Babcock & Wilcox(BW) - 2024 Q2 - Quarterly Results
Babcock & Wilcox(US:BW)2024-08-08 20:11Exhibit 99.1 News Release Babcock & Wilcox Enterprises Reports Second Quarter 2024 Results, Earnings Growth Driven By Strong Operating Performance • Revenue of $233.6 million, Net Income of $25.4 million, and Operating Income of $42.2 million, which exceeded expectations • Adjusted EBITDA of $23.3 million, $24.6 million excluding BrightLoop and ClimateBright expenses, ahead of expectations • Reiterate Full Year 2024 Adjusted EBITDA target range of $105.0 million to $115.0 million, excluding BrightLoop and C ...