BWEN Q3 2023 Earnings — Broadwind, Inc. Revenue & Financial Results | Market Cap Arena

BWENBroadwind, Inc.

$54M

Q3 2023 Earnings

Industrials Industrial - Machinery

Income Statement

Revenue

$57M+27.5% YoY

Gross Profit

$10M17.8% margin

Operating Income

$5M9.4% margin

Net Income

$4M7.7% margin

EPS (Diluted)

$0.20

QoQ Revenue Growth

+12.4%

Cash Flow

Operating Cash Flow

-$5M

Free Cash Flow

-$6M

Stock-Based Comp.

$570,000

Balance Sheet

Total Assets

$165M

Total Liabilities

$110M

Stockholders' Equity

$54M

Cash & Equivalents

$2M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$57M	$45M	+27.5%
Gross Profit	$10M	$4M	+171.3%
Operating Income	$5M	-$520,000	+1132.1%
Net Income	$4M	-$2M	+348.0%

Revenue Segments

Heavy Fabrications

$38M67%

Gearing

$11M20%

Industrial Solutions

$7M13%