Broadwind, Inc.（BWEN）資訊與事件BWENBroadwind, Inc.

Broadwind Acquires 100% of MCM for $18M

Broadwind announced that on October 30 it acquired 100% of the shares of privately held MCM Acquisition Company for a base purchase price of $18M, in addition to up to a $7M performance-based earnout, subject to achieving financial milestones within 14 months of the transaction date. MCM is an Alabama-based precision manufacturer of metal components for the electric utility and critical infrastructure markets. On a trailing twelve-month basis through June 30, MCM generated total revenue of about $16.5M and adjusted EBITDA of about $3.7M, or about 23% of revenue. The transaction price, excluding any earnout, is 4.8x trailing-twelve months adjusted EBITDA. The acquisition is expected to be accretive to Broadwind on both a margin rate and diluted earnings per share basis upon closing. Pro forma net debt to trailing twelve-month adjusted EBITDA for the combined businesses was about 3.7x as of June 30. Broadwind plans to reduce net leverage to 2.0x or less by year-end 2028 through a combination of earnings growth and debt repayment. Broadwind will host a conference call on November 3 at 11 am ET. "The acquisition of MCM represents a defining milestone in Broadwind's transformation into a leading solutions provider to the power generation and critical infrastructure markets. Over the past several years, we've deliberately reshaped our business by divesting non-core assets, exiting underperforming business lines, and strengthening our balance sheet, while accelerating our strategic shift toward higher-value, more durable revenue streams supported by differentiated capabilities, defensible competitive advantages, and compelling long-term growth fundamentals," said Eric Blashford, president and CEO of Broadwind.

Broadwind Reports Q2 Revenue of $24.3M, Orders Up 68%

Reports Q2 revenue $24.3M, consensus $34.97M. Reports Q2 total orders of $35.2M, up 68%. "During the second quarter, we continued a successful strategic pivot toward becoming a pure-play precision manufacturing business focused on the domestic power generation and critical infrastructure markets," stated Eric Blashford, President and CEO of Broadwind. "Customer demand was robust during the second quarter, as broad-based order momentum accelerated across our power generation, energy, and industrial verticals. Orders in our Industrial Solutions and Gearing segments organically increased 24% and 138%, respectively, when compared to the prior-year period."

Broadwind Reports Q1 Revenue of $34.06M, Beating Expectations

Reports Q1 revenue $34.06M, consensus $32.72M. Reports total orders of $37.4M. "During the first quarter, we continued to advance our business transformation strategy, while delivering strong revenue growth, margin realization, and order growth in our core gearing and industrial solutions segments," stated Eric Blashford, President and CEO of Broadwind. "First quarter revenue in the gearing and industrial solutions segments increased more than 40% and 60%, respectively, when compared to the year-ago period, driven by strong demand from within our core power generation and critical infrastructure markets."