More on Babcock & Wilcox Company (BWC): Q4 results easily beat estimates on a 13% Y/Y jump...

|By:, SA News Editor

More on Babcock & Wilcox Company (BWC): Q4 results easily beat estimates on a 13% Y/Y jump in revenue. Operating income jumped 25%, primarily due to improvements in revenues and operating margins in the Power Generation, Technical Services and Nuclear Operations segments, which partially offset an increase in R&D expenses related to its modular reactor program. Shares up +4.9% AH.