Babcock & Wilcox (BW) Misses Q2 EPS by 3c

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Go back to Babcock & Wilcox (BW) Misses Q2 EPS by 3c

Babcock & Wilcox Enterprises Reports Second Quarter 2022 Results

August 8, 2022 4:05 PM EDT

Revenues, Adjusted EBITDA, Bookings and Backlog have improved compared to the second quarter of 2021

Company remains positioned for milestone 2022

Q2 2022 Highlights:

Revenues of $221.0 million, a 9% improvement compared to the second quarter of 2021
B&W Renewable segment revenues of $75.2 million, a 96% increase compared to the second quarter of 2021
Bookings of $245 million, a 46% improvement compared to second quarter bookings in 2021
Ending backlog of $731 million, a 46% increase compared to backlog at the end of the second quarter of 2021
Net loss of $6.3 million, compared to net income of $1.4... More