BW Q2 2023 Earnings — Babcock & Wilcox Enterprises, Inc. Revenue & Financial Results | Market Cap Arena

BWBabcock & Wilcox Enterprises, Inc.

$2B

Q2 2023 Earnings

Industrials Industrial - Machinery

Income Statement

Revenue

$292M+48.9% YoY

Gross Profit

$63M21.7% margin

Operating Income

$12M4.3% margin

Net Income

-$5M-1.7% margin

EPS (Diluted)

$-0.10

QoQ Revenue Growth

+20.8%

Cash Flow

Operating Cash Flow

-$9M

Free Cash Flow

-$13M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$987M

Total Liabilities

$1000M

Stockholders' Equity

-$14M

Cash & Equivalents

$55M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$292M	$196M	+48.9%
Gross Profit	$63M	$45M	+40.7%
Operating Income	$12M	$5M	+128.0%
Net Income	-$5M	-$3M	-98.2%

Revenue Segments

B&W Thermal Segment

$158M52%

B&W Renewable Segment

$99M32%

B&W Environmental Segment

$49M16%