Babcock & Wilcox (BW) Misses Q2 EPS by 2c

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Go back to Babcock & Wilcox (BW) Misses Q2 EPS by 2c

Babcock & Wilcox Enterprises Reports Second Quarter 2021 Results

August 12, 2021 4:05 PM EDT

Strong Second Quarter with Significant Year-Over-Year Improvements in Revenue, Net Income, and Adjusted EBITDA

Q2 2021 Highlights:

- Revenues of $202.9 million, a 49.8% improvement compared to second quarter 2020

- Net income of $3.1 million, compared to net loss of $18.1 million in second quarter 2020

- Earnings per share of $0.02, compared to loss per share of $0.39 in second quarter 2020

- Consolidated adjusted EBITDA of $15.1 million, compared to $1.7 million in second quarter 2020

- Bookings of $168 million, a 100% improvement compared to second quarter of 2020

- Launched ClimateBrightTM decarbonization technologies platform

... More