BWEN Q1 2024 Earnings — Broadwind, Inc. Revenue & Financial Results | Market Cap Arena

BWENBroadwind, Inc.

$54M

Q1 2024 Earnings

Industrials Industrial - Machinery

Income Statement

Revenue

$38M-23.0% YoY

Gross Profit

$7M17.6% margin

Operating Income

$2M5.5% margin

Net Income

$2M4.0% margin

EPS (Diluted)

$0.07

QoQ Revenue Growth

-19.3%

Cash Flow

Operating Cash Flow

$6M

Free Cash Flow

$4M

Stock-Based Comp.

$512,000

Balance Sheet

Total Assets

$123M

Total Liabilities

$65M

Stockholders' Equity

$58M

Cash & Equivalents

$1M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$38M	$49M	-23.0%
Gross Profit	$7M	$7M	-4.9%
Operating Income	$2M	$1M	+62.1%
Net Income	$2M	$769,000	+96.4%

Revenue Segments

Heavy Fabrications

$22M57%

Gearing

$8M22%

Industrial Solutions

$8M21%