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BWXT $   $  
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BWX Technologies Reports Second Quarter 2021 Results and Continues Progress On Future Growth Milestones

02 August 2021
  • Generates 2Q21 earnings of $0.62 per share on consolidated revenue of $505 million
  • Reiterates 2021 guidance: non-GAAP earnings range of $3.05 to $3.20 per share
  • Continues progress on Technetium-99m commercialization
  • Secures award for next phase of Nuclear Thermal Propulsion Program with NASA
  • Sets date for Investor Day in New York City on November 16, 2021

Lynchburg, VA – August 2, 2021 - BWX Technologies, Inc. (NYSE: BWXT) ("BWXT", "we", "us" or the "Company") reported second quarter 2021 revenue of $505 million, about even compared with $505 million in the second quarter 2020. Net income for the second quarter 2021 was $59.3 million, or $0.62 per diluted share, compared with GAAP net income of $64.3 million, or $0.67 per diluted share and non- GAAP net income of $67.7 million, or $0.71 per diluted share, in the prior-year period. A reconciliation of non-GAAP results is detailed in Exhibit 1.

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Press Contacts:

BWX Technologies, Inc.

Jud Simmons 
+1 434.522.3800

BWXT Canada Ltd.
BWXT Nuclear Energy Canada Inc.
BWXT Medical Ltd.

Monifa Miller
+1 519.242.8071

Nuclear Fuel Services, Inc.

Laura Bailey 
+1 423.743.9141