financial results, discuss recent events and conduct a question-and-answer session.
- 02/19/2021
|
Confused About Wind Energy Stocks? It's Simpler Than You Think
- Investing in renewable energy just got easier. This quick guide can help you understand the wind energy industry and find winning investments.
- 01/25/2021
|
Broadwind Provides Preliminary Fourth Quarter 2020 Results and First Half 2021 Financial Guidance
- CICERO, Ill., Jan. 22, 2021 (GLOBE NEWSWIRE) -- Broadwind (NASDAQ: BWEN), a diversified precision manufacturer of specialized components and solutions serving global markets, today issued preliminary results for the fourth quarter 2020 and introduced financial guidance for the first half of 2021.
- 01/22/2021
|
Broadwind Wind - Their 'Think Big' Slogan Applies To 2021 And Beyond
- 3Q20 results were fine after guidance was previously reduced on a delivery delay. We expect the name to trade with the wind space until more is known about their offshore wind tower plans.
- 12/23/2020
|
Broadwind: Great 2020, But More Capacity Needed
- Broadwind has had a great 2020, but its wind tower production is almost maxed out, this may cap earnings growth in 2021. However, BWEN does trade at a discount to other ESG names, this could offer substantial further upside if it re-rates to potential peers.
- 11/25/2020
|
Broadwind, Inc. (BWEN) CEO Eric Blashford on Q3 2020 Results - Earnings Call Transcript
- Broadwind, Inc. (BWEN) CEO Eric Blashford on Q3 2020 Results - Earnings Call Transcript
- 11/05/2020
|
Broadwind: Q3 Earnings Insights
- Shares of Broadwind (NASDAQ:BWEN) remained unaffected after the company reported Q3 results.
- 11/04/2020
|
Willis Towers Watson Public (WLTW) Scheduled to Post Earnings on Thursday
- Willis Towers Watson Public (NASDAQ:WLTW) is scheduled to be posting its quarterly earnings results before the market opens on Thursday, October 29th. Analysts expect Willis Towers Watson Public to post earnings of $1.31 per share for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link. Willis […]
- 10/22/2020
|
IBM Retirement Fund Grows Stock Position in Willis Towers Watson Public Limited (NASDAQ:WLTW)
- IBM Retirement Fund lifted its stake in Willis Towers Watson Public Limited (NASDAQ:WLTW) by 39.1% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,182 shares of the financial services provider’s stock after buying an additional 1,175 shares during the quarter. IBM Retirement Fund’s holdings […]
- 10/20/2020
|
Short Interest in Willis Towers Watson Public Limited (NASDAQ:WLTW) Declines By 15.7%
- Willis Towers Watson Public Limited (NASDAQ:WLTW) was the recipient of a large decrease in short interest in the month of September. As of September 30th, there was short interest totalling 3,120,000 shares, a decrease of 15.7% from the September 15th total of 3,700,000 shares. Currently, 2.4% of the company’s stock are short sold. Based on […]
- 10/20/2020
|
Broadwind Energy (NASDAQ:BWEN) Shares Up 5.7%
- Broadwind Energy Inc. (NASDAQ:BWEN)’s share price shot up 5.7% during mid-day trading on Tuesday . The stock traded as high as $3.98 and last traded at $3.88. 207,620 shares were traded during mid-day trading, a decline of 15% from the average session volume of 244,980 shares. The stock had previously closed at $3.67. Several research […]
- 10/15/2020
|
Abu Dhabi packs in luxurious surprises for millennials: it’s a bucket-list you cannot miss
- Whether it's simply looking at the sunset from an off-the-grid luxe resort or wanting to experience thrilling adventures that give you that adrenaline rush, we all have a list of experiences that we are itching to enjoy. In these travel-restricted times, when our bucket-lists are becoming far too long, we’ve put together something that will help you plan a trip to one of the world’s most magical and opulent places: Abu Dhabi.
- 10/12/2020
|
Panchshil Realty celebrates strong sales growth at its flagship residential project, Panchshil Towers, Pune
- The sales momentum has, in fact, picked up post the onset of the pandemic as discerning home buyers are now seeking spacious and well planned homes.
- 10/09/2020
|
16 stocks — from Adobe to Home Depot to Zillow — to help you tap into the housing boom
- Fund managers are betting on a range of companies as the U.S. housing market gets even hotter.
- 10/06/2020
|
Through the eyes of Malaysians Celebrating the best of what Malaysia has to offer
- The Covid-19 pandemic has turned the world topsy-turvy, but there is much that Malaysians can still be thankful for. For one, many of us have come to realise the importance of family and friends, as well as of relishing the simple delights we have in Malaysia such as the different cuisines and places to visit. We asked last year’s top 15 property developers (not all were able to participate) as well as property-related associations to give their comments on five simple questions.
- 09/23/2020
|
Aon + WTW to "extend proven model of catastrophe bonds" - CEO's Case & Haley - Artemis.bm
- The impending combination of insurance and reinsurance broking giants Aon and Willis Towers Watson (WTW) will aim to "extend the proven model of
- 09/17/2020
|
'We Still Have To Remember': 9/11 Tributes Go On Despite Virus
- Americans on Friday commemorated the 19th anniversary of the deadliest terror attack on U.S. soil. See photos from the tributes.
- 09/11/2020
|
NYC Remembers 9/11 At Ceremony Shadowed By Coronavirus
- Relatives gathered to remember the dead, 19 years after the attacks.
- 09/11/2020
|
How the pandemic is changing the way Americans commemorate 9/11
- The anniversary of 9/11 is a complicated occasion in a maelstrom of a year
- 09/11/2020
|
UConn dorm quarantined as COVID spreads on campus
- The nearly 300 students living in the Garrigus Suites will be quarantined.
- 08/27/2020
|
Aon and Willis Towers Watson Announce Shareholder Approval of Proposed Combination
- Aon plc (“Aon”) (NYSE: AON) and Willis Towers Watson Public Limited Company (“Willis Towers Watson”) (NASDAQ: WLTW) today announced that their respective
- 08/26/2020
|
Tunnel to Towers Announces ‘Towers of Light' Tribute in Shanksville, PA and Adjacent to the Pentagon
|
Willis Towers Watson PLC (NASDAQ:WLTW) Shares Sold by US Bancorp DE
- US Bancorp DE lowered its position in Willis Towers Watson PLC (NASDAQ:WLTW) by 18.0% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 17,434 shares of the financial services provider’s stock after selling 3,825 shares during the period. US Bancorp DE’s holdings in Willis Towers […]
- 08/23/2020
|
Broadwind, Inc. (NASDAQ:BWEN) On The Verge Of Breaking Even
- We feel now is a pretty good time to analyse Broadwind, Inc.'s (NASDAQ:BWEN) business as it appears the company may be...
