Broadwind: Q1 Earnings Insights

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Broadwind BWEN reported its Q1 earnings results on Thursday, May 11, 2023 at 07:00 AM.

Here's what investors need to know about the announcement.

Earnings

Broadwind beat estimated earnings by 240.0%, reporting an EPS of $0.07 versus an estimate of $-0.05.

Revenue was up $7.03 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.01 which was followed by a 2.44% drop in the share price the next day.

Here's a look at Broadwind's past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate -0.15 -0.06 -0.11 -0.15
EPS Actual -0.14 -0.09 -0.13 -0.12
Revenue Estimate 42.70M 49.77M 43.28M 30.52M
Revenue Actual 40.06M 44.84M 50.01M 41.84M

To track all earnings releases for Broadwind visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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