Babcock & Wilcox (BW) Posts Q2 Loss of $2.56

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Go back to Babcock & Wilcox (BW) Posts Q2 Loss of $2.56

Babcock & Wilcox Announces Second Quarter 2017 Results

August 9, 2017 4:10 PM EDT

- New Renewable execution model introduced in Europe; reports charge on ongoing Renewable projects

- Solid gross margin performance in Power

- Cross selling and end-market improvements drive strong Industrial bookings

- New financing arrangements in place; second-lien term loan and bank credit agreement amendment

CHARLOTTE, N.C.--(BUSINESS WIRE)-- Babcock & Wilcox Enterprises, Inc. ("B&W") (NYSE: BW) announced today second quarter 2017 revenues of $349.8 million, a decrease of $33.4 million, or 8.7%, compared to the second quarter of 2016. GAAP earnings... More