Broadwind Energy (BWEN) Reports In-Line Q4 EPS

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Broadwind Announces Fourth Quarter and Full-Year 2020 Results

February 25, 2021 7:00 AM EST

CICERO, Ill., Feb. 25, 2021 (GLOBE NEWSWIRE) -- Broadwind (NASDAQ: BWEN), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced results for the fourth quarter and full-year 2020.

FULL-YEAR 2020 RESULTS(As compared to the full-year 2019)

Wind tower sections sold, +23% y/yTotal revenue of $198.5 million, +11% y/yTotal gross profit of $18.0 million, +17% y/yTotal non-GAAP adjusted EBITDA of $8.0 million, +11% y/y

FOURTH QUARTER 2020 RESULTS(As compared to the fourth quarter 2019)

Total revenue of... More