Babcock & Wilcox (BW) Reports Q3 EPS of $0.69, Revenues Beat
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Babcock & Wilcox Enterprises Reports Third Quarter 2020 Results
November 12, 2020 6:30 AM EST- Revenues of $132.5 million
- Net income of $34.7 million, a $91.7 million improvement
- Adjusted EBITDA of $25.6 million with adjusted EBITDA margin of 19.3%
- Diluted EPS improved to $0.69, compared to $(1.39)
- Quarterly bookings increased 106% compared to third quarter 2019, and increased 111% sequentially
- The above results include the recognition of a $26.0 million loss recovery settlement related to certain historical EPC loss contracts
AKRON, Ohio--(BUSINESS WIRE)-- Babcock & Wilcox Enterprises, Inc. ("B&W" or the "Company") (NYSE: BW)... More
