Babcock & Wilcox: Spectacular Performance Continues
Babcock & Wilcox has seen significant growth, leading to a $200 million equity raise at $18.50 per share. The company's Q1 revenue increased by 44% to $214 million, with adjusted EBITDA rising fourfold to $16.1 million. With a strong cash position and optimistic guidance for 2026, the company is well-positioned despite challenges in modeling contributions from its AI and datacenter projects.
- ▪Babcock & Wilcox raised $200 million in equity at $18.50 per share.
- ▪Q1 revenue surged 44% to $214 million, with adjusted EBITDA quadrupling to $16.1 million.
- ▪The company eliminated its net debt, achieving a $150 million net cash position.
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