BROADWIND ENERGY,INC. (NASDAQ:BWEN) Files An 8-K Results of Operations and Financial ConditionItem 2.02. Results of Operations and Financial Condition.
On August 1, 2017, Broadwind Energy,Inc. (the “Company”) issued a press release announcing its financial results as of and for the quarter ended June 30, 2017. The press release is incorporated herein by reference and is attached hereto as Exhibit99.1.
The information contained in, or incorporated into, this Item 2.02 of this Current Report on Form8-K (this “Report”), including Exhibit99.1, is furnished under Item 2.02 of Form8-K and shall not be deemed “filed” for the purposes of Section18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) or otherwise subject to the liabilities of that section, and shall not be deemed to be incorporated by reference into the filings of the Company under the Securities Act of 1933, as amended (the “Securities Act”) or the Exchange Act regardless of any general incorporation language in such filings.
Item 2.02. Regulation FD Disclosure.
An Investor Presentation dated August 1, 2017 is incorporated herein by reference and attached hereto as Exhibit99.2.
The information contained in, or incorporated into, this Item 2.02 of this Report, including Exhibit99.2 attached hereto, is furnished under Item 2.02 of Form8-K and shall not be deemed “filed” for the purposes of Section18 of the Exchange Act or otherwise subject to the liabilities of that section, and shall not be deemed to be incorporated by reference into the filings of the Company under the Securities Act or the Exchange Act regardless of any general incorporation language in such filings.
This Report shall not be deemed an admission as to the materiality of any information in this Report that is being disclosed to Regulation FD.
Please refer to Exhibit99.2 for a discussion of certain forward-looking statements included therein and the risks and uncertainties related thereto.
Item 2.02. Financial Statements and Exhibits.
| (d) | Exhibits |
| EXHIBIT NUMBER | DESCRIPTION |
| 99.1 | Press Release dated August 1, 2017 |
| 99.2 | Investor Presentation dated August 1, 2017 |
BROADWIND ENERGY, INC. ExhibitEX-99.1 2 exh_991.htm EXHIBIT 99.1 EdgarFilingEXHIBIT 99.1Broadwind Energy Announces Q2 2017 Results Highlights: Q2 2017 orders of $18 million include Gearing orders surge to $12 million — recovery of oil and gas market and successful expansion of customer base Q2 2017 revenue of $43 million flat vs. Q2 2016 – lower tower sales volumes offset by added Red Wolf sales Tower manufacturing productivity gains and cost efficiencies drive higher segment earnings despite lower near-term demand from key customers Q2 2017 loss of $.05 per share and EBITDA of $2 million,…To view the full exhibit click here
About BROADWIND ENERGY,INC. (NASDAQ:BWEN)
Broadwind Energy, Inc. provides technologically advanced products and services to energy, mining and infrastructure sector customers, primarily in the United States. The Company is engaged primarily in United States wind energy industry. The Company operates through two segments: Towers and Weldments, and Gearing. The Company’s Towers and Weldments segment manufactures towers for wind turbines, specifically the large and heavier wind towers that are designed for multiple megawatt (MW) wind turbines. The Company’s Gearing segment engineers, builds and remanufactures precision gears and gearing systems for oil and gas, wind energy, mining, steel and other industrial applications. Within the United States wind energy industry, it provides products and services to wind turbine manufacturers. It also provides precision gearing and specialty weldments to a range of industrial customers for oil and gas, mining, steel and other industrial applications.