Babcock & Wilcox (BW) Reports Q3 Loss of $0.62/Share
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Nasdaq futures drop over 2% on concerns over AI buildout costs, Fed rate outlook
- Nasdaq 100 set to shed over $1 trillion as tech selloff deepens; SpaceX slides
- Oil prices fall as investors focus on Hormuz flows after peace talks
- SpaceX slides, tech stocks dip — what’s moving markets
- Deutsche Bank cuts gold outlook as Fed repricing weighs on prices
- Spain's ex-transport minister sentenced to 24 years for corruption
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
Babcock & Wilcox Announces Third Quarter 2018 Results
November 8, 2018 4:08 PM EST
- Continued progress toward completion of Renewable projects, despite
increased estimated costs
- $62 million in cost savings program
underway; initial benefits realized in third quarter
- Strategic
divestitures closed, for $190 million in combined gross proceeds
BARBERTON, Ohio--(BUSINESS WIRE)-- Babcock & Wilcox Enterprises, Inc. ("B&W") (NYSE: BW) announced today third quarter 2018 revenues of $295.0 million, a decrease of $61.9 million, or 17.3%, compared to the third quarter of 2017. GAAP net loss, inclusive of discontinued operations, in third quarter 2018 was $105.7 million compared to $114.3 million in third quarter 2017; GAAP net loss from continuing operations in third quarter 2018... More
