BWX Technologies (BWXT) Misses Q1 EPS by 1c, Offers Guidance

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Go back to BWX Technologies (BWXT) Misses Q1 EPS by 1c, Offers Guidance

BWX Technologies Reports First Quarter 2022 Results

May 9, 2022 4:10 PM EDT

Generates 1Q22 GAAP earnings of $0.64 per share, non-GAAP(1) earnings of $0.69 per share Produces 1Q22 GAAP net income of $59.0 million and adjusted EBITDA(1) of $94.4 million Completes Tc-99m equipment testing, setting the stage for FDA registration batches Closes acquisition to expand and enhance core naval nuclear manufacturing business by adding highly-engineered, proprietary valves, manifolds and fittings for global shipbuilding Reiterates 2022 guidance

LYNCHBURG, Va.--(BUSINESS WIRE)-- BWX Technologies, Inc. (NYSE: BWXT) ("BWXT", "we", "us" or the "Company") reported first quarter 2022 revenue of $531 million,... More