Babcock & Wilcox Enterprises Inc. (NYSE:BW) Q2 2024 Earnings Conference Call August 8, 2024 5:00 PM ET

Company Participants

Sharyn Brooks – Director-Communications
Kenny Young – Chairman and Chief Executive Officer
Lou Salamone – Chief Financial Officer

Conference Call Participants

Rob Brown – Lake Street Capital Markets
Alex Rygiel – B. Riley

Operator

Good evening. My name is Makaia, and I will be your conference operator today. At this time, I would like to welcome everyone to the conference call. [Operator Instructions] Sharyn, you may begin your conference call at this time.

Sharyn Brooks

Thank you, Makaia. And thanks to everyone for joining us on Babcock & Wilcox Enterprises Second Quarter 2024 Earnings Conference Call.

I am 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 second 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 was filed this afternoon 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 second quarter earnings release published this afternoon and in our company overview presentation filed on Form 8-K this afternoon and posted on the Investor Relations section of our website at babcock.com.

I will now turn the call over to Kenny.

Kenny Young

Thanks, Sharyn. And thanks, Makaia. And good afternoon, everyone. And thanks for joining us on our second quarter 2024 earnings call.

We continue to build on our strong start to 2024 with a robust second quarter result across all of our businesses. Our results in the second quarter reflect the increased demand for our portfolio of technologies that support the generation of efficient and sustainable energy regardless of fuel source, and B&W is well positioned to capitalize on the continued growth in natural gas conversions, environmental solutions, carbon capture and clean energy opportunities globally with utility and industrial customers.