Babcock & Wilcox (BW) Misses Q1 EPS by 6c
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Babcock & Wilcox Enterprises Reports First Quarter 2022 Results
May 9, 2022 4:00 PM EDTRevenues, bookings and backlog all significantly improved compared to the first quarter of 2021
Q1 2022 Highlights:
- Revenues of $204.0 million, a 21% improvement compared to the first quarter of 2021
- B&W Renewable segment revenues of $68.0 million, reflect 136% increase over first quarter of 2021
- Net loss of $8.7 million, compared to a net loss of $15.4 million in the first quarter of 2021
- Loss per share of $0.14, compared to a loss per share of $0.22 in the first quarter of 2021
- Consolidated adjusted EBITDA of $12.0 million, a 40% increase compared... More
