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Net Income, Revenue Dip for BWXT In First Quarter

Dan Leone By
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Net Income, Revenue Dip for BWXT In First Quarter
Rex Geveden, CEO of BWX Technologies. (Photo: BWX Technologies)

Revenue and net income fell for BWX Technologies [BWXT], Lynchburg, Va., during the first quarter of 2021, the naval reactor maker and nuclear services company reported after markets closed Monday. BWXT ended the first three months of the year with revenue of $528 million, a nearly 3 percent dip from the $542 million taken in during the first quarter 2020, the company said in its earnings release. Net income for the period was $69.7 million, 73 cents earnings per share…

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