earnings
confidence high
sentiment negative
materiality 0.85
B&W Q1 revenue $181.2M (+10% YoY), Adj EBITDA $14.3M; bond exchange reduces debt but going concern noted
Babcock & Wilcox Enterprises, Inc.
2025-Q1 EPS reported
-$0.26
revenue$181,194,000
- Revenue $181.2M (+10% YoY), net loss $7.8M improved from $12.8M, EPS loss $0.11 vs $0.19.
- Adjusted EBITDA $14.3M, up 27% from $11.3M; record Global Parts & Service Q1 bookings revenue and EBITDA.
- Bond exchange: $131.8M bonds replaced with $100.8M new 5-year bonds due 2030, reducing annual interest by $1.1M.
- Backlog $526.8M (+47% YoY); bookings $167.0M (+11%).
- Cash $116.8M, total debt $473.6M; $108.4M notes due Feb 2026 current; going concern doubt noted.