Babcock & Wilcox Earnings Reports

Babcock & Wilcox posted Q4 2024 revenue of $200.8 million, a 15% increase year-over-year, alongside a narrowed net loss and positive operating income. Adjusted EBITDA climbed to $23.9 million as core operations performed strongly, particularly in the Thermal segment. However, substantial interest expenses and continued development costs for strategic projects contributed to a $45 million net loss.

Babcock & Wilcox reported Q3 2024 results with revenue of $209.9 million and a net loss of $11.1 million. The company highlighted improved margin performance and progress on strategic sales and debt refinancing. Adjusted EBITDA was $22.3 million.

Babcock & Wilcox reported strong Q2 2024 results, driven by increased demand for their technologies and a strategic shift towards higher-value projects. The company reiterated its full-year Adjusted EBITDA target and improved its balance sheet through the sale of a Denmark-based subsidiary.

Babcock & Wilcox reported a strong start to 2024, with revenue of $207.6 million and operating income of $4.3 million, exceeding expectations. The company's strategic shift towards higher-margin projects and strength in aftermarket parts and services contributed to improved Adjusted EBITDA margins. They've increased full-year Adjusted EBITDA guidance to a range of $105 million to $115 million, excluding BrightLoop and ClimateBright expenses.

Babcock & Wilcox reported Q4 2023 revenues of $227.2 million, a net loss of $54.3 million, and adjusted EBITDA of $19.5 million. The company is focused on strategic realignment, cost savings, and developing its BrightLoop and ClimateBright technologies.

Babcock & Wilcox reported a 13% increase in revenues to $239.4 million in Q3 2023 compared to Q3 2022. The company's net loss was $12.3 million, and adjusted EBITDA was $20.0 million. They announced a strategic business realignment focused on higher margin aftermarket businesses and more predictable cash flows.

Babcock & Wilcox reported strong second-quarter results, with consolidated revenue and adjusted EBITDA exceeding expectations. The company saw improvements in revenue, adjusted EBITDA, and net loss compared to the previous year. They are making significant investments in renewable energy technologies to support future growth.

Babcock & Wilcox reported a 26% increase in consolidated revenues to $257.2 million, driven by higher volumes in the Renewable and Environmental segments. The company's net loss was $12.5 million, and GAAP operating income was $1.4 million. Adjusted EBITDA was $14.2 million, and bookings increased by 11% to $266 million.

Babcock & Wilcox Enterprises reported Q4 2022 results with consolidated revenues of $249.9 million, a 30% increase compared to Q4 2021. Net income was $5.7 million, and operating income was $9.3 million. The company achieved bookings of $197.0 million in the quarter.

Babcock & Wilcox Enterprises reported Q3 2022 results with revenues increasing by 34% year-over-year to $214.9 million. However, the company experienced a net loss of $20.6 million, compared to a net income of $13.6 million in Q3 2021. The company's bookings and backlog also increased by 31% and 35%, respectively.

Babcock & Wilcox Enterprises reported strong Q4 and full year 2021 results, achieving its 2021 adjusted EBITDA target and the highest level of annual bookings since 2017. The company is positioned for an even stronger 2022 with recent and anticipated bookings.

Babcock & Wilcox Enterprises reported better-than-anticipated results for the third quarter of 2021, driven by recent and anticipated bookings, positioning the company for a robust fourth quarter and an even stronger 2022. The company is targeting at least $70 million of adjusted EBITDA for full year 2021 and raised its 2022 adjusted EBITDA target to $110 million to $120 million.

Babcock & Wilcox Enterprises reported a strong second quarter with significant year-over-year improvements. Revenues increased by 49.8% to $202.9 million, net income was $3.1 million compared to a net loss of $18.1 million in the second quarter of 2020, and consolidated adjusted EBITDA was $15.1 million, compared to $1.7 million in the prior year period.

Babcock & Wilcox Enterprises reported a strong first quarter with year-over-year improvements across revenue, net income, and adjusted EBITDA. Revenues increased by 13.3% to $168.2 million, and the net loss decreased to $15.5 million from $31.5 million in the first quarter of 2020. The company's consolidated adjusted EBITDA was $8.5 million, compared to $1.0 million in the same period last year.

Babcock & Wilcox reported Q4 2020 revenues of $149.9 million with a net income of $4.6 million, and EPS of $0.09. The company's bookings for the quarter were $167 million. The company is confident in its ability to achieve adjusted EBITDA targets of $70-$80 million and $95-$105 million, in 2021 and 2022, respectively.

Babcock & Wilcox Enterprises reported improved third quarter results, driven by a loss recovery from historical European EPC loss projects and reflecting the ongoing execution of its turnaround strategy. The company reported revenues of $132.5 million and net income of $34.7 million.

Babcock & Wilcox Enterprises reported a GAAP loss from continuing operations of $18.1 million for Q2 2020, an improvement of $10.2 million compared to Q2 2019, with consolidated revenues of $135.4 million.

Babcock & Wilcox Enterprises announced first quarter 2020 results, reporting a decrease in consolidated revenues to $148.6 million. However, the company saw improvements in GAAP operating income and adjusted EBITDA, achieving its fourth consecutive quarter of profitability on an adjusted EBITDA basis.

Babcock & Wilcox reported a decrease in revenue compared to Q4 2018, but showed positive GAAP operating income and improved adjusted EBITDA. The company's performance reflects the effectiveness of its turnaround strategy and cost-saving initiatives. However, the company acknowledges the uncertainty caused by the COVID-19 pandemic and its potential impact on future results.