{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-057967","form_type":"8-K","ticker":"BW","cik":"0001630805","company_name":"Babcock & Wilcox Enterprises, Inc.","filed_at":"2023-05-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.741647+00:00","generated_at":"2026-06-15T06:30:01.501635+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Babcock & Wilcox Q1 revenue $257.2M (+26%), adjusted EBITDA $14.2M, reiterates FY target","bullets":["Revenue $257.2M (+26% YoY); net loss $12.5M vs $8.7M loss; loss per share $0.18 vs $0.14.","Adj. EBITDA $14.2M vs $12.5M (+13.6%); bookings $266M (+11%), backlog $663M (+15%).","Renewable segment rev $100.1M (+47%), Environmental $39.4M (+13%), Thermal $119.2M (+17%).","FY 2023 adj. EBITDA target of $100-120M reaffirmed; BrightLoop hydrogen project with Black Hills Energy announced."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-057967","json":"https://secwatch.observer/filing/0001104659-23-057967.json","markdown":"https://secwatch.observer/filing/0001104659-23-057967.md","text":"https://secwatch.observer/filing/0001104659-23-057967.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1630805/000110465923057967/0001104659-23-057967-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1630805/000110465923057967/tm2315174d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T06:30:01.501635+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"53c4c22c86e568046765eddf73bb5010473cb63d","claim":"Babcock & Wilcox Enterprises, Inc. reported for the quarter ended March 31, 2023 results: revenue $257.2 million, net income net loss of $12.5 million, EPS loss per share of $0.18. Guidance reaffirmed.","evidence_excerpt":"Babcock & Wilcox Enterprises Reports First Quarter 2023 Results · Revenues, bookings, backlog, and Adjusted EBITDA significantly improved compared to the first quarter of 2022 and exceeded Company expectations Q1 2023 Highlights and Outlook: – Revenues of $257.2 million, a 26% improvement compared to the first quarter of 2022 – Net loss of $12.5 million, compared to a net loss of $8.7 million in the first quarter of 2022 – Loss per share of $0.18, compared to a loss per share of $0.14 in the first quarter of 2022 – Consolidated adjusted EBITDA of $14.2 million, compared to $12.5 million in the first quarter of 2022 – Bookings of $266 million, an 11% improvement compared to first quarter bookings in 2022 – Ending backlog of $663 million, over a 15% increase compared to backlog at the end of the first quarter of 2022 – Reiterates Full Year 2023 Adjusted EBITDA target of $100 million to $120 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1630805/000110465923057967/0001104659-23-057967-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"for the quarter ended March 31, 2023"},{"label":"Revenue","value":"$257.2 million"},{"label":"Net income","value":"net loss of $12.5 million"},{"label":"EPS","value":"loss per share of $0.18"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}