- 08/17/2020
|
Recap: Broadwind Q2 Earnings
- Shares of Broadwind (NASDAQ:BWEN) moved higher by 1.5% in pre-market trading after the company reported Q2 results.Quarterly Results Earnings per share were up 150.00% over the past year to $0.03, which beat the estimate of $0.02.Revenue of $54,926,000 rose by 33.42% year over year, which beat the estimate of $48,370,000.Guidance Earnings guidance hasn't been issued by the company for now.Broadwind hasn't issued any revenue guidance for the time being.Details Of The Call Date: Aug 05, 2020View more earnings on BWENTime: 11:00 AMET Webcast URL: http://public.viavid.com/player/index.php?id=140517Recent Stock Performance 52-week high: $5.7852-week low: $1.12Price action over last quarter: Up 182.14%Company Description Broadwind Inc, formerly Broadwind Energy Inc provides technologically value products to energy, mining, and infrastructure sector customers in the United States of America. It operates through three operating segments namely Heavy Fabrications segment manufactures towers for wind turbines, specifically the large and heavier wind towers that are designed for multiple megawatt wind turbines; Gearing segment engineers, builds and remanufactures precision gears and gearing systems for oil and gas, wind energy, mining, steel and other industrial applications; Industrial Solutions segment which provides contract manufacturing services throughout the U.S. and in foreign countries, primarily supporting the natural gas turbine power generation market.See more from Benzinga * Stocks That Hit 52-Week Highs On Monday * Stocks That Hit 52-Week Highs On Thursday * Stocks That Hit 52-Week Highs On Wednesday(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- 08/05/2020
|
Broadwind Announces Second Quarter 2020 Results
- CICERO, Ill., Aug. 05, 2020 (GLOBE NEWSWIRE) -- Broadwind (NASDAQ: BWEN), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced results for the second quarter 2020. 2Q20 HIGHLIGHTS * Total revenue of $54.9 million (+33% y/y) * Total gross margin of 9.9% (+40 bps y/y) * Total net income of $0.5 million, or $0.03 per basic share * Total non-GAAP adjusted EBITDA of $2.9 million (+50% y/y) * Total cash and availability of $21.9 million (+$13.8 million y/y)For the three months ended June 30, 2020, the Company reported total sales of $54.9 million, an increase of 33.4% when compared to the prior-year period. Broadwind reported net income of $0.5 million, or $0.03 per basic share in the second quarter 2020, compared to a net loss of ($1.0) million, or ($0.06) per basic share, in the second quarter 2019. The Company reported adjusted EBITDA of $2.9 million in the second quarter 2020, compared to $1.9 million in the prior-year period. Significant revenue growth in the Heavy Fabrications and Industrial Solutions segments more than offset a decline in Gearing segment revenue during the second quarter 2020. Heavy Fabrications segment revenue increased by more than 50% on a year-over-year basis in the second quarter, driven by customer demand to support the expected increase of wind turbine installations and as a result of diversification traction in mining and other industrial markets. Industrial Solutions segment revenue also increased by 50%, given increased demand for natural gas turbine components, while Gearing segment revenue declined by 25%, as select customers postponed scheduled purchases into future periods given general economic uncertainty resulting from the novel coronavirus (COVID-19). STRATEGY UPDATEDuring the second quarter, Broadwind continued to execute on a multi-year strategy focused on (1) market expansion across key verticals (2) improved operating efficiency and plant utilization; and (3) disciplined capital management. * Diverse market focus. Revenue derived from customers in the wind, industrials, steel and natural gas turbine markets all increased in the second quarter 2020. Total wind-related revenues increased 40% year-over-year in the period. The Company remains a key supplier to the global on-shore wind energy industry and has begun to evaluate new, off-shore wind customer opportunities that leverage its existing expertise. * Increased operating efficiency. As of August 5, 2020, the Company had booked more than 90% of its optimal wind tower production capacity through year-end 2020. Broadwind sold 320 wind tower sections in the second quarter 2020, versus 201 sections in the prior-year period. * Disciplined capital management. Total cash and availability under outstanding credit facilities increased $2.9 million sequentially and $13.8 million compared to the prior year second quarter. As of June 30, 2020, the ratio of net debt to trailing twelve-month adjusted EBITDA was 1.4x, after excluding the $9.1 million in loans received under the Paycheck Protection Program. MANAGEMENT COMMENTARY“Despite continued macro uncertainty related to the COVID-19 pandemic, our business performed well during the second quarter, guided by our long-term focus on end-market diversification, lean manufacturing processes and disciplined capital management,” stated Eric Blashford, CEO of Broadwind. “Total revenue increased by more than 30% when compared to the prior-year period, resulting in our second consecutive quarter of profitability. This strong performance was supported by broad-based revenue growth across our core wind, industrials, steel and natural gas turbine markets during the period.”“To-date, we have booked approximately 90% of our optimal wind tower production capacity for the full-year 2020,” continued Blashford. “We sold 320 wind tower sections during the second quarter, an increase of nearly 60% when compared to the year-ago period. For the full-year 2020, we anticipate Broadwind will generate year-over-year growth in revenue, net income and adjusted EBITDA,” continued Blashford. “We expect our financial performance in the second half of 2020 will be largely comparable to what we achieved during the first half of the year, with our internal forecast calling for strong sequential growth between the second and third quarters of 2020.”“We believe the offshore wind market remains a significant, untapped opportunity for Broadwind,” continued Blashford. “We are currently evaluating strategic alternatives that have the potential to provide an attractive entry point into offshore wind. As an established producer of onshore wind towers, the transition to offshore represents a natural progression for our business, one with the potential to drive sustained demand for our expertise.”“While we are encouraged by the demand drivers for wind energy and our diversification progress, demand within our markets has begun to soften, as customer projects are postponed due to the impact of COVID-19,” continued Blashford. “Looking ahead, we anticipate this uncertainty will impact our fourth quarter results, with expectations for a recovery during the first half of 2021.”“We exited the second quarter with cash and liquidity of nearly $22 million, up from $8 million in the prior-year period,” concluded Blashford. ORDERS AND BACKLOGTotal orders increased 17% to $39.6 million in the second quarter, versus $33.8 million in the first quarter 2020, supported by increased demand for wind towers. Heavy Fabrications segment orders declined compared to the prior year quarter, as wind turbine original equipment manufacturers secured production capacity in advance of historical lead times, given expectations for a surge in new wind tower installations during 2020. Gearing segment orders declined sequentially mainly due to continued softness in domestic oil and gas production, a market that represented less than 15% of segment orders in the second quarter. Other markets within the Gearing segment also realized lower new order demand, primarily due to delayed or reduced capital purchases by customers due to the general economic uncertainty resulting from the COVID-19 pandemic. Industrial Solutions segment orders declined sequentially during the second quarter due to a modest decline in natural gas turbine orders.Total backlog declined 12% sequentially in the second quarter to $112.1 million, as COVID-19 related delays postponed the timing of customer orders. As of June 30, 2020, Heavy Fabrications represented approximately 76% of total Company backlog. SEGMENT RESULTS Heavy Fabrications Segment Broadwind provides large complex and precision fabrications to customers in a broad range of industrial markets. Key products include wind towers and industrial fabrications, including mining and material handling components and other frames/structures. Heavy Fabrications segment sales increased by $14.6 million to $43.6 million in the second quarter, when compared to the prior year period, primarily due to strong demand for wind towers. Total operating income increased $2.9 million to $3.2 million, when compared to the second quarter 2019. Segment non-GAAP adjusted EBITDA increased $2.7 million to $4.2 million, when compared to the second quarter 2019. Second quarter segment performance was primarily driven by growth in customer demand for wind towers.Gearing Segment Broadwind provides custom gearboxes, loose gearing and heat treat services to a broad set of customers in diverse markets, including oil & gas production, surface and underground mining, wind energy, steel, material handling and other infrastructure markets. Gearing segment sales declined by $2.3 million to $6.9 million in the second quarter, when compared to the year-ago period, due primarily to lower order intake from oil and gas customers. The Gearing segment reported an operating loss of ($0.7) million, versus operating income of $0.9 million in the prior-year period. Segment non-GAAP adjusted EBITDA declined $1.6 million to ($0.1) million, when compared to the second quarter 2019. Second quarter segment performance was driven by lower sales across each major end-market. This decline was driven by the continuation of the COVID-19 pandemic and lower oil prices, which led customers to temporarily postpone orders and delay approximately $2.0 million of previously scheduled purchases into future periods. Industrial Solutions Segment Broadwind provides supply chain solutions, inventory management, kitting and assembly services, primarily serving the combined cycle natural gas turbine market. Industrial Solutions segment sales increased by $1.5 million to $4.4 million in the second quarter, when compared to the year-ago period. Total operating income increased by $0.2 million to $0.2 million in the second quarter, when compared to the prior-year period. Segment non-GAAP adjusted EBITDA increased $0.2 million to $0.4 million, when compared to the second quarter 2019. Second quarter segment performance was driven primarily by higher sales associated with new gas turbine content and improved operating efficiencies.BALANCE SHEET As of June 30, 2020, Broadwind had cash and availability under outstanding credit facilities of $2.1 million and $19.8 million, respectively. Total cash and liquidity increased by $13.8 million to $21.9 million at June 30, 2020, when compared to June 30, 2019.Total debt and finance leases were $25.3 million as of June 30, 2020. During the current year quarter, the Company received $9.1M of proceeds from the Paycheck Protection Program (PPP), which was established under the Coronavirus Aid, Relief, and Economic Security Act (CARES Act).
