Babcock & Wilcox Enterprises is trading at $12.41, up 39.78% in pre-market after a Q2 revenue beat and higher 2026 adjusted EBITDA guidance.
- Q2 revenue was $319.7 million, up 130% year over year and above the $196.97 million estimate.
- Net income reached $14.3 million, while adjusted EBITDA rose to $21.8 million.
- Management raised 2026 adjusted EBITDA guidance to $80 millionβ$105 million; the broader market was mixed, indicating a primarily company-specific catalyst.