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 (NYSE American: WLMS) will participate in the UBS Global Industrials and Transportation Virtual Conference on June 8, 2021. Management's general presentation is scheduled for 11:00 a.m. Eastern, with one-on-one calls available throughout the day. Institutional investors can reach out to UBS or the company's investor relations for inquiries or to schedule discussions with management.
With over 50 years of experience, Williams provides a range of infrastructure services in the energy and industrial sectors, focusing on safety, innovation, and exceptional customer value.
Williams Industrial Services Group (NYSE: WLMS) announced an expansion of its nuclear decommissioning project at the Indian Point Energy Center, increasing its scope from two to five units following the ownership transfer to Holtec International. The Company will provide skilled labor and supervision, commencing work in Q3 2021. President Kelly Powers attributed this expansion to Williams' commitment to safety, quality, and customer satisfaction. The Company has over 50 years of experience in providing infrastructure-related services, focusing on energy and industrial markets.
Williams Industrial Services Group (NYSE American: WLMS) reported Q1 2021 results, revealing a revenue decline to $60.9 million from $66.1 million year-over-year, primarily due to reduced nuclear work at Vogtle. The company recorded a net loss of $1.7 million or $(0.07) per share, worsening from a $1.0 million loss in Q1 2020. Adjusted EBITDA fell to $0.6 million from $1.6 million. However, backlog increased to $460.6 million, with expectations of $182.4 million in revenue conversion in the next year. The company reaffirmed its 2021 revenue guidance of $310-$320 million.
Williams Industrial Services Group (NYSE American: WLMS) announced its participation in the Sidoti Microcap Virtual Conference on May 20, 2021. The Company's management will deliver a presentation at 10:00 a.m. Eastern, followed by one-on-one calls with institutional investors throughout the day. Interested parties can contact Sidoti or the Company’s investor relations team for inquiries and scheduling.
With over 50 years of experience, Williams provides a wide range of construction and maintenance services to the energy and industrial sectors, focusing on safety, innovation, and customer value.
Williams Industrial Services Group Inc. (OTCQX: WLMS) will announce its financial results for Q1 2021 on May 19, 2021, before the markets open. The company will hold a conference call at 10:00 a.m. ET that day, which will include a Q&A session. Williams Industrial Services has over 50 years of experience in enhancing asset value for plant operators, offering maintenance and support services in the energy and industrial markets. More details on the call and results will be available on their investor relations website.
Williams Industrial Services Group reported a fourth-quarter revenue of $64.1 million, down from $66.8 million a year earlier. The net loss was $1.0 million or $(0.04) per share, compared to a profit of $0.2 million in Q4 2019. For the full year, revenue rose to $269.1 million from $245.8 million. However, the company faced $1.8 million in one-time debt repayment charges. Adjusted EBITDA for 2020 was $14.7 million, and backlog stands at $443.9 million. Looking ahead, 2021 revenue guidance is set at $310 million to $320 million.
Williams Industrial Services Group Inc. (NYSE American: WLMS) announced the election of Robert B. Mills as Chairman of the Board, effective March 5, 2021, following the passing of Charles 'Mac' Macaluso. Mills has been on the Board since 2015 and brings extensive experience from Assured Guaranty and UBS. He expressed commitment to guiding the Company through its strategic plan as business activity is expected to accelerate in 2021 and beyond. Williams has over 50 years of experience providing construction and maintenance services to various industrial sectors.
Williams Industrial Services Group (OTCQX: WLMS) has received approval to uplist to the NYSE American Exchange, effective February 22, 2021. This significant milestone concludes its restructuring process, enhancing visibility and liquidity for investors. CEO Tracy Pagliara emphasized gratitude towards employees and shareholders, highlighting the company's improved operational performance. Williams aims to uphold its core values to achieve future growth potential.
For over 50 years, Williams has provided construction and maintenance services across energy, power, and industrial markets.
Williams Industrial Services Group (OTCQX: WLMS) announced a backlog of approximately $444 million as of December 31, 2020, with $165 million expected to be realized in fiscal 2021. The company provided a 2021 revenue guidance of $310 - $320 million, with a gross margin of 11-13% and EBITDA of $16-18 million. Williams is also in the final stages of regulatory processes for an uplist to the NYSE American by the end of February 2021, and expects to report fourth-quarter results on March 31, 2021.