- 08/05/2020
|
Broadwind: Increasing Price Target Range Driven By Multiple Expansion And Continued Strong Industry Fundamentals
- Wind Turbine orders in general remained strong in the second quarter with Covid-19 proving to be less of a headwind than some expected.
- 07/24/2020
|
Broadwind Announces Second Quarter 2020 Results Conference Call Date
- CICERO, Ill., July 23, 2020 (GLOBE NEWSWIRE) -- Broadwind (NASDAQ: BWEN), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced that it will issue second quarter 2020 results before the market opens on August 5, 2020. A conference call will be held that same day at 11:00 A.M. ET to review the Company’s financial results, discuss recent events and conduct a question-and-answer session. A webcast of the conference call and accompanying presentation materials will be available in the Investor Relations section of Broadwind’s website at www.BWEN.com/Investors. To listen to a live broadcast, go to the site at least 15 minutes prior to the scheduled start time in order to register, download, and install any necessary audio software.To participate in the live teleconference: Domestic Live:877-407-9716 International Live:201-493-6779 To listen to a replay of the teleconference, which will be available through August 12, 2020: Domestic Replay: 844-512-2921 International Replay: 412-317-6671 Conference ID: 13706212 FORWARD-LOOKING STATEMENTSThis release contains “forward looking statements”—that is, statements related to future, not past, events—as defined in Section 21E of the Securities Exchange Act of 1934, as amended, that reflect our current expectations regarding our future growth, results of operations, financial condition, cash flows, performance, business prospects and opportunities, as well as assumptions made by, and information currently available to, our management. Forward looking statements include any statement that does not directly relate to a current or historical fact. We have tried to identify forward looking statements by using words such as “anticipate,” “believe,” “expect,” “intend,” “will,” “should,” “may,” “plan” and similar expressions, but these words are not the exclusive means of identifying forward looking statements.Our forward-looking statements may include or relate to our beliefs, expectations, plans and/or assumptions with respect to the following, many of which are, and will be, amplified by the COVID-19 pandemic: (i) the impact of global health concerns, including the impact of the current COVID-19 pandemic on the economies and financial markets and the demand for our products; (ii) state, local and federal regulatory frameworks affecting the industries in which we compete, including the wind energy industry, and the related extension, continuation or renewal of federal tax incentives and grants and state renewable portfolio standards as well as new or continuing tariffs on steel or other products imported into the United States; (iii) our customer relationships and our substantial dependency on a few significant customers and our efforts to diversify our customer base and sector focus and leverage relationships across business units; (iv) the economic and operational stability of our significant customers and suppliers, including their respective supply chains, and the ability to source alternative suppliers as necessary, in light of the COVID-19 pandemic; (v) our ability to continue to grow our business organically and through acquisitions, and the impairment thereto by the impact of the COVID-19 pandemic; (vi) the production, sales, collections, customer deposits and revenues generated by new customer orders and our ability to realize the resulting cash flows; (vii) information technology failures, network disruptions, cybersecurity attacks or breaches in data security, including with respect to any remote work arrangements implemented in response to the COVID-19 pandemic; (viii) the sufficiency of our liquidity and alternate sources of funding, if necessary; (ix) our ability to realize revenue from customer orders and backlog; (x) our ability to operate our business efficiently, comply with our debt obligations, manage capital expenditures and costs effectively, and generate cash flow; (xi) the economy, including its stability in light of the COVID-19 pandemic, and the potential impact it may have on our business, including our customers; (xii) the state of the wind energy market and other energy and industrial markets generally and the impact of competition and economic volatility in those markets; (xiii) the effects of market disruptions and regular market volatility, including fluctuations in the price of oil, gas and other commodities; (xiv) competition from new or existing industry participants including, in particular, increased competition from foreign tower manufacturers; (xv) the effects of the change of administrations in the U.S. federal government; (xvi) our ability to successfully integrate and operate acquired companies and to identify, negotiate and execute future acquisitions; (xvii) the potential loss of tax benefits if we experience an “ownership change” under Section 382 of the Internal Revenue Code of 1986, as amended; (xviii) our ability to utilize various relief options enabled by the Coronavirus Aid, Relief and Economic Security Act; (xix) the limited trading market for our securities and the volatility of market price for our securities; and (xx) the impact of future sales of our common stock or securities convertible into our common stock on our stock price. These statements are based on information currently available to us and are subject to various risks, uncertainties and other factors that could cause our actual growth, results of operations, financial condition, cash flows, performance, business prospects and opportunities to differ materially from those expressed in, or implied by, these statements. We are under no duty to update any of these statements. You should not consider any list of such factors to be an exhaustive statement of all of the risks, uncertainties or other factors that could cause our current beliefs, expectations, plans and/or assumptions to change.ABOUT BROADWINDBroadwind (NASDAQ: BWEN) is a precision manufacturer of structures, equipment and components for clean tech and other specialized applications. With facilities throughout the U.S., our talented team is committed to helping customers maximize performance of their investments—quicker, easier and smarter. Find out more at www.bwen.com CONTACT: CORPORATE CONTACT Jason Bonfigt Investor@BWEN.com
- 07/23/2020
|
Analysts' Top Conglomerates Picks: Broadwind Energy (BWEN), Wacker Chemie AG (WKCMF) - Markets
- There’s a lot to be optimistic about in the Conglomerates sector as 3 analysts just weighed in on Broadwind Energy
- 07/22/2020
|
Broadwind Energy Inc. (NASDAQ:BWEN) Expected to Post Quarterly Sales of $48.60 Million
- Equities analysts forecast that Broadwind Energy Inc. (NASDAQ:BWEN) will post sales of $48.60 million for the current fiscal quarter, according to Zacks Investment Research. Two analysts have issued estimates for Broadwind Energy’s earnings, with the highest sales estimate coming in at $50.70 million and the lowest estimate coming in at $46.50 million. Broadwind Energy reported […]
- 07/19/2020
|
Why Hold Strategy is Apt for Sonoco (SON) Stock Right Now
- Sonoco (SON) is worth retaining in the portfolio with focus on productivity improvement, cost control and solid growth in the consumer packaging business.
