Highest-materiality recent filing
Babcock & Wilcox authorizes $50M share buyback and redeems $61.4M in notes
Board authorized up to $50M common stock repurchase; repurchases to begin after Q2 2026 10-Q filing.
Babcock & Wilcox stockholders reject board declassification, approve LTIP share increase
Two governance proposals (board declassification, removal of 80% vote requirement) failed to get needed 80% approval.
Babcock & Wilcox prices $200M common stock offering at $18.50/share
Priced 10,810,811 shares at $18.50/share for ~$200M gross; underwriters have 30-day option for 1,621,621 additional shares.
Babcock & Wilcox announces $200M common stock offering for debt prepayment and growth
Offering of $200M of common stock; underwriters have 30-day option to purchase additional 15%.
Babcock & Wilcox Q1 revenue up 44% to $214.4M; Adj EBITDA $16.1M, +296% YoY; net debt cut to $42.4M
Revenue $214.4M, +44% YoY; adjusted EBITDA $16.1M (+296% YoY), both ahead of consensus.
B&W Q4 loss narrows to $3.5M, Adj EBITDA up 53%; signs $2.4B AI data center contract
Q4 revenue $161M (flat YoY); operating income $12.2M vs $2.6M; Adj EBITDA $16.4M (+53% YoY).
Babcock & Wilcox raises $67.5M via ATM equity offering, pauses program
Raised $67.5M including ~$50M from a single fundamental global institutional investor.
Babcock & Wilcox enters $200M ATM equity distribution agreement with B. Riley, Lake Street
Sales Agreement signed Nov 4, 2025; up to $200M of common stock may be sold via ATM offerings.
B&W Q3 operating income +315% to $6.5M; signs $1.5B AI data center LNTP with Applied Digital
Q3 operating income $6.5M (+315% YoY); Adj EBITDA $12.6M (+59% YoY); revenue $149M vs $152.6M.
B&W Q2 net loss narrows to $6.1M; adj. EBITDA $15.1M beats Street; sells Diamond Power for $177M
Revenue $144.1M (down 5% YoY); net loss from continuing ops $6.1M vs $20.1M loss; EPS loss $0.10 vs $0.26.
Babcock & Wilcox closes sale of Diamond Power International to Andritz AG for $177M
Closed sale of Diamond Power International to Andritz AG for ~$177M base purchase price, subject to adjustments.
Babcock & Wilcox sells Diamond Power to Andritz for $177M; expects close in ~30 days
Base purchase price $177M, subject to customary adjustments; sale includes ~400 employee transfer.
BW exchanges $132M of 2026 senior notes for $101M of 8.75% secured notes due 2030
Exchanged ~$48M of 6.50% Senior Notes due 2026 and ~$84M of 8.125% Senior Notes due 2026 for ~$101M new 8.75% Second Lien Notes due 2030.
B&W exchanges $131.8M of 2026 notes for $100.8M of new 8.75% notes due 2030
Exchange includes ~$84M of 8.125% Senior Notes due Feb 2026 and ~$48M of 6.50% Senior Notes due Dec 2026.
Revenue $181.2M (+10% YoY), net loss $7.8M improved from $12.8M, EPS loss $0.11 vs $0.19.
BW subsidiary sells majority of assets to Kanadevia Inova for $15M plus DKK 400k and $5M loan
Base purchase price $15M + 400k DKK; additional contingent payments if Buyer enters certain project agreements within 5 years.
B&W receives NYSE non-compliance notice; Deloitte replaced by BDO as auditor
NYSE: avg closing price below $1.00 over 30 consecutive trading days; six-month cure period to regain compliance.
Q4 net loss $45.0M ($0.52/share), improved from $58.3M loss; adjusted EBITDA $23.9M vs $15.4M.
Babcock & Wilcox CFO Salamone to step down Dec 31, 2024; Frymyer named new CFO
Louis Salamone steps down as EVP/CFO effective Dec 31, 2024; enters consulting agreement with $29,166 monthly fee and $525,000 signing bonus.
B&W Q3 2024 revenue $209.9M, net loss narrows to $0.16/sh; adj EBITDA rises to $22.3M
Revenue $209.9M vs $239.4M (ex-divested BWRS: +$4.6M); net loss $11.1M ($0.16/sh) vs $12.3M ($0.18/sh) in Q3 2023.
B&W closes sale of SPIG and GMAB for ~€36.7M ($40M) to Auctus Capital Partners
Base purchase price ~€36.7M (approx $40M), subject to customary adjustments and expenses.
Babcock & Wilcox sells SPIG and Vølund for ~$40M to reduce debt
Base purchase price €36.7M (~$40M) in cash at closing, subject to customary adjustments and expenses.
B&W Q2 net income $25.2M; adj EBITDA $23.3M beats expectations; reiterates FY 2024 guidance
Revenue $233.6M, down YoY; net income $25.2M vs $0.6M, boosted by $83.5M gain from sale of Denmark renewable subsidiary.
Babcock & Wilcox amends credit agreement to govern proceeds from asset sales
Second Amendment consents to asset sales; proceeds must first repay $10M revolver, $15M pension, $10M L/Cs, $1.6M to PNC.
Babcock & Wilcox sells Denmark renewable services subsidiary to Hitachi Zosen Inova for $87M
Sale closed June 28, 2024; base purchase price ~$87M cash, subject to customary adjustments and fees.
the Company and Joseph Buckler, Senior Vice President, Clean Energy of the Company, agreed that Mr. Buckler will depart from the Company effective immediately.
Dr. Naomi Boness was appointed to the board of directors (the “Board”) of the Company, effective November 9, 2023.
Max materiality 0.90 · Median 0.57 · Most common event other_material