Broadwind Energy, Inc. has reported results for the quarter ended June 30, 2009, highlighted by a 28% increase in revenues to US$ 52.3 million, compared to revenues of US$ 40.8 million for the second quarter of 2008.
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The company reported a net loss of US$ 5.4 million compared to a net loss of US$ 2.0 million in the prior year. The company generated Earnings Before Interest, Taxes, Depreciation, Amortization and Stock-Based Compensation (EBITDAS) of US$ 2.7 million for the second quarter of 2009 versus US$ 4.5 million in the second quarter of last year.
