BWX Technologies (BWXT) Tops Q3 EPS by 4c, Beats on Revenue; Offers FY23 Guidance

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Go back to BWX Technologies (BWXT) Tops Q3 EPS by 4c, Beats on Revenue; Offers FY23 Guidance

BWX Technologies Reports Third Quarter 2023 Results

November 1, 2023 4:06 PM EDT

3Q23 revenues of $590.0 million 3Q23 net income of $60.4 million, adjusted EBITDA(1) of $106.5 million 3Q23 diluted GAAP EPS of $0.66, non-GAAP(1) EPS of $0.67 Multiple agreements signed to progress microreactor development for commercial applications Narrowing 2023 non-GAAP(1) EPS guidance to $2.90-$2.95 Preliminary 2024 guidance for non-GAAP EPS(1) and adjusted EBITDA(1) to grow mid-single-digits

LYNCHBURG, Va.--(BUSINESS WIRE)-- BWX Technologies, Inc. (NYSE: BWXT) ("BWXT", "we", "us" or the "Company") reported third quarter 2023 GAAP net income attributable to BWXT of $60.3 million, or diluted earnings per share (EPS) of $0.66, on... More