Babcock & Wilcox (BW) Reports Q3 Revenues Miss
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Babcock & Wilcox Enterprises Announces Third Quarter 2019 Results
November 7, 2019 6:45 AM EST
- 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,... More
