---
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"
generated_at: "2026-06-02T06:07:04.491530+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Babcock & Wilcox Q1 revenue $207.6M, op income $4.3M; raises FY adjusted EBITDA guidance to $105-115M

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001630805-24-000025
- JSON: https://secwatch.observer/filing/0001630805-24-000025.json
- Plain text: https://secwatch.observer/filing/0001630805-24-000025.txt

## Key facts
- Earnings Releases
  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.
  - Period: the quarter ended March 31, 2024
  - Revenue: $207.6 million
  - Net income: Net loss of $15.8 million
  - EPS: Loss per share of $0.22
  - Guidance: raised
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1630805/000163080524000025/0001630805-24-000025-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.