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Stock impact report

Babcock & Wilcox Enterprises Reports Third Quarter 2024 Results [Yahoo! Finance]

Babcock & Wilcox Enterprises, Inc. (BW) 
Last babcock & wilcox enterprises, inc. earnings: 3/1 04:42 pm Check Earnings Report
US:NYSE Investor Relations: babcockwinery.com
Company Research Source: Yahoo! Finance
Announced total YTD implied bookings of $810.5 million, including $543.9 million of bookings, a 27% increase compared to same period of 2023 Excluding divestitures, announced implied backlog of $628.2 million, which includes $361.6 million of backlog, a 48% increase compared to the same period of 2023 Received final approval to proceed on a previously announced $246 million natural gas conversion project in Indiana as of November 2024 Began ramp up to BrightLoop ™ project in Massillon, Ohio targeted to produce hydrogen and sequester CO by early 2026 Q3 2024 Continuing Operations Financial Highlights Significantly improved margin performance, which helped meet adjusted EBITDA and net income expectations for the quarter when adjusted for one-time items Revenue of $209.9 million, compared to revenue of $239.4 million, in the third quarter of 2023 which included revenues of $34.2 million from a B&W Renewable Service A/S (BWRS) asset Operating loss of $1.5 million, which inc Show less Read more
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