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Stock impact report

Babcock & Wilcox Enterprises Announces Third 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 adjusted EBITDA increased 23% to $19.3 million- Consolidated operating loss improved by $42.0 million to a loss of $3.2 million- Company generated consolidated adjusted EBITDA of $10.1 million BARBERTON, Ohio--(BUSINESS WIRE)--Babcock & Wilcox Enterprises, Inc. ("B&W Enterprises") (NYSE: BW) announced today third quarter 2019 GAAP loss from continuing operations improved by $47.2 million to a loss of $57.0 million compared to a loss of $104.1 million in third quarter 2018. Adjusted EBITDA also improved by $36.8 million to a positive $10.1 million compared to negative $26.7 million in the prior year period, resulting in the Company's second consecutive quarter of profitability in 2019 on an adjusted EBITDA basis."Our performance in the third quarter of 2019 builds on last quarter's improvements following our improved operational performance and cost-saving efforts. Our consolidated business continued to show increasing operating margins and for the second Show less Read more
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