- 07/01/2020
|
Ball Corp (BLL) to Launch Aluminum Cups at Retail Stores
- Ball Corp (BLL) inks deal with Blue Ocean to offer Ball Aluminum Cups at Walmart and Sam's Club retail stores across the United States.
- 06/30/2020
|
Apogee Gains From Favorable Markets Amid Coronavirus Woes
- Apogee (APOG) likely to benefit from increasing market share, solid order backlog and cost-reduction activities.
- 06/30/2020
|
Apogee's (APOG) Earnings Miss Estimates in Q1, Down Y/Y
- Apogee's (APOG) Q1 top line declines on lower volumes across its business segments on account of the coronavirus pandemic.
- 06/29/2020
|
Berry Global Supports Medicom in Producing Face Masks in UK
- Berry Global (BERY) invests in a new meltblown nonwoven asset at one of its UK manufacturing facilities to support Medicom in producing a large number of face masks.
- 06/26/2020
|
Here's Why You Should Buy Applied Industrial (AIT) Stock
- Applied Industrial (AIT) is likely to gain from cost-reduction measures, a diversified business structure and focus on driving operational excellence. Also, synergistic gains from buyouts and shareholders-friendly policies are other tailwinds.
- 06/26/2020
|
Beverage Can Demand Buoys Crown Holdings Amid Coronavirus Woes
- Crown Holdings (CCK) will benefit from the rising global beverage-can demand as consumers are favoring cans over other packaging options.
- 06/26/2020
|
Insights & Forecast with Potential Impact of COVID-19- Wind Tower Market 2020-2024 | Increasing Demand For Heightened Wind Towers to Boost Growth | Technavio
|
GEMS is a new asset manager for renewable energy generation plants
- GEMS is set to become an independent asset manager of renewable energy plants and to develop, build and manage portfolios of renewable energy assets.
- 06/24/2020
|
Indian Oil : CBG plant and CBG stations inaugurated in Tamil Nadu jointly by Chief Minister and Union Petroleum Minister | MarketScreener
|
Terex to Gain From Growth Initiatives Amid Bleak Demand
- Despite weak demand and the coronavirus crisis, Terex (TEX) will gain on its initiatives and focus on innovative products, strengthening the company's global footprint.
- 06/24/2020
|
Xylem (XYL) Displays Bright Prospects Despite Headwinds
- Xylem (XYL) is likely to benefit from new products, innovation and focus on operational execution in the quarters ahead. However, soft end markets amid the coronavirus pandemic are concerning.
- 06/24/2020
|
Insights & Forecast with Potential Impact of COVID-19- Wind Tower Market 2020-2024 | Increasing Demand For Heightened Wind Towers to Boost Growth | Technavio
- The Global Wind Tower Market will grow by $ 6.75 bn during 2020-2024
- 06/24/2020
|
Grainger (GWW) to Divest Distribution Business in China
- The divestment allows Grainger (GWW) to focus on key business areas and continue to maintain its Global Sourcing operations in China.
- 06/23/2020
|
Barnes Group (B) Suffers From Weak End Markets Amid Pandemic
- Weakness in end markets, owing to the coronavirus outbreak-led issues, escalating operating costs and other issues, is concerning for Barnes Group (B).
- 06/23/2020
|
TriMas Banks on Demand in Packaging Segment Amid Coronavirus
- TriMas (TRS) benefiting from cost control efforts, gains from its TriMas Business Model and strong demand witnessed by the packaging segment despite weakness in few markets.
- 06/22/2020
|
Rockwell Automation Shares Up 29% YTD: What's Driving it?
- Cost-reduction initiatives, acquisitions and expansion of product portfolio are contributing to the rally in Rockwell Automation's (ROK) shares.
- 06/19/2020
|
Broadwind's Results Are Set To Tower Ahead Supporting Significant Upside
- This is our first public view on Broadwind's 2020 and 2021 potential and we include some of our assumptions incorporated in the model. With this view we advance
- 06/19/2020
|
Here's Why You Should Hold On to Dover (DOV) Stock for Now
- Dover (DOV) is worth retaining in the portfolio at the moment, backed by robust backlog and cost-reduction initiatives.
- 06/18/2020
|
Bengal Energy Ltd. : annual earnings release | MarketScreener
|
Bengal Energy Ltd. : publication des résultats annuels | Zone bourse
|
iRobot (IRBT) Hikes Q2 Sales and Operating View, Stock Rises
- iRobot (IRBT) hikes sales projections for Q2, primarily driven by healthy orders for Roomba and Braava products. Also, it reiterates that the second half of 2020 will be better than the first half.
- 06/16/2020
|
Analyst Provides Guidance for This Canadian Energy Company - Markets
- In a report released today, Amit Dayal from H.C. Wainwright initiated coverage with a Buy rating on Broadwind Energy (BWEN
- 06/16/2020
|
Top Rutgers sports booster lands powerful role at the university
- Her appointment was opposed by some faculty.
- 06/15/2020
|
Here's Why You Should Add Astec (ASTE) to Your Portfolio Now
- Astec's (ASTE) expected savings from restructuring activities, focus on innovation and a strong balance sheet make it a compelling investment option.
- 06/12/2020
|
Here's Why You Should Hold On to Timken (TKR) Stock for Now
- Timken (TKR) is worth retaining in the portfolio at the moment on its efforts to reduce costs, acquisitions and strengthen product offerings.
- 06/10/2020
|
O-I Glass' April, May Shipment Down 18% on Coronavirus Crisis
- O-I Glass' (OI) quarter-to-date global shipment volumes decline on the coronavirus crisis, while sales volume revives on gradual market reopening.
- 06/10/2020
|
Edited Transcript of BWEN earnings conference call or presentation 8-May-20 3:00pm GMT
- Q1 2020 Broadwind Inc Earnings Call
- 06/09/2020
|
Here's Why You Should Avoid Betting on Fortune Brands (FBHS)
- Fortune Brands (FBHS) has been suffering from a soft-demand environment amid the coronavirus outbreak, rising operating costs and several other issues.
- 06/08/2020
|
Ball Corp (BLL) Shares Up 15% YTD: What's Driving the Rally?
- Ball Corp's (BLL) growth likely to be aided by increasing beverage-can demand through investments in capacity and products.
- 06/04/2020
|
Stanley Black (SWK) Hikes Q2 Organic Sales View, Stock Rises
- Stanley Black (SWK) hikes organic sales projections for the second quarter of 2020, driven by strengthening of retail channels in the United States. Cost-reduction actions are expected to be beneficial.
