Babcock & Wilcox (BW) Tops Q4 EPS by 20c

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Babcock & Wilcox Enterprises Reports Fourth Quarter and Full Year 2021 Results

March 8, 2022 6:30 AM EST

Milestone 2021 with Significant Growth in Revenue and Net Income Company Achieves its 2021 Adjusted EBITDA Target Highest Level of Annual Bookings since 2017

Q4 2021 Highlights:
- Revenues of $192.3 million
- Net income of $30.2 million, more than six times net income in the fourth quarter of 2020
- Earnings per share of $0.30
- Consolidated adjusted EBITDA of $27.9 million
- Bookings of $269.0 million, a 61.1% increase compared to fourth quarter bookings in 2020

Full Year 2021 Highlights:
- Revenues of $723.4 million
- Net income of... More