Broadwind (NASDAQ: BWEN) shares plummeted 18.47% in pre-market trading to $2.03, following the company’s Q2 earnings release.
Broadwind reported a revenue increase to $39.24 million, up 7.6% from last year, but fell short of the $37.65 million forecast by analysts. The firm also recorded a loss of $0.04 per share, a downturn from last year’s $0.02 earnings per share.