B&W: Babcock & Wilcox: Q4 Earnings Snapshot

In This Article: AKRON, Ohio (AP) - AKRON, Ohio (AP) - Babcock & Wilcox Enterprises Inc. (BW) on Monday reported a loss of $63.1 million in its fourth quarter. On a per-share basis, the Akron, Ohio-based company said it had a loss of 71 cents. Losses, adjusted to account for discontinued operations and asset impairment costs, were 47 cents per share. The power generation equipment company posted revenue of $200.8 million in the period. For the year, the company reported that its loss narrowed to $59.9 million, or 82 cents per share. Revenue was reported as $717.3 million. In the final minutes of trading on Monday, the company's shares hit 67 cents. A year ago, they were trading at $1.22. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BW at https://www.zacks.com/ap/BW