Broadwind Stock Falls After Q4 Miss, Clocks 35% Decline In Revenue
Broadwind Inc (NASDAQ:BWEN) reported a fourth-quarter revenue decline of 35.5% year-over-year to $26.01 million, missing the consensus of $30.56 million. The gross margin contracted by 295 bps to 3.7%. The operating loss expanded to $(3.98) million from $(1.82) million a year ago. EPS loss widened to $(0.21) from $(0.12) in 4Q20, missing consensus…
Benzinga ·
Benzinga
