CICERO

Broadwind Announces Third Quarter 2023 Results

Retrieved on: 
Monday, November 13, 2023

CICERO, Ill., Nov. 13, 2023 (GLOBE NEWSWIRE) -- Broadwind, Inc. (Nasdaq: BWEN, “Broadwind” or the “Company”), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced results for the third quarter 2023.

Key Points: 
  • CICERO, Ill., Nov. 13, 2023 (GLOBE NEWSWIRE) -- Broadwind, Inc. (Nasdaq: BWEN, “Broadwind” or the “Company”), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced results for the third quarter 2023.
  • During the third quarter, Broadwind generated significant year-over-year revenue growth across each of its reporting segments, as well as an overall increase in consolidated profitability.
  • During the third quarter 2023, total non-wind revenue increased 16% on a year-over-year basis to $27 million.
  • The segment reported non-GAAP adjusted EBITDA of $1.0 million in the third quarter 2023, as compared to ($0.05) million in the prior-year period.

Broadwind Reschedules Third Quarter 2023 Results Conference Call and Webcast to November 13

Retrieved on: 
Tuesday, November 7, 2023

CICERO, Ill., Nov. 07, 2023 (GLOBE NEWSWIRE) -- Broadwind (Nasdaq: BWEN), a diversified precision manufacturer of specialized components and solutions serving global markets, has rescheduled its third quarter 2023 results conference call and webcast to Monday, November 13, 2023, at 12:00 p.m.

Key Points: 
  • CICERO, Ill., Nov. 07, 2023 (GLOBE NEWSWIRE) -- Broadwind (Nasdaq: BWEN), a diversified precision manufacturer of specialized components and solutions serving global markets, has rescheduled its third quarter 2023 results conference call and webcast to Monday, November 13, 2023, at 12:00 p.m.
  • Broadwind intends to issue its third quarter 2023 results that same day before the open of the U.S. equity markets.
  • A webcast of the conference call and accompanying presentation materials will be available in the Investor Relations section of the Company’s corporate website at https://investors.bwen.com/investors .
  • To participate in the live teleconference:
    To listen to a replay of the teleconference, which will be available through November 20, 2023:

Workers mourn the death of workers' rights at Portillo's this Day of the Dead

Retrieved on: 
Thursday, November 2, 2023

CICERO, Ill., Nov. 2, 2023 /PRNewswire/ -- Portillo's workers, Ironworkers Union, elected officials, community supporters gathered for a Dia de Los Muertos rally and demonstration at the grand opening of Portillo's 79th location to mourn the death of workers' rights at Portillo's.

Key Points: 
  • CICERO, Ill., Nov. 2, 2023 /PRNewswire/ -- Portillo's workers, Ironworkers Union, elected officials, community supporters gathered for a Dia de Los Muertos rally and demonstration at the grand opening of Portillo's 79th location to mourn the death of workers' rights at Portillo's.
  • On April 13, 2023, Portillo's food production warehouse workers in Addison, IL overwhelmingly voted for representation by Iron Workers Local 853.
  • However, instead of honoring the workers' vote, Portillo's has utilized stall tactics, including filing baseless election objections.
  • Workers continue to demand the company cease all stall tactics and adhere to its original promises to respect the workers' decision and negotiate.

Broadwind Announces Third Quarter 2023 Conference Call And Webcast Date

Retrieved on: 
Wednesday, October 25, 2023

CICERO, Ill., Oct. 25, 2023 (GLOBE NEWSWIRE) -- Broadwind (Nasdaq: BWEN), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced that it will issue third quarter 2023 results before the market opens on Wednesday, November 8, 2023.

Key Points: 
  • CICERO, Ill., Oct. 25, 2023 (GLOBE NEWSWIRE) -- Broadwind (Nasdaq: BWEN), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced that it will issue third quarter 2023 results before the market opens on Wednesday, November 8, 2023.
  • A conference call will be held that same day at 10:00 A.M.
  • A webcast of the conference call and accompanying presentation materials will be available in the Investor Relations section of the Company’s corporate website at https://investors.bwen.com/investors .
  • To participate in the live teleconference:
    To listen to a replay of the teleconference, which will be available through November 15, 2023:

S&P Global Ratings launches updated Second Party Opinions featuring Shades of Green

Retrieved on: 
Thursday, September 14, 2023

LONDON, Sept. 14, 2023 /PRNewswire/ -- S&P Global Ratings has updated its analytical approach for use of proceeds Second Party Opinions (SPOs) following its December 2022 acquisition of Shades of Green from the CICERO climate research foundation. The updated approach combines important features of the methodologies of S&P Global Ratings and Shades of Green, providing additional transparency to investors that seek to understand and act upon potential contribution to a sustainable future.

Key Points: 
  • LONDON, Sept. 14, 2023 /PRNewswire/ -- S&P Global Ratings has updated its analytical approach for use of proceeds Second Party Opinions (SPOs) following its December 2022 acquisition of Shades of Green from the CICERO climate research foundation.
  • The updated approach combines important features of the methodologies of S&P Global Ratings and Shades of Green, providing additional transparency to investors that seek to understand and act upon potential contribution to a sustainable future.
  • In the updated analytical approach, S&P Global Ratings outlines its process for providing SPOs, defines an S&P Global Ratings Shade of Green and explains how it is assigned to environmental projects.
  • They are not credit ratings, do not consider credit quality, and do not factor into S&P Global Ratings' credit ratings.

AI systems have learned how to deceive humans. What does that mean for our future?