- 06/04/2020
|
Stocks That Hit 52-Week Highs On Wednesday
|
Grainger (GWW) to Divest European MRO Product Supplier Fabory
- Grainger (GWW) continues to offer broad-line MRO products to Western Europe customers through Cromwell and Zoro.
- 06/03/2020
|
Silgan Buys Albea's Dispensing Unit, Expands Closures Business
- Silgan's (SLGN) recent buyout is a strategic fit for the closures business and is likely to strengthen its position in the dispensing markets.
- 06/03/2020
|
$2+ Billion Worldwide Core Materials Industry to 2025 - Featuring 3A Composites, Diab Group & Gurit Holdings Among Others - ResearchAndMarkets.com
|
Stocks That Hit 52-Week Highs On Tuesday
|
Here's Why You Should Hold Grainger Stock in Your Portfolio Now
- Grainger (GWW) is worth retaining in the portfolio at the moment on its efforts to fortify the customer base, turnaround in the Canadian business and growth in e-commerce sales.
- 06/02/2020
|
AGCO Corp Rides on Investments & Farm Income Amid Weak Demand
- Rising U.S farm income will drive demand for AGCO Corp's (AGCO) agricultural equipment, while a bleak market outlook and weak demand are deterrents.
- 06/01/2020
|
Stocks That Hit 52-Week Highs On Monday
|
Timken (TKR) Banks on Cost Saving Amid End-Market Weakness
- Timken (TKR) likely to benefit from cost-reduction initiatives despite the impact of the coronavirus pandemic on its operations and end markets.
- 05/29/2020
|
Rockwell Automation (ROK) Hits 52-Week High: What's Driving It?
- Cost-reduction initiatives, acquisitions and expansion of product portfolio are contributing to the rally in Rockwell Automation's (ROK) shares.
- 05/29/2020
|
GE Completes Gas Turbine Project, Provides Cash Flow View
- General Electric's (GE) gas turbine upgrade project will likely minimize the unplanned downtime risk at the Torrevaldaliga Sud power plant. It anticipates generating negative free cash flow in 2020.
- 05/29/2020
|
Flowserve (FLS) Declines 46.1% YTD: What's Affecting It?
- Flowserve (FLS) suffers from a soft demand environment, rising expenses and several other issues.
- 05/29/2020
|
Nordex : around the World – USA | MarketScreener
|
Timken (TKR) Banks on Cost Saving Amid End-Market Weakness
|
How Hedge Funds Traded Broadwind Energy Inc. (BWEN) During The Crash
- In this article we will check out the progression of hedge fund sentiment towards Broadwind Energy Inc. (NASDAQ:BWEN) and determine whether it is a good investment right now. We at Insider Monkey like to examine what billionaires and hedge funds think of a company before spending days of research on it. Given their 2 and […]
- 05/28/2020
|
Deere Hurt by Weak Agricultural, Construction Equipment Demand
- Deere (DE) likely to be hurt by weak construction and agriculture equipment sales amid unfavorable impact of coronavirus.
- 05/28/2020
|
Here's Why You Should Avoid Betting on Tetra Tech (TTEK)
- Tetra Tech (TTEK) has been suffering from a soft demand environment, rising operating costs and several other issues.
- 05/28/2020
|
Barnes Group Declines 32.8% YTD: What's Hurting the Stock?
- Barnes Group (B) has been suffering from weak end markets on account of the coronavirus outbreak-led issues, rising operating costs and other issues.
- 05/28/2020
|
Sealed Air (SEE) Stock Down 18% YTD: Will it Bounce Back?
- Sealed Air's (SEE) end markets are bearing the brunt of coronavirus pandemic. However, the company's restructuring actions will help negate the impact.
- 05/28/2020
|
Deere Hurt by Weak Agricultural, Construction Equipment Demand
|
Broadwind Has Towering Potential And A Not So Towering Valuation (NASDAQ:BWEN)
- Broadwind's 1Q20 report was stronger than expected. In the wake of the quarterly call we spoke with the company to address a few additional questions we had. We
- 05/27/2020
|
Manitowoc Rides on Cost Control Efforts Amid Weak Demand
- Manitowoc (MTW) banks on cost controls, productivity initiatives, and innovation amid the coronavirus induced crisis.
- 05/27/2020
|
11 Industrials Stocks Moving In Wednesday's Pre-Market Session
|
Altra Industrial (AIMC) Down 21.5% YTD: What's Hurting It?
- Altra Industrial (AIMC) is experiencing difficult end-market conditions on account of the coronavirus outbreak-led market downturn. Also, its high debt level is concerning.
- 05/26/2020
|
Crown Holdings Sees Solid Beverage Can Demand Amid Coronavirus
- Going forward, Crown Holdings (CCK) will benefit from rising global beverage can demand as consumers are favoring cans over other formats. Impact of coronavirus pandemic will affect near-term results.
- 05/26/2020
|
RBC Bearings Gains From Defense Business Amid Pandemic Woes
- RBC Bearings (ROLL) gains from the healthy defense business in Q4 and expects it to aid fiscal 2021 results. However, the pandemic might continue hurting industrial and commercial aerospace end markets.
- 05/26/2020
|
RBC Bearings (ROLL) Q4 Earnings Meet Estimates, View Bleak
- RBC Bearings' (ROLL) fourth-quarter fiscal 2020 results reflect gains from revenue growth and margin improvement, offset by pandemic woes. It issues weak sales view for the first quarter.
- 05/21/2020
|
Carbon Fiber Industry Outlook Report, 2020-2028 - Implications of COVID-19, Trends, Applications, Companies - ResearchAndMarkets.com
|
Global Carbon Fiber Prepreg Market: COVID-19, Trends, Analysis and Outlook (2020-2028) - ResearchAndMarkets.com
|
Broadwind Energy, Inc. (BWEN) CEO Eric Blashford on Q1 2020 Results - Earnings Call Transcript
- Broadwind Energy, Inc. (NASDAQ:BWEN) Q1 2020 Earnings Conference Call May 08, 2020, 11:00 AM ET Company Participants Jason Bonfigt - CFO Eric Blashford - CEO Co
- 05/08/2020
|
Broadwind shares are trading higher after the company better-than-expected EPS results.
|
Recap: Broadwind Q1 Earnings
|
Broadwind Energy Q1 EPS $0.060 Beats $0.020 Estimate, Sales $48.600M Miss $49.600M Estimate
|
The global composites market size is projected to decline from USD 90.6 billion in 2019 to USD 82.9 billion by 2021, at a negative CAGR of 4.4%
- New York, May 03, May 03, 2020 (GLOBE NEWSWIRE via COMTEX) --
New York, May 03, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report...
- 05/04/2020
|
35 Stocks Moving in Thursday's Pre-Market Session
- Gainers
QEP Resources, Inc. (NYSE: QEP) shares rose 68.5% to $1.21 in pre-market trading after the company reported strong Q1 earnings.
AgEagle Aerial Systems, Inc. (NYSE: UAVS)...
- 04/30/2020
|
Mortenson begins tower and turbine work at Engie's King Plains wind farm in OK | Power Engineering
- Engineering, procurement and construction firm Mortenson has started erecting towers for a 248-MW wind power project in Oklahoma. Minneapolis-based Mortenson announced the wind turbine work for the King Plains project in Garber, owned by ENGIE North America. King Plains will be comprised of 88 2.82-MW GE turbines and will span about 60 square miles. ENGIE...
