B&W Q2 net loss narrows to $6.1M; adj. EBITDA $15.1M beats Street; sells Diamond Power for $177M

Babcock & Wilcox Enterprises, Inc.

2025-Q2 EPS reported -$0.89 revenue$299,860,000

Revenue $144.1M (down 5% YoY); net loss from continuing ops $6.1M vs $20.1M loss; EPS loss $0.10 vs $0.26.
Adjusted EBITDA from continuing ops $15.1M vs $8.0M; including Diamond Power $21.6M vs Street estimate $12.3M.
Backlog $418.1M (+49% YoY); company says going concern doubt alleviated after asset sales and debt reduction.
Closed sale of Diamond Power for $177M gross proceeds; exchanged $131.8M 2026 notes for $100.7M new 8.75% notes due 2030.

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