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Babcock & Wilcox Enterprises, Inc. reported strong Q1 2024 results, exceeding revenue expectations with $207.6 million and operating income of $4.3 million. The company raised its full-year Adjusted EBITDA target to $105.0-$115.0 million. Noteworthy highlights include $500.0 million in contract signings, a backlog of $532.8 million, and annualized cost savings of $20.0 million. Despite lower Q1 revenues compared to 2023, B&W remains optimistic about 2024. The company is focused on operational excellence, strategic investments, and capitalizing on global project opportunities. The financial performance across segments, including Renewable, Environmental, and Thermal, reflects progress and growth.