- 04/29/2020
|
Crane (CR) Q1 Earnings and Revenues Miss Estimates, Down Y/Y
- Crane's (CR) first-quarter 2020 revenues decline 4.1% year over year on lackluster performance across its segments.
- 04/28/2020
|
Crane (CR) Q1 Earnings and Revenues Miss Estimates, Down Y/Y
- Crane's (CR) first-quarter 2020 revenues decline 4.1% year over year on lackluster performance across its segments.
- 04/28/2020
|
Roper (ROP) Earnings Surpass Estimates in Q1, Decline Y/Y
- Roper's (ROP) first-quarter 2020 revenues improve 5% year over year on impressive performance across its Application Software, and Network Software & Systems segments.
- 04/28/2020
|
Roper (ROP) Earnings Surpass Estimates in Q1, Decline Y/Y
- Roper's (ROP) first-quarter 2020 revenues improve 5% year over year on impressive performance across its Application Software, and Network Software & Systems segments.
- 04/28/2020
|
BBBY, DVAX among premarket gainers
- Broadwind Energy (NASDAQ:BWEN) +60%. on $19M order.TrovaGene (NASDAQ:TROV) +44% on new positive results from its ongoing Phase 1b/2 clinical trial of onvansertib in combination with FOLFIRI and Avasti
- 04/28/2020
|
Colfax (CFX) Surges: Stock Moves 6.1% Higher
- Colfax (CFX) saw a big move last session, as its shares jumped more than 6% on the day, amid huge volumes.
- 04/28/2020
|
Colfax (CFX) Surges: Stock Moves 6.1% Higher
- Colfax (CFX) saw a big move last session, as its shares jumped more than 6% on the day, amid huge volumes.
- 04/28/2020
|
Broadwind Wins $19M Wind Tower Order
|
Colfax (CFX) Surges: Stock Moves 6.1% Higher
|
Barnes (B) Earnings and Revenues Surpass Estimates in Q1
- Barnes' (B) first-quarter 2020 revenues decline 12.2% year over year on lackluster performance across its segments.
- 04/27/2020
|
Barnes (B) Earnings and Revenues Surpass Estimates in Q1
- Barnes' (B) first-quarter 2020 revenues decline 12.2% year over year on lackluster performance across its segments.
- 04/27/2020
|
IDEX (IEX) Q1 Earnings & Revenues Beat Estimates, Decline Y/Y
- IDEX's (IEX) first-quarter 2020 revenues decline 4.5% year over year on account of lackluster performance across all of its segments.
- 04/24/2020
|
IDEX (IEX) Q1 Earnings & Revenues Beat Estimates, Decline Y/Y
- IDEX's (IEX) first-quarter 2020 revenues decline 4.5% year over year on account of lackluster performance across all of its segments.
- 04/24/2020
|
Broadwind Announces First Quarter —…—… Results Conference Call Date
|
Graco (GGG) Lags Q1 Earnings Estimates, Withdraws Sales View
- Graco's (GGG) first-quarter earnings suffer from weak revenue generation and a decline in margins. It suspends revenue projections for the year due to economic uncertainties.
- 04/23/2020
|
Graco (GGG) Lags Q1 Earnings Estimates, Withdraws Sales View
- Graco's (GGG) first-quarter earnings suffer from weak revenue generation and a decline in margins. It suspends revenue projections for the year due to economic uncertainties.
- 04/23/2020
|
Restaurant Chains Received Many of the Biggest PPP Loans
- Of the public companies that disclosed receiving the loans, 48 manufacturing businesses, secured $162.5 million in loans, according to Morgan Stanley. Accommodation and food services ranked a distant second.
- 04/22/2020
|
Carlisle (CSL) Q1 Earnings Beat Estimates, Revenues Miss
- Carlisle's (CSL) first-quarter 2020 revenues decline 3.9% year over year on account of lackluster performance across its CIT, CFT and CBF segments, owing to the coronavirus outbreak.
- 04/22/2020
|
Carlisle (CSL) Q1 Earnings Beat Estimates, Revenues Miss
- Carlisle's (CSL) first-quarter 2020 revenues decline 3.9% year over year on account of lackluster performance across its CIT, CFT and CBF segments, owing to the coronavirus outbreak.
- 04/22/2020
|
Dover (DOV) Beats on Q1 Earnings, Suspends 2020 Guidance
- Dover's (DOV) bottom line improves year over year in Q1, as productivity initiatives and cost-control measures help mitigate the impact of the coronavirus pandemic on its top line.
- 04/21/2020
|
Dover (DOV) Beats on Q1 Earnings, Suspends 2020 Guidance
- Dover's (DOV) bottom line improves year over year in Q1, as productivity initiatives and cost-control measures help mitigate the impact of the coronavirus pandemic on its top line.
- 04/21/2020
|
Emerson (EMR) Q2 Earnings Beat Estimates, Revenues Miss
- Emerson's (EMR) second-quarter fiscal 2020 revenues decline 9% year over year on decreased demand, particularly in March, owing to the coronavirus outbreak.
- 04/21/2020
|
Emerson (EMR) Q2 Earnings Beat Estimates, Revenues Miss
- Emerson's (EMR) second-quarter fiscal 2020 revenues decline 9% year over year on decreased demand, particularly in March, owing to the coronavirus outbreak.
- 04/21/2020
|
Publicly Traded Companies Got $300 Million In Small Business Loans: AP Investigation
- Neither the Trump administration nor the lending industry has disclosed a list of Paycheck Protection Program beneficiaries.
- 04/21/2020
|
AP: Publicly traded firms get $300M in small-business loans
- The Paycheck Protection Program was supposed to infuse small businesses with $349 billion in emergency loans that could help keep workers on the job and bills paid on time. But at least 75 companies that received the aid were publicly traded.
- 04/21/2020
|
Wave Life Sciences among public companies given small-business loan, AP reports WVE;LIND;QMCO;BWEN;MBII;HSDT;ENSV
- Wave Life Sciences among public companies given small-business loan, AP reports WVE LIND QMCO BWEN MBII HSDT ENSV
- 04/21/2020
|
AP: Publicly traded firms get $300M in small-business loans
- Companies with thousands of employees, past penalties from government investigations and risks of financial failure even before the coronavirus walloped the economy were among those receiving millions of dollars from a relief fund that Congress created to help small businesses through the crisis, an Associated Press investigation found. The Paycheck Protection Program was supposed to infuse small businesses, which typically have less access to quick cash and credit, with $349 billion in emergency loans that could help keep workers on the job and bills paid on time. But at least 75 companies that received the aid were publicly traded, the AP found, and some had market values well over $100 million. And 25% of the companies had warned investors months ago — while the economy was humming along — that their ability to remain viable was in question. By combing through thousands of regulatory filings, the AP identified the 75 companies as recipients of a combined $300 million in low-interest, taxpayer-backed loans. Eight companies, or their subsidiaries, received the maximum $10 million possible, including a California software company that settled a Securities and Exchange Commission investigation late last year into accounting errors that overstated its revenue. The eight firms getting maximum loans are likely just a tip of the iceberg: Statistics released last week by the U.S. Small Business Administration showed that 4,400 of the approved loans exceeded $5 million. Overall, the size of the typical loan nationally was $206,000, according to the statistics. SBA will forgive the loans if companies meet certain benchmarks, such as keeping employees on payroll for eight weeks. The list of recipients identified by the AP is a fraction of the 1.6 million loans that lenders approved before the program was depleted last...
