Broadwind sees FY25 revenue $145M-$155M, consensus $152.61M

Sees FY25 adjusted EBITDA $9M-$10M. Broadwind (BWEN) announced the completion of the previously disclosed sale of its industrial fabrication operations in Manitowoc, Wisconsin, effective September 8. Under the terms of the agreement, the company will receive total cash consideration of $13.5M, excluding transaction expenses and any other customary adjustments. “Our successful completion of this transaction marks a significant step forward in Broadwind’s strategy to streamline operations, enhance balance sheet flexibility, and refocus on higher-margin precision manufacturing verticals,” stated Eric Blashford, President and CEO of Broadwind. “By consolidating operations into our Abilene, TX facility, we expect to reduce operating costs by approximately $8 million annually, enhance asset utilization, and further accelerate Broadwind’s ability to capture growth opportunities across our core power generation and infrastructure markets. Today, in conjunction with the completion of the transaction, we are reintroducing full-year 2025 financial guidance. As demand strengthens in our core markets, we expect recent cost actions and improved asset utilization will support continued profitable growth, consistent with our long-term focus on shareholder value creation.”