Broadwind: Q1 Earnings Insights

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.

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.

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.