- 04/21/2020
|
AP: Publicly traded firms get $300M in small-business loans
- Companies with thousands of employees, past penalties from government investigations and risks of financial failure even before the coronavirus walloped the economy were among those receiving millions of dollars from a relief fund that Congress created to help small businesses...
- 04/21/2020
|
AP: Publicly traded firms get $300M in small-business loans
- Companies with thousands of employees, past penalties from government investigations and risks of financial failure even before the coronavirus walloped the economy were among those receiving millions of dollars from a relief fund that Congress created to help small businesses through the crisis, an
- 04/21/2020
|
Roper (ROP) to Benefit From Acquisitions Despite Headwinds
- Roper (ROP) is likely to benefit from strength across its network software and medical products businesses, and acquired assets. However, high debt and operating expenses are concerning.
- 04/20/2020
|
Roper (ROP) to Benefit From Acquisitions Despite Headwinds
- Roper (ROP) is likely to benefit from strength across its network software and medical products businesses, and acquired assets. However, high debt and operating expenses are concerning.
- 04/20/2020
|
Shake Shack, Ruth's Chris and other chain restaurants got big PPP loans when small businesses couldn't
- For local D.C. bakery DC Sweet Potato Cake, $23,000 would have gone a long way.
- 04/19/2020
|
Parker-Hannifin Benefits From Acquisitions Despite Cost Woes
- Parker-Hannifin (PH) to gain from its acquisitive nature, shareholder-friendly policies, unique Win Strategy and growth investments. Realignment expenses and high debts might impact near-term results.
- 04/17/2020
|
Parker-Hannifin Benefits From Acquisitions Despite Cost Woes
- Parker-Hannifin (PH) to gain from its acquisitive nature, shareholder-friendly policies, unique Win Strategy and growth investments. Realignment expenses and high debts might impact near-term results.
- 04/17/2020
|
Berry Global Highlights Measures to Fight Coronavirus Outbreak
- Berry Global (BERY) highlights some of its initiatives for expanding the production of material required for face masks.
- 04/17/2020
|
Berry Global Highlights Measures to Fight Coronavirus Outbreak
- Berry Global (BERY) highlights some of its initiatives for expanding the production of material required for face masks.
- 04/17/2020
|
Parker-Hannifin Benefits From Acquisitions Despite Cost Woes
|
Here's Why You Should Avoid Betting on RBC Bearings (ROLL)
- RBC Bearings (ROLL) has been suffering from difficult end-market conditions, rising cost of sales and several other issues.
- 04/16/2020
|
Here's Why You Should Avoid Betting on RBC Bearings (ROLL)
- RBC Bearings (ROLL) has been suffering from difficult end-market conditions, rising cost of sales and several other issues.
- 04/16/2020
|
Here's Why You Should Avoid Betting on RBC Bearings (ROLL)
|
General Electric Take Multiple Debt Restructuring Actions
- General Electric (GE) commences multiple actions to strengthen its financial positions. Proceeds from the BioPharma divestment and new debt offerings have been used for reducing leverage.
- 04/14/2020
|
General Electric Take Multiple Debt Restructuring Actions
- General Electric (GE) commences multiple actions to strengthen its financial positions. Proceeds from the BioPharma divestment and new debt offerings have been used for reducing leverage.
- 04/14/2020
|
Allegion (ALLE) Withdraws Annual View on Coronavirus Concerns
- Allegion (ALLE) withdraws guidance for 2020, owing to uncertainties in the end-markets on the impacts of the coronavirus outbreak.
- 04/13/2020
|
Allegion (ALLE) Withdraws Annual View on Coronavirus Concerns
- Allegion (ALLE) withdraws guidance for 2020, owing to uncertainties in the end-markets on the impacts of the coronavirus outbreak.
- 04/13/2020
|
Enerpac Highlights Business Actions Amid Coronavirus Concern
- Enerpac (EPAC) highlights several actions to maintain a healthy capital structure amid the coronavirus outbreak.
- 04/09/2020
|
Enerpac Highlights Business Actions Amid Coronavirus Concern
- Enerpac (EPAC) highlights several actions to maintain a healthy capital structure amid the coronavirus outbreak.
- 04/09/2020
|
Rexnord (RXN) Provides Preliminary Results for Q4 & FY20
- Rexnord's (RXN) preliminary fourth-quarter fiscal 2020 results point toward year-over-year growth in core sales. In the near term, the demand for products will likely be hurt due to the coronavirus outbreak.
- 04/09/2020
|
Roper (ROP) Unit's Pilot Program Joined by MegaCorp Logistics
- Roper's (ROP) business unit DAT's pilot program enables its participants to evaluate and trial its advanced rate-prediction dataset and tools.
- 04/08/2020
|
Roper (ROP) Unit's Pilot Program Joined by MegaCorp Logistics
- Roper's (ROP) business unit DAT's pilot program enables its participants to evaluate and trial its advanced rate-prediction dataset and tools.
- 04/08/2020
|
Roper (ROP) Unit's Pilot Program Joined by MegaCorp Logistics
|
Roper's (ROP) Rate Prediction Tools Selected by Schneider
- Roper's (ROP) business unit, DAT Solutions' forecasting tools allow users to generate rate predictions based on price momentum, prevailing market conditions and historic data.
- 04/07/2020
|
Roper's (ROP) Rate Prediction Tools Selected by Schneider
- Roper's (ROP) business unit, DAT Solutions' forecasting tools allow users to generate rate predictions based on price momentum, prevailing market conditions and historic data.
- 04/07/2020
|
Roper's (ROP) Rate Prediction Tools Selected by Schneider
|
Macquarie (MIC) Withdraws Guidance on Coronavirus Concerns
- Macquarie (MIC) withdraws guidance for 2020 and suspends the quarterly cash dividend on the impacts of the coronavirus outbreak.
- 04/06/2020
|
Macquarie (MIC) Withdraws Guidance on Coronavirus Concerns
- Macquarie (MIC) withdraws guidance for 2020 and suspends the quarterly cash dividend on the impacts of the coronavirus outbreak.
- 04/06/2020
|
Barnes Group (B) Withdraws Guidance on Coronavirus Concerns
- Barnes Group (B) withdraws guidance for 2020, owing to uncertainties in the end-markets on the impacts of the coronavirus outbreak.
- 04/06/2020
|
Barnes Group (B) Withdraws Guidance on Coronavirus Concerns
- Barnes Group (B) withdraws guidance for 2020, owing to uncertainties in the end-markets on the impacts of the coronavirus outbreak.
- 04/06/2020
|
Stanley Black Withdraws Annual View on Coronavirus Concerns
- Stanley Black (SWK) withdraws projections for 2020, expecting demand disruptions caused by the coronavirus outbreak. It also expects lowering costs and capital expenditure for the time being.