Retrieved on: 
Monday, September 4, 2023

Artificial intelligence pioneer Geoffrey Hinton made headlines earlier this year when he raised concerns about the capabilities of AI systems.

Key Points: 
  • Artificial intelligence pioneer Geoffrey Hinton made headlines earlier this year when he raised concerns about the capabilities of AI systems.
  • And there are very few examples of a more intelligent thing being controlled by a less intelligent thing.
  • And there are very few examples of a more intelligent thing being controlled by a less intelligent thing.

AI learns to lie

    • Perhaps the most disturbing example of a deceptive AI is found in Meta’s CICERO, an AI model designed to play the alliance-building world conquest game Diplomacy.
    • Read more:
      An AI named Cicero can beat humans in Diplomacy, a complex alliance-building game.
    • The AI regularly betrayed other players, and in one case even pretended to be a human with a girlfriend.
    • Read more:
      AI to Z: all the terms you need to know to keep up in the AI hype age

What are the risks?

    • Beyond that, advanced AI systems can autonomously use deception to escape human control, such as by cheating safety tests imposed on them by developers and regulators.
    • In one experiment, researchers created an artificial life simulator in which an external safety test was designed to eliminate fast-replicating AI agents.
    • In the future, advanced autonomous AI systems may be prone to manifesting goals unintended by their human programmers.

Close oversight is needed

    • It assigns each AI system one of four risk levels: minimal, limited, high and unacceptable.
    • Systems with unacceptable risk are banned, while high-risk systems are subject to special requirements for risk assessment and mitigation.
    • As AI’s capabilities develop, it will become even more important for this kind of research to be subject to close oversight.

Broadwind Announces Second Quarter 2023 Results

Retrieved on: 
Monday, August 14, 2023

CICERO, Ill., Aug. 14, 2023 (GLOBE NEWSWIRE) -- Broadwind, Inc. (Nasdaq: BWEN, “Broadwind” or the “Company”), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced results for the second quarter 2023.

Key Points: 
  • CICERO, Ill., Aug. 14, 2023 (GLOBE NEWSWIRE) -- Broadwind, Inc. (Nasdaq: BWEN, “Broadwind” or the “Company”), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced results for the second quarter 2023.
  • The Company reported GAAP net income of $1.4 million, or $0.07 per diluted share, in the second quarter 2023, compared to a net loss of ($2.7) million, or ($0.13) per basic share, in the second quarter 2022.
  • As of June 30, 2023, Broadwind had total cash on hand and availability under its credit facility of $15.2 million, as compared to $10.2 million at the end of the second quarter 2022.
  • Non-GAAP adjusted EBITDA increased meaningfully on a year-over-year basis across each reporting segment during the second quarter of 2023.

Broadwind Announces Second Quarter 2023 Conference Call and Webcast Date

Retrieved on: 
Wednesday, August 2, 2023

CICERO, Ill., Aug. 02, 2023 (GLOBE NEWSWIRE) -- Broadwind (Nasdaq: BWEN), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced that it will issue second quarter 2023 results before the market opens on Monday, August 14, 2023.

Key Points: 
  • CICERO, Ill., Aug. 02, 2023 (GLOBE NEWSWIRE) -- Broadwind (Nasdaq: BWEN), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced that it will issue second quarter 2023 results before the market opens on Monday, August 14, 2023.
  • A conference call will be held that same day at 11:00 A.M.
  • A webcast of the conference call and accompanying presentation materials will be available in the Investor Relations section of the Company’s corporate website at https://investors.bwen.com/investors .
  • To participate in the live teleconference:
    To listen to a replay of the teleconference, which will be available through August 21, 2023:

Broadwind Stockholders Re-Elect All Seven Incumbent Director Nominees at 2023 Annual Meeting

Retrieved on: 
Tuesday, May 23, 2023

Press, David P. Reiland, Sachin M. Shivaram, Thomas A. Wagner and Cary B.

Key Points: 
  • Press, David P. Reiland, Sachin M. Shivaram, Thomas A. Wagner and Cary B.
  • Based on preliminary voting tabulations, Broadwind reports that all of its director candidates were elected by an overwhelming majority of the shares voted.
  • The Board issued the following statement:
    “We appreciate the continued, broad-based support of our stockholders, as demonstrated by the re-election of all seven of our incumbent directors.
  • served as legal advisor, while Vallum Advisors and Bonifacino Advisors served as strategic advisors to Broadwind.

Broadwind To Attend The 20th Annual Craig-Hallum Institutional Investor Conference

Retrieved on: 
Tuesday, May 16, 2023

CICERO, Ill., May 16, 2023 (GLOBE NEWSWIRE) -- Broadwind (Nasdaq: BWEN, or “Broadwind”), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced that CEO Eric Blashford and CFO Thomas Ciccone will attend the 20th Annual Craig-Hallum Institutional Investor Conference at the Depot Renaissance Hotel in Minneapolis on May 31, 2023.

Key Points: 
  • CICERO, Ill., May 16, 2023 (GLOBE NEWSWIRE) -- Broadwind (Nasdaq: BWEN, or “Broadwind”), a diversified precision manufacturer of specialized components and solutions serving global markets, today announced that CEO Eric Blashford and CFO Thomas Ciccone will attend the 20th Annual Craig-Hallum Institutional Investor Conference at the Depot Renaissance Hotel in Minneapolis on May 31, 2023.
  • In conjunction with the event, Broadwind executives will be available to participate in one-on-one meetings with investors registered to attend the conference.
  • For more information, please contact your Craig-Hallum representative.