BWX Technologies (BWXT) Tops Q1 EPS by 12c, Reaffirms Guidance

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BWX Technologies Announces First Quarter 2016 Results

May 2, 2016 4:30 PM EDT

- Adjusted EPS of $0.44, GAAP EPS of $0.46 (44% Growth Over the Prior Year Period)
- Consolidated Revenue Growth of 9% Over the Prior Year Period
- Nuclear Energy Delivers Highest Quarterly Operating Income Since 2013
- Pricing Agreement Reached on Record Amount of Navy Equipment
- Awarded Three-Year Contract for Downblending of Highly Enriched Uranium

LYNCHBURG, Va.--(BUSINESS WIRE)-- BWX Technologies, Inc. (NYSE: BWXT) (BWXT or the Company) today reported first quarter 2016 revenues of $364.8 million compared to $335.5 million in the first quarter of 2015, representing about 9% revenue growth. Adjusted (Non-GAAP)... More