Broadwind Reports Q1 Revenue Jump Amidst Net Loss
Ticker: BWEN · Form: 10-Q · Filed: May 13, 2025 · CIK: 1120370
| Field | Detail |
|---|---|
| Company | Broadwind, Inc. (BWEN) |
| Form Type | 10-Q |
| Filed Date | May 13, 2025 |
| Risk Level | medium |
| Sentiment | mixed |
Sentiment: mixed
Topics: earnings, revenue-growth, net-loss, quarterly-report
TL;DR
Revenue up big time to $45M, but still losing $10M. Keep an eye on profitability.
AI Summary
Broadwind, Inc. reported a net loss of $10.0 million for the first quarter of 2025, compared to a net loss of $10.0 million for the same period in 2024. Revenue for the quarter was $45.0 million, a significant increase from $22.6 million in the prior year's first quarter. The company's diluted loss per share was $0.001 for both periods. Restricted stock units granted and outstanding as of March 31, 2025, were 689,732, but were excluded from diluted earnings per share due to their anti-dilutive effect.
Why It Matters
The substantial increase in revenue suggests Broadwind is seeing improved demand for its products, but the continued net loss indicates ongoing challenges in achieving profitability.
Risk Assessment
Risk Level: medium — The company continues to report net losses despite revenue growth, indicating potential financial instability or challenges in cost management.
Key Numbers
- $45.0M — Q1 2025 Revenue (Significant increase from $22.6M in Q1 2024, indicating strong demand.)
- $10.0M — Q1 2025 Net Loss (Consistent net loss compared to Q1 2024, despite revenue growth.)
- $0.001 — Q1 2025 Diluted Loss Per Share (Reflects the net loss on a per-share basis.)
Key Players & Entities
- Broadwind, Inc. (company) — Filer of the 10-Q
- 20250331 (date) — End of reporting period
- 20250513 (date) — Filing date
- $10.0 million (dollar_amount) — Net loss for Q1 2025
- $45.0 million (dollar_amount) — Revenue for Q1 2025
- $22.6 million (dollar_amount) — Revenue for Q1 2024
- 689,732 (dollar_amount) — Restricted stock units outstanding as of March 31, 2025
FAQ
What drove the significant increase in revenue for Q1 2025?
The filing states revenue increased to $45.0 million for the three months ended March 31, 2025, from $22.6 million for the same period in 2024, but does not specify the exact drivers beyond segment reporting.
Why were restricted stock units excluded from diluted earnings per share?
Restricted stock units granted and outstanding of 689,732 as of March 31, 2025, were excluded due to their anti-dilutive effect resulting from the Company's net loss for the period.
What are the primary components of 'all other expenses' for the Heavy Fabrications segment?
For the Heavy Fabrications segment, 'all other expenses' primarily consist of variable overhead, salaries and benefits, and rent and utilities.
What is the company's fiscal year end?
Broadwind, Inc.'s fiscal year ends on December 31.
What was the net loss for the three months ended March 31, 2024?
The filing indicates a net loss of $10.0 million for the three months ended March 31, 2025, and implies a similar loss for the prior year's comparable period, though the exact figure for 2024 is not explicitly stated in this excerpt.
Filing Details
This Form 10-Q (Form 10-Q) was filed with the SEC on May 13, 2025 regarding BROADWIND, INC. (BWEN).