{"schema_version":"secwatch.filing_event.v1","accession":"0001630805-24-000004","form_type":"8-K","ticker":"BW","cik":"0001630805","company_name":"Babcock & Wilcox Enterprises, Inc.","filed_at":"2024-03-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:24.869960+00:00","generated_at":"2026-06-04T19:38:55.638631+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"B&W Q4 2023 net loss $54.3M; full-year revenue up 18% to $999.4M; reiterates FY2024 EBITDA target","bullets":["Q4 revenue $227.2M (-4% YoY); net loss $54.3M incl. $38M pension MTM; Adjusted EBITDA $19.5M.","FY2023 revenue $999.4M (+18% YoY); net loss $78.6M; Adjusted EBITDA $79.1M (+17%).","Environmental segment Q4 revenue +58% YoY; Thermal +9%; Renewable -33%.","New $150M senior secured credit facility completed; expects annual interest savings ~$5M.","Going concern doubt raised due to solar contract losses; company believes sufficient liquidity."],"urls":{"canonical":"https://secwatch.observer/filing/0001630805-24-000004","json":"https://secwatch.observer/filing/0001630805-24-000004.json","markdown":"https://secwatch.observer/filing/0001630805-24-000004.md","text":"https://secwatch.observer/filing/0001630805-24-000004.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1630805/000163080524000004/0001630805-24-000004-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1630805/000163080524000004/bw-20240314.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T19:38:55.638631+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":"49bed9928a14f79ac84a604a198d22efe037e0dc","claim":"Babcock & Wilcox Enterprises, Inc. reported the fiscal year ended December 31, 2023 results: revenue $999.4 million, net income $78.6 million, EPS $1.05. Guidance reaffirmed.","evidence_excerpt":"Full Year 2023 Continuing Operations Summary: – Revenues of $999.4 million, an 18% improvement compared to 2022 – Net loss of $78.6 million, including non-cash items of $38.0 million, primarily related to pension mark-to-market adjustments, compared to a net loss of $20.0 million in 2022, which included a mark-to-market gain of $7.7 million – Loss per share of $1.05, including non-cash items of $0.43, primarily related to pension mark-to-market adjustments, compared to a loss per share of $0.35 in 2022, which included a mark-to-market gain of $0.09","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1630805/000163080524000004/0001630805-24-000004-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal year ended December 31, 2023"},{"label":"Revenue","value":"$999.4 million"},{"label":"Net income","value":"$78.6 million"},{"label":"EPS","value":"$1.05"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"f2cb7819195d8981f8ae37fb6e87b3568aaabf89","claim":"Babcock & Wilcox Enterprises, Inc. reported the fourth quarter ended December 31, 2023 results: revenue $227.2 million, net income $54.3 million, EPS $0.65. Guidance reaffirmed.","evidence_excerpt":"Q4 2023 Continuing Operations Financial Highlights – Revenues of $227.2 million, declined when compared to the fourth quarter of 2022, primarily due to the completion of several lower margin renewable projects – Net loss of $54.3 million, including non-cash items of $38.0, million primarily related to pension mark-to-market adjustments, compared to net income of $2.5 million in the fourth quarter of 2022, which included a mark-to-market gain of $7.7 million – Loss per share of $0.65, including non-cash items of $0.43, primarily related to pension mark-to-market adjustments, compared to a loss per share of $0.02 in the fourth quarter of 2022, which included a mark-to-market gain of $0.09","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1630805/000163080524000004/0001630805-24-000004-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter ended December 31, 2023"},{"label":"Revenue","value":"$227.2 million"},{"label":"Net income","value":"$54.3 million"},{"label":"EPS","value":"$0.65"},{"label":"Guidance","value":"reaffirmed"},{"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"}