---
schema_version: "secwatch.filing_event.v1"
accession: "0001630805-24-000062"
form_type: "8-K"
ticker: "BW"
cik: "0001630805"
company_name: "Babcock & Wilcox Enterprises, Inc."
filed_at: "2024-08-08T23:59:59+00:00"
generated_at: "2026-05-31T10:57:56.710637+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# B&W Q2 net income $25.2M; adj EBITDA $23.3M beats expectations; reiterates FY 2024 guidance

## Summary
- Revenue $233.6M, down YoY; net income $25.2M vs $0.6M, boosted by $83.5M gain from sale of Denmark renewable subsidiary.
- Adjusted EBITDA $23.3M ($24.6M ex-BrightLoop/ClimateBright) ahead of expectations; FY 2024 target reaffirmed at $105-115M.
- Environmental segment rev +15% to $56.2M, EBITDA +99% to $6.7M; Thermal rev $120.2M, EBITDA $13M due to large project completion.
- Implied bookings YTD $668.5M (+71% YoY); implied backlog $757.8M (+51% YoY); EPS $0.24 vs ($0.04) loss per share.
- Sale of Denmark unit closed for $83.5M net cash; new $150M revolver expected to reduce interest cost by ~$5M/year.

## SEC filing metadata
- accession: 0001630805-24-000062
- form_type: 8-K
- ticker: BW
- cik: 0001630805
- company_name: Babcock & Wilcox Enterprises, Inc.
- filed_at: 2024-08-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1630805/000163080524000062/0001630805-24-000062-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1630805/000163080524000062/bw-20240808.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001630805-24-000062
- JSON: https://secwatch.observer/filing/0001630805-24-000062.json
- Plain text: https://secwatch.observer/filing/0001630805-24-000062.txt

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