AKRON, Ohio (AP) — AKRON, Ohio (AP) — Babcock & Wilcox Enterprises Inc. (BW) on Monday reported a loss of $63.1 million in its fourth quarter.
On a per-share basis, the Akron, Ohio-based company said it had a loss of 71 cents. Losses, adjusted to account for discontinued operations and asset impairment costs, were 47 cents per share.
The power generation equipment company posted revenue of $200.8 million in the period.
For the year, the company reported that its loss narrowed to $59.9 million, or 82 cents per share. Revenue was reported as $717.3 million.
In the final minutes of trading on Monday, the company’s shares hit 67 cents. A year ago, they were trading at $1.22.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BW at https://www.zacks.com/ap/BW
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