Babcock & Wilcox Enterprises, Inc. (BW) CEO Kenny Young on Q1 2022 Results - Earnings Call Transcript

Babcock & Wilcox Enterprises, Inc. (NYSE:BW) Q1 2022 Results Conference Call May 9, 2022 5:00 PM ET

Company Participants

Sharyn Brooks - Director, Communications
Kenny Young - Chairman and CEO
Lou Salamone - CFO

Conference Call Participants

Rob Brown - Lake Street Capital
Brent Thielman - D.A. Davidson
Alex Rygiel - B. Riley

Operator

Good afternoon. Thank you for attending today’s Babcock & Wilcox Enterprises Q1 2022 Earnings Conference Call. My name is Bethany and I will be your moderator for today’s call. [Operator Instructions]

I would now like to pass the conference over to our host, Sharyn Brooks with Babcock and Wilcox. Please go ahead.

Sharyn Brooks

Thank you, Bethany, and thanks to everyone for joining us on Babcock & Wilcox Enterprises first quarter 2022 earnings conference call. I’m Sharyn Brooks, Director of Communications. Joining the call today are Kenny Young, B&W’s Chairman and Chief Executive Officer; and Lou Salamone, Chief Financial Officer, to discuss our first quarter results.

During this call, certain statements we make will be forward-looking. These statements are subject to risks and uncertainties, including those set forth in our safe harbor provision for forward-looking statements that can be found at the end of our earnings press release and also in our Form 10-Q that will be filed today and our Form 10-K that is on file with the SEC and provide further detail about the risks related to our business. Additionally, except as required by law, we undertake no obligation to update any forward-looking statements.

We also provide non-GAAP information regarding certain of our historical and targeted results to supplement the results provided in accordance with GAAP. This information should not be considered superior to or as a substitute for the comparable GAAP measures. A reconciliation of historical non-GAAP measures can be found in our first quarter