Babcock & Wilcox (BW) Misses Q3 EPS by 22c

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Go back to Babcock & Wilcox (BW) Misses Q3 EPS by 22c

Babcock & Wilcox Enterprises Reports Third Quarter 2023 Results and Announces Strategic Business Realignment

November 9, 2023 4:45 PM EST

Improved continuing operations revenues and adjusted EBITDA compared to the third quarter of 2022, led by Thermal Revenues increasing 17% Announced a commitment for a $150 million Senior Secured Credit facility refinancing Signed memorandum of understanding MoU for up to 200 tonnes per day of Hydrogen offtake in Louisiana with CO2 capture over a 10-year period Appointed Dr. Naomi Boness (Ph.D.) to Board of Directors, strengthening the Companys expertise in hydrogen generation and carbon capture Announced strategic business realignment focused on higher... More