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BWXT Has Strong Third Quarter Thanks to Janus and Other Contracts

BWXT Has Strong Third Quarter Thanks to Janus and Other Contracts
Close up illustration of atomic particle for nuclear energy imagery

Earnings rose at BWX Technology [BWXT] in the third quarter, which the company attributed to trends in energy security challenges requiring nuclear solutions. Net earnings for the third quarter ended were $102 million, or $1.11 a share, up from $82.2 million, or $0.89 a share, in the year-ago quarter, according to the company’s earnings release. Quarterly revenue was $953 million, up year-over-year from $866.3 million. Quarterly segment operating income for government operations was $122.6 million, up from $97.4 million a…

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