Babcock & Wilcox Enterprises, Inc. (BW) Q1 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon. Thank you for attending the Babcock and Wilcox Enterprises First Quarter 2026 Conference Call. All lines will be muted during the presentation portion of the call with an opportunity for questions and answers at the end. I would now like to turn the conference over to your host, Sharon Brooks, B&W's Director of Communications. Thank you. You may proceed, Ms. Brooks. Thank you, Ellen, and thanks to everyone for joining us on Babcock and Wilcox Enterprises. First Quarter, 2026 Earnings Conference Call. I'm Sharon Brooks, Director of Communications. Joining the call today are Kenny Young, B&W's Chairman and Chief Executive Officer, and Cameron Freimeyer, 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 in our quarterly report on Form 10-Q that was filed with the SEC earlier today. Additionally, except as required by law, we undertake no obligation to update any forward-looking statement. We also provide non-GAAP information regarding certain historical and targeted results to supplement the results provided in accordance with GAAP. This information, which includes our discussion of adjusted EBITDA, adjusted net income, and net debt, should not be considered superior to or as a substitute for the comparable gap measures. A reconciliation of historical non-gap measures can be found in our first quarter 2026 earnings release published earlier today and in our company overview presentation filed on Form 8K, which is posted on the investor relations section of our website at...