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Babcock & Wilcox: 1Q Earnings Snapshot

AKRON, Ohio (AP) _ Babcock & Wilcox Enterprises Inc. (BW) on Thursday reported a loss of $31.5 million in its first quarter.

The Akron, Ohio-based company said it had a loss of 68 cents per share. Losses, adjusted to account for discontinued operations, came to 72 cents per share.

The power generation equipment company posted revenue of $148.6 million in the period.

In the final minutes of trading on Thursday, the company's shares hit $1.84. A year ago, they were trading at $4.05.


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