BWXT swings to profit on record-high fourth-quarter revenue

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February 27, 2019

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Lynchburg-based nuclear-services firm BWX Technologies reported Monday a fourth-quarter profit of $21.9 million, or 22 cents per diluted share, up from a net loss of $15.7 million, or a loss of 16 cents per share, during the fourth quarter of 2017.

BWXT said its fourth-quarter revenue increased 11 percent to $478 million, a record high.

For 2019 the company expects earnings per share of around $2.50.