BWX Technologies (BWXT) Tops Q3 EPS by 6c, Beats on Revenue; Offers FY24 EPS Guidance
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BWX Technologies Reports Third Quarter 2024 Results
November 4, 2024 4:10 PM EST3Q24 revenues of $672.0 million 3Q24 net income of $69.6 million, adjusted EBITDA(1) of $127.0 million 3Q24 diluted GAAP EPS of $0.76, non-GAAP(1) EPS of $0.83 Expanding special materials portfolio with announced acquisition of A.O.T., a sole source provider of depleted uranium and finished specialty metals for mission critical defense applications; targeting close by year-end 2024 non-GAAP EPS(1) guidance raised to ~$3.20 Preliminary 2025 guidance for revenue, non-GAAP EPS(1) and adjusted EBITDA(1) to grow mid-to-high-single-digits; free cash flow(1) growth to be sustained at 10% or higher
LYNCHBURG, Va.--(BUSINESS WIRE)-- BWX Technologies, Inc.... More

