BWX Technologies

BWX Technologies, Inc. engages in the supply and provision of nuclear components and products. It operates through the following business segments: Nuclear Operations Group, Nuclear Services Group and Nuclear Power Group. The Nuclear Operations Group segment focuses on the design and manufacture of equipment for nuclear applications. The Nuclear Services Group segment includes nuclear materials processing, environmental site restoration services and management, operating services for various government-owned facilities, and inspection and maintenance services for the commercial nuclear industry. The Nuclear Power Group segment is involved in the design and manufacture of commercial nuclear steam generators, heat exchangers, pressure vessels, reactor components, and other auxiliary equipment such as containers for the storage of spent nuclear fuel and other high-level nuclear waste. The company was founded by Stephen Wilcox and George Babcock in 1867 and is headquartered in Lynchburg, VA.

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Earnings data Q4 2024

BWXT meets expectations, eyes growth in nuclear sectors and partnerships

BWX Technologies delivered solid performance in Q4 2022, meeting expectations and showcasing growth in key areas.
The company's strengths lie in government and commercial operations, with a positive outlook for revenue and earnings growth.
Challenges include labor issues, interest rate concerns, and debt management, which require careful navigation.
Opportunities abound in government funding, nuclear sectors, and strategic partnerships, positioning BWXT for future success.

BWXT reports strong Q1 results, eyes growth amid staffing challenges

BWXT's Q1 performance reflects solid growth and progress across key business segments and projects.
While facing challenges with staffing and commercial margins, the company remains optimistic about growth opportunities and financial targets.
Strategic wins, ongoing projects, and a focus on capital deployment position BWXT for continued success in the medium term.

BWXT reports solid Q2 results, eyes growth in nuclear markets

BWXT's strong Q2 performance driven by revenue growth and raised EPS guidance. Positioned well in key nuclear markets with recent significant wins. Focus on innovation, capacity expansion, and managing working capital.

BWX Technologies posts solid Q3 results, eyes growth opportunities

BWX Technologies showcased strong performance in Q3, with growth across government and commercial segments. Challenges include managing EBIT margins and labor availability. The company is optimistic about future growth opportunities and operational enhancements.

BWXT excels in Q4 2023, eyes growth in nuclear and medical markets

BWX Technologies (BWXT) had a stellar Q4 2023, with strong revenue and earnings growth.
The company's focus on innovation and operational excellence positions it well for future success.
Challenges include maintaining growth targets and managing cash flow amidst investments.
Opportunities in nuclear energy, medical markets, and capital efficiency pave the way for growth.

BWXT posts robust Q1 results, eyes growth in clean energy

BWX Technologies (BWXT) demonstrated strong financial performance in Q1 2024, driven by revenue growth across segments and strategic investments in key projects.
While facing challenges such as budget uncertainties and operational complexities, BWXT remains resilient and proactive in addressing market dynamics and workforce needs.
With a focus on growth opportunities in clean energy, medical isotopes, and supply chain knowledge, BWXT is well-positioned for future success and innovation.
Overall, BWXT's performance, strengths, and opportunities outweigh its challenges, signaling a positive outlook for the company's growth and market positioning.

BWX Technologies (BWXT) excels in Q2, raises guidance for 2024

BWX Technologies (BWXT) reported strong financial performance, raised guidance, and highlighted positive market demand across key sectors. The company's operational segments showed robust growth, with a focus on driving free cash flow through improved EBITDA and working capital management.

BWXT reports robust Q3 results, eyes diversified growth opportunities

BWXT's strong financial performance, strategic acquisitions, and diversified revenue streams position the company for sustained growth.
Challenges such as supply chain disruptions and competitive pressures necessitate a focus on operational efficiency and innovation.
Opportunities in expanding market segments like commercial power and nuclear medicine offer avenues for future growth and market leadership.
Maintaining a customer-centric approach and leveraging competitive advantages will be key to BWXT's continued success in the nuclear industry.

