Babcock & Wilcox Enterprises, Inc. (B&W) reported robust financial performance for the fourth quarter and full year 2024. With revenue from Continuing Operations in Q4 2024 reaching $200.8 million, the company saw a 15% increase Year over Year. Operating income also showed significant growth, with a $14.8 million increase compared to Q4 2023. B&W announced positive results for the full year 2024, including a 39% increase in bookings compared to 2023, a 47% increase in backlog, and a stable revenue of $717.3 million. The company is focusing on growth strategies, such as the BrightLoop project in Ohio, targeting hydrogen production and carbon capture by early 2026. They received $10.0 million in support from West Virginia for this development. B&W anticipates positive cash flow in 2025 and is actively reducing debt through asset sales and negotiations with bondholders. CEO Kenneth Young expressed confidence in the company's operational positioning and highlighted the strong demand for their technologies, including in the energy sector. B&W is optimistic about sustained growth, driven by growing global demand for power and electricity, advancements in technology, and increasing engineering projects. The company is dedicated to their BrightLoop projects and enhancing their ClimateBright decarbonization platform. Overall, B&W remains focused on improving margins, driving higher cash flows, and capitalizing on industry tailwinds to sustain growth in the coming years.