Broadwind reports Q1 EPS (2c), consensus (4c)

Reports Q1 revenue $36.8M, consensus $32.76M. “Customer activity continues to strengthen with orders increasing 5% on year-over-year basis, outpacing the average level seen over the past two years,” stated Eric Blashford, President and CEO of Broadwind (BWEN). “With all five of our plants located within the United States we have limited direct exposure to the impact of U.S. trade policies. Therefore, our focus is to continue our diversification strategy directed at growing markets such as power generation and infrastructure, improving our operational efficiency, and increasing asset utilization, to expand profitability throughout 2025.”