Babcock & Wilcox (BW) Tops Q3 EPS by 10c

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Go back to Babcock & Wilcox (BW) Tops Q3 EPS by 10c

Babcock & Wilcox Enterprises Reports Third Quarter 2021 Results

November 10, 2021 4:05 PM EST

Strong Third Quarter with Accelerating Bookings Entering Fourth Quarter

Q3 2021 Highlights:

- Revenues of $160.0 million
- Net income of $13.6 million
- Earnings per share of $0.12
- Consolidated adjusted EBITDA of $18.7 million
- New bookings of $194 million in third quarter 2021; anticipated fourth quarter 2021 bookings of $250 million to $300 million and full-year 2021 bookings at the highest level of annual bookings since 2017
- 2022 adjusted EBITDA target raised to $110 million to $120 million1

AKRON, Ohio--(BUSINESS WIRE)-- Babcock & Wilcox Enterprises, Inc. ("B&W" or the "Company") (NYSE:... More