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BWX Technologies, Inc. engages in the supply and provision of nuclear components and products. It operates through the Government Operations and Commercial Operations segments. The Government Operations segment manufactures naval nuclear reactors, including the related nuclear fuel, for the U.S. Naval Nuclear Propulsion Program for use in submarines and aircraft carriers. The Commercial Operations segment fabricates commercial nuclear steam generators, nuclear fuel, fuel handling systems, pressure vessels, reactor components, heat exchangers, tooling delivery systems, and other auxiliary equipment, including containers for the storage of spent nuclear fuel and other high-level waste and supplies nuclear-grade materials and precisely machined components for nuclear utility customers. The company was founded by Stephen Wilcox and George Babcock in 1867 and is headquartered in Lynchburg, VA.

Fusion Pharmaceuticals

Collaboration enables Fusion to produce high purity actinium-225 at Company's GMP manufacturing facility Agreement furthers BWXT Medical's position as a global leader in medical isotope supply HAMILTON, ON and BOSTON , Nov. 16, 2023 /PRNewswire/ -- Fusion Pharmaceuticals Inc. (Nasdaq: FUSN), and BWXT Medical Ltd., a subsidiary of BWX Technologies, Inc. (NYSE: BWXT), today announced that the companies have entered into a new agreement for the supply of generators to produce actinium-225, a medical isotope used to treat cancer in clinical trials.

Fusion Pharmaceuticals Strengthens Actinium Supply with Onsite Isotope Production through Expanded BWXT Medical Collaboration

LYNCHBURG, Va.--(BUSINESS WIRE)---- $BWXT--BWXT Selected as Nuclear Fuel and Component Manufacturer for Air Force Research Laboratory's JETSON Program.

BWXT Selected as Nuclear Fuel and Component Manufacturer for Air Force Research Laboratory's JETSON Program

BWX Technologies, Inc. (NYSE:BWXT ) Q3 2023 Earnings Conference Call November 1, 2023 5:00 PM ET Company Participants Chase Jacobson - Vice President, Investor Relations Rex Geveden - President & Chief Executive Officer Robb LeMasters - Senior Vice President & Chief Financial Officer Conference Call Participants Peter Arment - Baird Michael Ciarmoli - Truist Securities Scott Deuschle - Deutsche Bank Ron Epstein - Bank of America Pete Skibitski - Alembic Global Bob Labick - CJS Securities David Strauss - Barclays Tate Sullivan - Maxim Group Operator Ladies and gentlemen, welcome to BWX Technologies Third Quarter 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode.

BWX Technologies, Inc. (BWXT) Q3 2023 Earnings Call Transcript

LYNCHBURG, Va.--(BUSINESS WIRE)---- $BWXT #earnings--BWX Technologies, Inc. (NYSE: BWXT) ("BWXT", "we", "us" or the "Company") reported third quarter 2023 GAAP net income attributable to BWXT of $60.3 million, or diluted earnings per share (EPS) of $0.66, on third quarter revenues of $590.0 million. Third quarter 2023 non-GAAP(1) net income attributable to BWXT was $61.5 million, or non-GAAP(1) diluted EPS of $0.67. Third quarter 2023 adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA.

BWX Technologies Reports Third Quarter 2023 Results

BWX (BWXT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: BWX Technologies (BWXT) Q3 Earnings Expected to Decline

LYNCHBURG, Va.--(BUSINESS WIRE)---- $BWXT--BWXT Announces $300 Million Contract for Naval Nuclear Reactor Fuel.

BWXT Announces $300 Million Contract for Naval Nuclear Reactor Fuel

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LYNCHBURG, Va.--(BUSINESS WIRE)---- $BWXT--BWX Technologies, Inc. (NYSE: BWXT) will issue a press release detailing third quarter 2023 results on Wednesday, November 1, 2023, after market close and will host a conference call at 5:00 p.m. EDT. Listen-only participants are encouraged to participate and view the supporting presentation via the Internet at www.bwxt.com/investors. The dial-in numbers for participants are (U.S.) 1-888-550-5326 and (International) 1-646-960-0829; conference ID: 5948806. A repl.

BWX Technologies to Announce Third Quarter 2023 Results on Wednesday, November 1

LYNCHBURG, Va.--(BUSINESS WIRE)---- $BWXT--BWXT, Crowley Debut Nuclear Power Generation Vessel.

