BWX Technologies (BWXT) Tops Q1 EPS by 19c, Reiterates FY20 Guidance
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BWX Technologies Reports Record First Quarter 2020 Results
May 4, 2020 4:30 PM EDTGenerates record earnings with 1Q20 EPS of $0.79; up 55% vs. 1Q19 Reports 1Q20 consolidated revenue up 30% vs. 1Q19 to a record of $542 million Maintains robust consolidated backlog of $5.1 billion Reiterates 2020 non-GAAP EPS guidance of ~$2.80; updates underlying guidance to incorporate current impacts from COVID-19 through 2Q20
LYNCHBURG, Va.--(BUSINESS WIRE)-- BWX Technologies, Inc. (NYSE: BWXT) ("BWXT," "we," "us" or the "Company") reported first quarter 2020 revenue of $542 million, a 30% increase compared with $416 million in the first quarter of 2019. GAAP net income for the first quarter 2020 was $75.5... More
