secwatch.observer — SEC 8-K summary
======================================

Issuer:     Babcock & Wilcox Enterprises, Inc. (BW)
CIK:        0001630805
Form:       8-K
Filed at:   2022-11-08T23:59:59+00:00
Accession:  0001630805-22-000041
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Babcock & Wilcox Q3 2022 revenue up 34% to $214.9M but net loss $20.6M; guides Q4 EBITDA $25-30M
--------------------------------------------------------------------------------

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1630805/000163080522000041/0001630805-22-000041-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1630805/000163080522000041/bw-20221108.htm
  HTML page:      https://secwatch.observer/filing/0001630805-22-000041

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