Welcome to our dedicated page for WLMS news (Ticker: WLMS), a resource for investors and traders seeking the latest updates and insights on WLMS stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect WLMS's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of WLMS's position in the market.
Williams Industrial Services Group (WLMS) has announced its financial guidance for 2022, projecting revenues of $305 - $325 million and an EBITDA of $10 - $12.5 million. The gross margin is expected to be between 10.5% - 11.0%, while SG&A expenses are projected at 8.75% - 9.25%. CEO Tracy Pagliara acknowledged challenges, including the loss of a significant contract and competition for customer work. However, the company plans to focus on cost reductions and targeting growth opportunities within various markets.
Williams Industrial Services Group Inc. (NYSE American: WLMS) will participate in the Sidoti Virtual MicroCap Conference on December 8, 2021. The company will offer one-on-one investor calls and a webcast presentation at 11:30 a.m. Eastern Time. Interested institutional investors can reach out to Sidoti for scheduling. With over 50 years of experience, Williams focuses on providing construction, maintenance, and specialty services to energy, power, and industrial markets, emphasizing safety and innovation.
Williams Industrial Services Group (NYSE: WLMS) reported Q3 2021 revenue of $73.4 million, up from $66.2 million in Q3 2020. However, net income declined to $0.7 million or $0.03 per diluted share. The backlog increased to $672.5 million, with about $207.4 million expected to convert to revenue in the next year. Margin pressure led to a revenue guidance revision to $300 million - $310 million from $310 million - $320 million, and adjusted EBITDA is revised to $12.5 million - $13.5 million from $16.0 million - $18.0 million.
Williams Industrial Services Group Inc. (AMEX: WLMS) has announced a delay in releasing its third quarter financial results for the period ending September 30, 2021. The new release date is now set for November 18, 2021, prior to market opening. Management will also hold a conference call that day at 10:00 a.m. ET to discuss the results, followed by a Q&A session. An audio replay will be available later in the day. Williams has been providing maintenance and support services to infrastructure customers for over 50 years, prioritizing safety and innovation.
Williams Industrial Services Group Inc. (AMEX: WLMS) has announced significant management changes aimed at strengthening operational effectiveness and accelerating growth. Randy Lay is now Executive Vice President, Chief Operating Officer, while Raymond Hruby becomes Executive Vice President, Business Development. Damien Vassall has been appointed Chief Financial Officer, with Dawn Jenkins becoming a corporate officer. Additionally, Daved Karl has taken on the role of Chief Information Officer. Linda Goodspeed rejoined the Board of Directors, enhancing governance and oversight as the company seeks improved financial results.
Williams Industrial Services Group Inc. (AMEX: WLMS) is set to release its financial results for Q3 2021 on November 17, 2021, before the markets open. The results will be discussed in a conference call at 10:00 AM Eastern Time, followed by a Q&A session. The company has over 50 years of experience providing infrastructure services in energy and industrial markets.
Investors can access the earnings call via phone or an online webcast, with a replay available later that day.
Williams Industrial Services Group Inc. (NYSE American: WLMS) announced participation in two upcoming institutional investor events in September 2021. The events include the virtual Colliers 2021 Institutional Investor Conference on September 9 and The DA Davidson Diversified Industrials & Services Conference on September 22. Interested investors can arrange one-on-one calls with management, and additional details will be posted on the company's website. Williams has over 50 years of experience providing infrastructure services to blue-chip clients in the energy and industrial sectors.
Williams Industrial Services Group Inc. (NYSE American: WLMS) reported a 26.2% year-over-year revenue increase for Q2 2021, totaling $91.6 million. Net income rose to $2.9 million or $0.11 per share, up from $2.5 million a year prior. The company's backlog reached $664.4 million, a 44.2% increase from Q1, with $199.5 million expected to convert to revenue in the next twelve months. Operating income stood at $2.7 million, despite a decrease in gross margin to 10.2%. The outlook remains stable, affirming guidance for $310 million to $320 million in revenue for 2021.
Williams Industrial Services Group (NYSE American: WLMS) will announce its second quarter financial results for the period ended June 30, 2021, on August 18, 2021, prior to market opening. This will be followed by a conference call at 10:00 a.m. Eastern Time, which will include a question-and-answer session. The call can be accessed via phone or through an internet webcast. The company has serviced infrastructure markets for over 50 years, focusing on safety and innovation.
Williams Industrial Services Group (NYSE American: WLMS) announced its participation in the Jefferies Virtual Industrial Conference on August 3, 2021. Management will present at 8:00 a.m. Eastern, followed by one-on-one calls throughout the day. The company, with over 50 years of experience, offers various infrastructure services in energy and industrial markets, focusing on safety, innovation, and value delivery. Institutional investors interested in participation should contact their Jefferies representative or Williams' investor relations.