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Stock impact report

Babcock & Wilcox Enterprises Announces Second Quarter 2019 Results

Babcock & Wilcox Enterprises, Inc. (BW) 
Last babcock & wilcox enterprises, inc. earnings: 3/1 04:42 pm Check Earnings Report
US:NYSE Investor Relations: babcockwinery.com
Company Research Source: Business Wire
- Babcock & Wilcox segment nearly doubled adjusted EBITDA to $19.0 million- All business segments showed improved results- Consolidated operating loss improved by $133.1 million to a loss of $4.3 million; generated consolidated adjusted EBITDA of $8.0 million- Equitization transactions substantially de-levered Company BARBERTON, Ohio--(BUSINESS WIRE)--Babcock & Wilcox Enterprises, Inc. ("B&W Enterprises") (NYSE: BW) announced today second quarter 2019 GAAP net loss from continuing operations improved by $181.3 million to $28.3 million compared to $209.7 million in second quarter 2018. Adjusted EBITDA also improved by $90.4 million to a positive $8.0 million compared to negative $82.4 million in the prior year period, returning the Company to profitability on an adjusted EBITDA basis."Our performance in the second quarter of 2019 shows we are continuing to gain steam following our recent strategic actions and cost-saving efforts. Our consolidated business improved operating margins Show less Read more
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