Babcock & Wilcox Enterprises, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 239.41 million compared to USD 211.67 million a year ago. Net loss was USD 116.88 million compared to USD 17.77 million a year ago. Basic loss per share from continuing operations was USD 0.18 compared to USD 0.15 a year ago. Basic loss per share was USD 1.35 compared to USD 0.24 a year ago.
For the nine months, sales was USD 772.19 million compared to USD 611.49 million a year ago. Net loss was USD 134.47 million compared to USD 28.6 million a year ago. Basic loss per share from continuing operations was USD 0.4 compared to USD 0.34 a year ago. Basic loss per share was USD 1.64 compared to USD 0.45 a year ago.