{"schema_version":"secwatch.filing_event.v1","accession":"0001630805-22-000041","form_type":"8-K","ticker":"BW","cik":"0001630805","company_name":"Babcock & Wilcox Enterprises, Inc.","filed_at":"2022-11-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:51.497449+00:00","generated_at":"2026-06-22T03:46:15.145343+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Babcock & Wilcox Q3 2022 revenue up 34% to $214.9M but net loss $20.6M; guides Q4 EBITDA $25-30M","bullets":["Revenue $214.9M (+34% YoY); bookings $227M (+31%); backlog $730M (+35%).","Net loss $20.6M vs income $13.6M; loss per share $0.24 vs EPS $0.12; adj EBITDA $13.1M vs $18.9M.","Renewable segment rev $81.7M (+115%) but adj EBITDA fell from $11.4M to $4.5M due to project delays and $7.2M solar impairment.","Targets: Q4 2022 adj EBITDA $25-30M; FY2023 adj EBITDA $100-120M; pipeline $7.8B.","Global supply chain and Ukraine war continue to impact project timing and costs."],"urls":{"canonical":"https://secwatch.observer/filing/0001630805-22-000041","json":"https://secwatch.observer/filing/0001630805-22-000041.json","markdown":"https://secwatch.observer/filing/0001630805-22-000041.md","text":"https://secwatch.observer/filing/0001630805-22-000041.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1630805/000163080522000041/0001630805-22-000041-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1630805/000163080522000041/bw-20221108.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T03:46:15.145343+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":"6e572ab6acef23b455eb21bd8fa333a3ed4356e4","claim":"Babcock & Wilcox Enterprises, Inc. reported the third quarter ended September 30, 2022 results: revenue $214.9 million, net income $(20.6) million, EPS $(0.24). Guidance initiated.","evidence_excerpt":"News Release Babcock & Wilcox Enterprises Reports Third Quarter 2022 Results Q3 2022 Highlights and Outlook: – Revenues of $214.9 million, a 34% improvement compared to the third quarter of 2021 – Net loss of $20.6 million, compared to a net income of $13.6 million in the third quarter of 2021 – Changes in year over year net income primarily relate to several non-recurring and non-operational items which account for $25 million of the change from 2021 – Loss per share of $0.24, compared to earnings per share of $0.12 in the third quarter of 2021 – Bookings of $227 million, a 31% improvement compared to third quarter bookings in 2021 – Ending backlog of $730 million, a 35% increase compared to backlog at the end of the third quarter of 2021 – Expanded pipeline to $7.8 billion of identified global project and upgrade opportunities – Consolidated adjusted EBITDA of $13 .1 million , compared to $18.9 million in the third quarter of 2021 – Fourth Quarter 2022 Adjusted EBITDA target of $25 m","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1630805/000163080522000041/0001630805-22-000041-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the third quarter ended September 30, 2022"},{"label":"Revenue","value":"$214.9 million"},{"label":"Net income","value":"$(20.6) million"},{"label":"EPS","value":"$(0.24)"},{"label":"Guidance","value":"initiated"},{"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"}