Babcock & Wilcox: 4Q Earnings Snapshot
AKRON, Ohio (AP) _ Babcock & Wilcox Enterprises Inc. (BW) on Tuesday reported fourth-quarter earnings of $2.4 million.
The Akron, Ohio-based company said it had profit of 4 cents per share.
The power generation equipment company posted revenue of $149.9 million in the period.
For the year, the company reported that its loss narrowed to $12.5 million, or 26 cents per share. Revenue was reported as $566.3 million.
Babcock & Wilcox shares have climbed 72% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $6.04, an increase of 27% in the last 12 months.