BWXT reports Q1 GAAP EPS $0.64, non-GAAP $0.69; revenue $531M; reaffirms 2022 guidance

BWX Technologies, Inc.

2022-Q1 EPS reported $0.64 revenue$530,738,000

GAAP net income $59.0M ($0.64/sh) down from $69.7M ($0.73/sh) YoY; non-GAAP net income $63.0M ($0.69/sh).
Revenue $531M, slightly up from $528M; adjusted EBITDA $94.4M, 4% decrease driven by lower CAS pension income and contract adjustments.
Closed strategic acquisition of proprietary valves, manifolds and fittings for global naval shipbuilding (April 2022).
Reiterates 2022 guidance: revenue +3-4%, adjusted EBITDA +3-4%, non-GAAP EPS $3.05-$3.25, cash from ops $260-290M.
Declared $0.22/sh quarterly dividend payable June 8, 2022 to holders of record May 20; repurchased $20M shares in Q1.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.