Aug. 13 at 1:40 PM
$BWEN Segment participates in the natural gas power equipment industry, which is experiencing a significant resurgence driven by the increasing demand for reliable and flexible power supply. Segment backlog also hit a new record high of nearly
$30,000,000 at the end of the second quarter, eclipsing the previous record of
$23,000,000 set in Q1. This quarter represents the third straight quarter with record order and backlog levels. Q2 segment revenue was
$7,400,000 up 30% sequentially as much of the supply chain headwinds impacting shipments in the first quarter were resolved during Q2.