- 04/06/2020
|
Stanley Black Withdraws Annual View on Coronavirus Concerns
- Stanley Black (SWK) withdraws projections for 2020, expecting demand disruptions caused by the coronavirus outbreak. It also expects lowering costs and capital expenditure for the time being.
- 04/06/2020
|
Macquarie (MIC) Withdraws Guidance on Coronavirus Concerns
|
Here's Why You Should Avoid Betting on IDEX (IEX) Stock Now
- IDEX (IEX) has been suffering from difficult end-market conditions and several other issues.
- 04/02/2020
|
Here's Why You Should Avoid Betting on IDEX (IEX) Stock Now
- IDEX (IEX) has been suffering from difficult end-market conditions and several other issues.
- 04/02/2020
|
Here's Why Investors Should Ignore Applied Industrial (AIT)
- Applied Industrial (AIT) is exposed to weakness in industrial demand, which might hurt its performance in fiscal 2020. Also, high debts and forex woes might be concerning.
- 04/02/2020
|
Here's Why Investors Should Ignore Applied Industrial (AIT)
- Applied Industrial (AIT) is exposed to weakness in industrial demand, which might hurt its performance in fiscal 2020. Also, high debts and forex woes might be concerning.
- 04/02/2020
|
Here's Why You Should Avoid Betting on IDEX (IEX) Stock Now
|
Xylem (XYL) Withdraws Guidance Based on Coronavirus Concerns
- Xylem (XYL) withdraws guidance for the first quarter and 2020, owing to the coronavirus outbreak.
- 04/01/2020
|
Xylem (XYL) Withdraws Guidance Based on Coronavirus Concerns
- Xylem (XYL) withdraws guidance for the first quarter and 2020, owing to the coronavirus outbreak.
- 04/01/2020
|
Berry Global (BERY) Invests in Specialty Meltblown Asset
- Berry Global (BERY) increases its investment in an additional specialty meltblown asset for the production of high-efficiency filtration media for the EMEIA markets.
- 04/01/2020
|
Berry Global (BERY) Invests in Specialty Meltblown Asset
- Berry Global (BERY) increases its investment in an additional specialty meltblown asset for the production of high-efficiency filtration media for the EMEIA markets.
- 04/01/2020
|
Xylem (XYL) Withdraws Guidance Based on Coronavirus Concerns
|
Honeywell Increases N95 Face Mask Production at Phoenix Site
- Honeywell (HON) increases N95 face mask production at its Phoenix site to help contain the coronavirus pandemic.
- 03/31/2020
|
Honeywell Increases N95 Face Mask Production at Phoenix Site
- Honeywell (HON) increases N95 face mask production at its Phoenix site to help contain the coronavirus pandemic.
- 03/31/2020
|
Nordson (NDSN) Announces Plan to Reorganize into 2 Businesses
- Nordson's (NDSN) business realignment will likely help it achieve its long-term priorities. It also intends on bringing its financial reporting on par with the new business structure.
- 03/31/2020
|
Nordson (NDSN) Announces Plan to Reorganize into 2 Businesses
- Nordson's (NDSN) business realignment will likely help it achieve its long-term priorities. It also intends on bringing its financial reporting on par with the new business structure.
- 03/31/2020
|
Honeywell Increases N95 Face Mask Production at Phoenix Site
|
Nordson (NDSN) Gains From Buyouts Despite Segmental Woes
- Nordson (NDSN) is likely to benefit from strength in its medical product end markets, growth initiatives and buyouts. Weak Advanced Technology Systems segment and high cost of sales remain concerning.
- 03/30/2020
|
Nordson (NDSN) Gains From Buyouts Despite Segmental Woes
- Nordson (NDSN) is likely to benefit from strength in its medical product end markets, growth initiatives and buyouts. Weak Advanced Technology Systems segment and high cost of sales remain concerning.
- 03/30/2020
|
Nordson (NDSN) Gains From Buyouts Despite Segmental Woes
|
Applied Industrial Gains From Buyouts Despite Market Woes
- Applied Industrial (AIT) to gain from cost-saving measures, acquisitions and shareholder-friendly policies. Softness in industrial demand might impact near-term results.
- 03/27/2020
|
Applied Industrial Gains From Buyouts Despite Market Woes
- Applied Industrial (AIT) to gain from cost-saving measures, acquisitions and shareholder-friendly policies. Softness in industrial demand might impact near-term results.
- 03/27/2020
|
Colfax (CFX) Displays Bright Prospects, Headwinds Remain
- Colfax (CFX) is likely to benefit from its focus on strengthening segmental businesses, productivity actions and acquisitions. However, rising cost of sales and high debt remain concerns.
- 03/27/2020
|
Colfax (CFX) Displays Bright Prospects, Headwinds Remain
- Colfax (CFX) is likely to benefit from its focus on strengthening segmental businesses, productivity actions and acquisitions. However, rising cost of sales and high debt remain concerns.
- 03/27/2020
|
Colfax (CFX) Displays Bright Prospects, Headwinds Remain
|
3M (MMM) Collaborates With Ford to Combat Coronavirus Crisis
- 3M (MMM) partners with Ford to increase the production of powered air purifying respirators in its bid to contribute toward the fight against the coronavirus pandemic.
- 03/25/2020
|
3M (MMM) Collaborates With Ford to Combat Coronavirus Crisis
- 3M (MMM) partners with Ford to increase the production of powered air purifying respirators in its bid to contribute toward the fight against the coronavirus pandemic.
- 03/25/2020
|
Crane (CR) to Benefit From Acquisitions, Headwinds Persist
- Crane (CR) is likely to benefit from its focus on product development, strong operating leverage, repositioning activities and acquired asset. However, high debt and segmental woes remain concerns.
- 03/25/2020
|
Crane (CR) to Benefit From Acquisitions, Headwinds Persist
- Crane (CR) is likely to benefit from its focus on product development, strong operating leverage, repositioning activities and acquired asset. However, high debt and segmental woes remain concerns.
- 03/25/2020
|
3M (MMM) Collaborates With Ford to Combat Coronavirus Crisis
|
Honeywell Increases Face Mask Production to Fight Coronavirus
- Honeywell (HON) increases production of healthcare materials in its bid to contribute toward the fight against the coronavirus pandemic.
- 03/24/2020
|
Honeywell Increases Face Mask Production to Fight Coronavirus
- Honeywell (HON) increases production of healthcare materials in its bid to contribute toward the fight against the coronavirus pandemic.
- 03/24/2020
|
Cintas (CTAS) Q3 Earnings & Revenues Beat Estimates, Up Y/Y
- Cintas' (CTAS) third-quarter fiscal 2020 earnings and revenues increase year over year due to strong performance in its segmental businesses.
- 03/20/2020
|
Cintas (CTAS) Q3 Earnings & Revenues Beat Estimates, Up Y/Y
- Cintas' (CTAS) third-quarter fiscal 2020 earnings and revenues increase year over year due to strong performance in its segmental businesses.
- 03/20/2020
|
Coronavirus updates as Boris Johnson says UK can 'turn the tide in 12 weeks'
- PM urges population to follow official advice
- 03/19/2020
|
IDEX (IEX) Authorizes Share Repurchase Program Worth $500M
- IDEX's (IEX) approval of an additional share repurchase program worth $500 million is likely to instill confidence among investors.
- 03/19/2020
|
