{"schema_version":"secwatch.filing_event.v1","accession":"0001630805-24-000025","form_type":"8-K","ticker":"BW","cik":"0001630805","company_name":"Babcock & Wilcox Enterprises, Inc.","filed_at":"2024-05-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.327119+00:00","generated_at":"2026-06-02T06:07:04.491530+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Babcock & Wilcox Q1 revenue $207.6M, op income $4.3M; raises FY adjusted EBITDA guidance to $105-115M","bullets":["Revenue $207.6M, down 14% YoY; operating income $4.3M vs $1.3M.","Net loss $15.8M ($0.22 loss per share) vs $12.7M; includes $5.1M loss on debt extinguishment.","Adjusted EBITDA $12.5M vs $13.6M; FY2024 guidance raised to $105-115M (ex BrightLoop/ClimateBright).","New contracts and awards ~$500M in 2024, nearly double prior year; implied backlog $826.4M (+29% YoY).","Closed $150M revolving credit facility; expects interest cost reduction up to $5M/year."],"urls":{"canonical":"https://secwatch.observer/filing/0001630805-24-000025","json":"https://secwatch.observer/filing/0001630805-24-000025.json","markdown":"https://secwatch.observer/filing/0001630805-24-000025.md","text":"https://secwatch.observer/filing/0001630805-24-000025.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1630805/000163080524000025/0001630805-24-000025-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1630805/000163080524000025/bw-20240509.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T06:07:04.491530+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":"edb0ea41e1f4ad415457de5d450e28a07adb4422","claim":"Babcock & Wilcox Enterprises, Inc. reported the quarter ended March 31, 2024 results: revenue $207.6 million, net income Net loss of $15.8 million, EPS Loss per share of $0.22. Guidance raised.","evidence_excerpt":"reference in such filing. --- EX-99.1 (EX-99.1) --- News Release Babcock & Wilcox Enterprises Reports First Quarter 2024 Results • Exceeded expectations with Revenue of $207.6 million and Operating Income of $4.3 million • Increased Full Year 2024 Adjusted EBITDA target range to $105.0 million to $115.0 million, excluding BrightLoop TM and ClimateBright TM","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1630805/000163080524000025/0001630805-24-000025-index.htm","confidence":0.92,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2024"},{"label":"Revenue","value":"$207.6 million"},{"label":"Net income","value":"Net loss of $15.8 million"},{"label":"EPS","value":"Loss per share of $0.22"},{"label":"Guidance","value":"raised"},{"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"}