Broadwind Energy, Inc. has reported first quarter results for the period ended March 31, 2009 highlighted by revenues of US$ 53.1 million, compared to revenues of US$ 35.2 million for the period ended March 31, 2008, an increase of 51%.
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The Company reported a net loss of US$ 7.2 million, or (US$ 0.07) per basic and diluted share, in the first quarter of 2009, compared to a net loss of US$ 3.4 million, or (US$ 0.04) per basic and diluted share, in the first quarter of 2008. The Company generated Earnings Before Interest, Taxes, Depreciation, Amortization and Stock-Based Compensation (EBITDAS) of US$ 381,000 for the first quarter of 2009.
