Babcock & Wilcox raises FY24 adjusted EBITDA target to $105M to $115M

• Babcock & Wilcox Enterprises (NYSE:BW) on Wednesday said it has increased its FY24 Adjusted EBITDA target to $105 million to $115 million.
• The company also announced year-to-date signed contracts and awards total approximately $500 million, nearly doubling the total value achieved during the same period in 2023.
• BW +8.33% after hours to $1.17.
• The company also filed for a $50M common stock at-the-market offering.
• Source: Press Release

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