secwatch.observer — SEC 8-K summary
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Issuer:     Babcock & Wilcox Enterprises, Inc. (BW)
CIK:        0001630805
Form:       8-K
Filed at:   2023-05-10T23:59:59+00:00
Accession:  0001104659-23-057967
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Babcock & Wilcox Q1 revenue $257.2M (+26%), adjusted EBITDA $14.2M, reiterates FY target
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1630805/000110465923057967/0001104659-23-057967-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1630805/000110465923057967/tm2315174d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-057967

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer