Babcock & Wilcox: Q3 Earnings Snapshot
By AP News
Published - Nov 12, 2024, 05:32 PM ET
Last Updated - Dec 16, 2024, 05:28 PM EST
AKRON, Ohio (AP) — AKRON, Ohio (AP) — Babcock & Wilcox Enterprises Inc. (BW) on Tuesday reported a loss of $5.3 million in its third quarter.
The Akron, Ohio-based company said it had a loss of 10 cents per share. Losses, adjusted to account for discontinued operations, were 11 cents per share.
The power generation equipment company posted revenue of $209.9 million in the period.
In the final minutes of trading on Tuesday, the company's shares hit $2.53. A year ago, they were trading at $1.
