Babcock & Wilcox Enterprises Announces Third Quarter 2019 Results

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Babcock & Wilcox (BW) Reports Q3 Revenues Miss

November 7, 2019 6:02 PM EST

Babcock & Wilcox (NYSE: BW) reported Q3 revenue for the quarter came in at $198.6 million versus the consensus estimate of $231.9 million.

"Our performance in the third quarter of 2019 builds on last quarter's improvements following our improved operational performance and cost-saving efforts. Our consolidated business continued to show increasing operating margins and for the second consecutive quarter the Company was profitable on an adjusted EBITDA basis. Our Babcock &... More