BWEN Q2 2024 Earnings — Broadwind, Inc. Revenue & Financial Results | Market Cap Arena

BWENBroadwind, Inc.

$54M

Q2 2024 Earnings

Industrials Industrial - Machinery

Income Statement

Revenue

$36M-28.3% YoY

Gross Profit

$6M15.3% margin

Operating Income

$1M3.4% margin

Net Income

$482,0001.3% margin

EPS (Diluted)

$0.02

QoQ Revenue Growth

-3.1%

Cash Flow

Operating Cash Flow

-$9M

Free Cash Flow

-$10M

Stock-Based Comp.

$659,000

Balance Sheet

Total Assets

$123M

Total Liabilities

$63M

Stockholders' Equity

$59M

Cash & Equivalents

$938,000

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$36M	$51M	-28.3%
Gross Profit	$6M	$8M	-33.2%
Operating Income	$1M	$2M	-43.3%
Net Income	$482,000	$1M	-65.9%

Revenue Segments

Heavy Fabrications

$20M54%

Gearing

$10M29%

Industrial Solutions

$6M18%