Babcock & Wilcox: Q1 Earnings Snapshot
By AP News
Published - May 10, 2023, 06:39 AM ET
Last Updated - Jun 21, 2023, 09:13 PM EDT
AKRON, Ohio (AP) — AKRON, Ohio (AP) — Babcock & Wilcox Enterprises Inc. (BW) on Wednesday reported a loss of $12.5 million in its first quarter.
On a per-share basis, the Akron, Ohio-based company said it had a loss of 18 cents.
The power generation equipment company posted revenue of $257.2 million in the period.
Babcock & Wilcox shares have risen 3% since the beginning of the year. The stock has decreased 16% in the last 12 months.
