- Babcock & Wilcox segment nearly doubled adjusted EBITDA to $19.0 million - All business segments showed improved results - Consolidated operating loss improved by $133.1 million to a loss of $4.3 million; generated consolidated adjusted EBITDA of $8.0 million - Equitization transactions substantially de-levered Company

(BARBERTON, Ohio – August 1, 2019) – Babcock & Wilcox Enterprises, Inc. (NYSE:BW) (B&W or the “Company”) expects to host a conference call and webcast on Thursday, August 8, 2019 at 5 p.m. ET. 

(BARBERTON, Ohio – July 24, 2019) – Babcock & Wilcox Enterprises, Inc. ("B&W" or the “Company”) (NYSE: BW) announced today the completion of its previously announced equitization transactions approved by stockholders at the Company’s annual meeting, as well as the completion of the previously announced one-for-ten reverse stock split.

(BARBERTON, Ohio – July 11, 2019) – Babcock & Wilcox Enterprises, Inc. ("B&W" or the “Company”) (NYSE: BW) announced today that its board of directors approved a one-for-ten reverse stock split of the outstanding and treasury shares of the Company’s common stock. The reverse stock split was previously approved by a majority of the Company’s stockholders at the Company’s annual meeting of stockholders held on June 14, 2019.

- Sale of non-core asset part of B&W’s strategy to strengthen focus on core businesses- Proceeds to be used to reduce debt and provide working capital