BW Q1 2023 Earnings — Babcock & Wilcox Enterprises, Inc. Revenue & Financial Results | Market Cap Arena

BWBabcock & Wilcox Enterprises, Inc.

$2B

Q1 2023 Earnings

Industrials Industrial - Machinery

Income Statement

Revenue

$241M+18.2% YoY

Gross Profit

$52M21.5% margin

Operating Income

$1M0.5% margin

Net Income

-$12M-5.2% margin

EPS (Diluted)

$-0.18

QoQ Revenue Growth

+2.0%

Cash Flow

Operating Cash Flow

-$13M

Free Cash Flow

-$15M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$968M

Total Liabilities

$979M

Stockholders' Equity

-$11M

Cash & Equivalents

$63M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$241M	$204M	+18.2%
Gross Profit	$52M	$41M	+26.7%
Operating Income	$1M	-$7M	+119.0%
Net Income	-$12M	-$8M	-51.2%

Revenue Segments

B&W Thermal Segment

$119M46%

B&W Renewable Segment

$100M39%

B&W Environmental Segment

$39M15%