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Dec 31, 2020
Babcock & Wilcox Q4 2020 Earnings Report
Announced results for the fourth quarter and full year 2020, reflecting the positive impact of strategic actions and cost savings initiatives despite COVID-19 impacts.
Key Takeaways
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.
Revenues for Q4 2020 were $149.9 million.
Net income for Q4 2020 was $4.6 million.
Earnings per share for Q4 2020 were $0.09.
Bookings for Q4 2020 reached $167 million.
Babcock & Wilcox
Babcock & Wilcox
Forward Guidance
B&W is confident in its ability to achieve its previously stated adjusted EBITDA targets of $70-$80 million and $95-$105 million, in 2021 and 2022, respectively.