secwatch.observer — SEC 8-K summary
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Issuer:     BWX Technologies, Inc. (BWXT)
CIK:        0001486957
Form:       8-K
Filed at:   2023-02-23T23:59:59+00:00
Accession:  0001486957-23-000007
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BWXT reports Q4 GAAP EPS $0.47, non-GAAP $0.93; initiates 2023 guidance; raises dividend to $0.23/share
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- Q4 2022 revenue $624.2M, net income $43.0M, adjusted EBITDA $130.1M; GAAP EPS $0.47, non-GAAP EPS $0.93.
- Full-year 2022 revenue $2.23B, net income $238.6M, adjusted EBITDA $439.4M; non-GAAP EPS $3.13.
- 2023 guidance: revenue ~$2.4B, adjusted EBITDA ~$475M, non-GAAP EPS $2.80-$3.00, free cash flow ~$200M.
- Quarterly cash dividend increased to $0.23 per share from $0.22, payable March 28, 2023 to holders of record March 10, 2023.
- GAAP EPS decline driven by absence of 2021 pension mark-to-market gains; non-GAAP EPS stable YoY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1486957/000148695723000007/0001486957-23-000007-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1486957/000148695723000007/bwxt-20230223.htm
  HTML page:      https://secwatch.observer/filing/0001486957-23-000007

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