BWXT, Crowley Debut Nuclear Power Generation Vessel Concept

JACKSONVILLE, Fla. , Sept. 20, 2023 /PRNewswire/ -- Global shipping and energy supply chain leader Crowley has teamed with nuclear power leader BWX Technologies, Inc. (NYSE: BWXT) through a memorandum of understanding for a ship concept that has the potential to generate alternative, zero-carbon emission energy for defense and disaster needs by including a microreactor on board.

Crowley, BWXT Debut Nuclear Power Generation Vessel Concept

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LYNCHBURG, Va.--(BUSINESS WIRE)---- $BWXT--BWXT Awarded Contract to Evaluate Microreactor Deployment for State of Wyoming.

BWXT Awarded Contract to Evaluate Microreactor Deployment for State of Wyoming

LYNCHBURG, Va.--(BUSINESS WIRE)---- $BWXT--BWXT to Manufacture HALEU Feedstock for Advanced Reactors.

BWXT to Manufacture HALEU Feedstock for Advanced Reactors

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BWX Technologies, Inc. (NYSE:BWXT ) Q2 2023 Earnings Conference Call August 3, 2023 5:00 PM ET Company Participants Chase Jacobson - Vice President, Investor Relations Rex Geveden - President and Chief Executive Officer Robb LeMasters - Senior Vice President and Chief Financial Officer Conference Call Participants Peter Skibitski - Alembic Global Bob Labick - CJS Securities Peter Arment - Baird David Strauss - Barclays Michael Ciarmoli - Truist Securities Andre Madrid - Bank of America Operator Ladies and gentlemen, welcome to BWX Technologies Second Quarter 2023 Earnings Conference Call. [Operator Instructions] I would now like to turn the call over to our host, Chase Jacobson, BWXT's Vice President of Investor Relations.

BWX Technologies, Inc. (BWXT) Q2 2023 Earnings Call Transcript

BWX Technologies (BWXT) came out with quarterly earnings of $0.65 per share, beating the Zacks Consensus Estimate of $0.59 per share. This compares to earnings of $0.82 per share a year ago.

BWX Technologies (BWXT) Q2 Earnings and Revenues Top Estimates

LYNCHBURG, Va.--(BUSINESS WIRE)---- $BWXT #earnings--BWX Technologies, Inc. (NYSE: BWXT) ("BWXT", "we", "us" or the "Company") reported second quarter 2023 GAAP net income attributable to BWXT of $58.6 million, or diluted earnings per share (EPS) of $0.64, on second quarter revenues of $612.4 million. Second quarter 2023 non-GAAP(1) net income attributable to BWXT was $59.4 million, or non-GAAP(1) diluted EPS of $0.65. Second quarter 2023 adjusted earnings before interest, taxes, depreciation, and amortization (EB.

BWX Technologies Reports Second Quarter 2023 Results

CAMBRIDGE, Ontario--(BUSINESS WIRE)---- $BWXT--BWXT Awarded an Engineering Contract from TerraPower for the Natrium™ Demonstration Project.

BWXT Awarded an Engineering Contract from TerraPower for the Natrium™ Demonstration Project

LYNCHBURG, Va.--(BUSINESS WIRE)---- $BWXT--BWX Technologies, Inc. (NYSE: BWXT) today announced that its reactor and fuel will be key components in the world's first demonstration spacecraft using nuclear thermal propulsion. Working as part of a team led by Lockheed Martin, BWXT Advanced Technologies LLC will complete final design of the nuclear reactor, manufacture the reactor's hardware and fuel, assemble the components and deliver the fueled reactor as a complete subsystem for integration into the Defe.

BWXT to Provide Nuclear Reactor Engine and Fuel for DARPA Space Project

LYNCHBURG, Va.--(BUSINESS WIRE)---- $BWXT #BWXT--BWX Technologies, Inc. (BWXT) (NYSE: BWXT) will issue a press release detailing second quarter 2023 results on Thursday, August 3, 2023, after market close and will host a conference call at 5:00 p.m. EDT. Listen-only participants are encouraged to participate and view the supporting presentation via the Internet at www.bwxt.com/investors. The dial-in numbers for participants are (U.S.) 1-888-550-5326 and (International) 1-646-960-0829; conference ID: 5948806. A.

BWX Technologies to Announce Second Quarter 2023 Results on Thursday, August 3

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BWX (BWXT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

What Makes BWX (BWXT) a New Buy Stock

News for BWX Technologies Stock (BWXT)