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Babcock & Wilcox Enterprises Announces Results for Fourth Quarter and Full Year 2019

3/30/2020

Q4 2019 Highlights: - GAAP consolidated operating income improved by $147.7 million quarter-over-quarter to positive income of $10.0 million - Company generated earnings per share of $0.26 and consolidated adjusted EBITDA of $19.3 million - Vølund segment returned to profitability on an adjusted EBITDA basis   Full Year 2019 Highlights: - GAAP consolidated operating income improved by $397.2 million year-over-year to a loss of $29.4 million - Company generated consolidated adjusted EBITDA of $33.3 million, returning to full-year profitability on an adjusted EBITDA basis - All segments generated positive adjusted gross profit for the year
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Babcock & Wilcox to Webcast Discussion of Its Fourth Quarter and Full Year 2019 Results

3/27/2020

(AKRON, Ohio – March 27, 2020) – Babcock & Wilcox Enterprises, Inc. (NYSE:BW) (B&W or the “Company”) expects to host a conference call and webcast on Tuesday, March 31, 2020 at 5 p.m. ET.
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Babcock & Wilcox Announces Preliminary Unaudited Q4 and Full Year 2019 Results

3/12/2020

- Company expects to report a return to profitability on a GAAP consolidated operating income basis for fourth quarter 2019 (AKRON, Ohio - March 12, 2020) - Babcock & Wilcox Enterprises, Inc. (NYSE:BW) (B&W or the “Company”) today announced preliminary, unaudited fourth quarter 2019 and full-year 2019 financial results. The Company is providing these preliminary results in light of current market volatility and coronavirus concerns.
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Babcock & Wilcox Issues Clarification to Prior Release

3/12/2020

(AKRON, Ohio - March 12, 2020) - Babcock & Wilcox Enterprises, Inc. (NYSE:BW) (B&W or the “Company”) today announced a clarification to its press release issued at 6:45 a.m. EDT on March 12, 2020 regarding its preliminary, unaudited fourth quarter 2019 and full-year 2019 financial results. 
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B&W Announces Comprehensive Debt Refinancing Agreement as Financial Performance Improves

2/3/2020

- Provides $200 million commitment to fully refinance existing revolving credit facility - Provides an initial $30 million of working capital - Provides new $30 million revolving credit facility in May 2020 - New maturity date is January 2022 - Company expects fourth quarter 2019 results to significantly outperform the third quarter,with a return to positive GAAP consolidated operating income for the first time in 3 years (AKRON, Ohio – February 3, 2020) – Babcock & Wilcox Enterprises, Inc. (NYSE: BW) (B&W) announced today that the Company has amended its Credit Agreement to comprehensively refinance its debt in advance of its March 15, 2020 requirement.
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