BWEN Q1 2023 Earnings — Broadwind, Inc. Revenue & Financial Results | Market Cap Arena

BWENBroadwind, Inc.

$54M

Q1 2023 Earnings

Industrials Industrial - Machinery

Income Statement

Revenue

$49M+16.8% YoY

Gross Profit

$7M14.3% margin

Operating Income

$1M2.6% margin

Net Income

$769,0001.6% margin

EPS (Diluted)

$0.04

QoQ Revenue Growth

+22.0%

Cash Flow

Operating Cash Flow

-$26M

Free Cash Flow

-$27M

Stock-Based Comp.

$480,000

Balance Sheet

Total Assets

$149M

Total Liabilities

$101M

Stockholders' Equity

$48M

Cash & Equivalents

$2M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$49M	$42M	+16.8%
Gross Profit	$7M	$2M	+246.7%
Operating Income	$1M	-$2M	+161.8%
Net Income	$769,000	-$2M	+132.0%

Revenue Segments

Heavy Fabrications

$32M65%

Gearing

$12M24%

Industrial Solutions

$5M11%