LYNCHBURG, Va. (AP) — LYNCHBURG, Va. (AP) — BWX Technologies Inc. (BWXT) on Monday reported first-quarter net income of $61.1 million.
The Lynchburg, Virginia-based company said it had profit of 67 cents per share. Earnings, adjusted for restructuring costs and costs related to mergers and acquisitions, were 70 cents per share.
The supplier of nuclear fuel and components to the U.S. government posted revenue of $568.4 million in the period.
BWX expects full-year earnings in the range of $2.80 to $3 per share, with revenue expected to be $2.4 billion.
BWX shares have climbed 12% since the beginning of the year.
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