Williams Industrial Services Group Inc. provides construction, maintenance, and support services to energy, power, and industrial end markets in the United States and Canada. The company offers maintenance, modification, repair, and other capital project services to extend life cycles of nuclear, paper, chemical, fossil fuel, industrial gas, hydro power, natural gas, municipal water and wastewater, and other facilities. It also provides cleaning, surface preparation, coatings application, quality control, and inspection testing services for nuclear and fossil fuel power plants, industrial facilities, and petrochemical plants; industrial insulation services for power generation installations; and abatement services for the removal of asbestos and heavy metal based coatings, such as lead paint. In addition, the company offers oil and gas construction and maintenance services; services to convert analog control systems to digital control systems to enhance reliability and accuracy, and increase output of operating plants; and nuclear decommissioning services. Further, it installs, maintains, and modifies water and wastewater systems, including piping, pumping, storage tanks, and other related facilities; and replaces, repairs, and upgrades industrial facility roofing systems at pulp and paper manufacturing facilities and nuclear power plants. Williams Industrial Services Group Inc. markets its services through sales and marketing personnel, as well as its on-site operations personnel. The company was formerly known as Global Power Equipment Group Inc. and changed its name to Williams Industrial Services Group Inc. in June 2018. Williams Industrial Services Group Inc. was incorporated in 1998 and is headquartered in Tucker, Georgia.
IPO Year: 2021
Exchange: AMEX
Website: wisgrp.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/1/2022 | Buy → Neutral | Colliers Securities |
Colliers Securities downgraded Williams Industrial from Buy to Neutral
SC 13G/A - Williams Industrial Services Group Inc. (0001136294) (Subject)
SC 13G/A - Williams Industrial Services Group Inc. (0001136294) (Subject)
SC 13G/A - Williams Industrial Services Group Inc. (0001136294) (Subject)
SC 13G/A - Williams Industrial Services Group Inc. (0001136294) (Subject)
SC 13G/A - Williams Industrial Services Group Inc. (0001136294) (Subject)
SC 13G/A - Williams Industrial Services Group Inc. (0001136294) (Subject)
SC 13G/A - Williams Industrial Services Group Inc. (0001136294) (Subject)
SC 13G/A - Williams Industrial Services Group Inc. (0001136294) (Subject)
Receives Commitment from Existing Secured Lenders for up to $19.5 Million in Debtor-in-Possession Financing Williams Industrial Services Group Inc. (NYSE:WLMS) (the "Company"), a leading provider of infrastructure related services to blue-chip customers in energy and industrial end markets, including a broad range of construction maintenance, modification, and support services, announced today that it and certain of its subsidiaries have filed voluntary Chapter 11 proceedings in the U.S. Bankruptcy Court for the District of Delaware (the "Bankruptcy Court") and agreed to sell substantially all of the Company and its subsidiaries assets to EnergySolutions for $60 million. The Transaction
Williams Industrial Services Group Inc. (NYSE:WLMS) ("Williams" or the "Company"), an energy and industrial infrastructure services company, today reported financial results for the fiscal first quarter ended March 31, 2023. Recent Highlights Williams posted revenue of $103.5 million in the first quarter of 2023 compared with $69.6 million in the corresponding period of 2022, largely resulting from increased nuclear business due to a customer outage which is scheduled to conclude in the second quarter. Williams reported a net loss from continuing operations of $0.1 million, or $(0.01) per diluted share, in the first quarter of 2023 compared with $2.0 million, or $(0.08) per diluted
Williams Industrial Services Group Inc. (NYSE:WLMS), an infrastructure and maintenance services company, will release its financial results for the first quarter ended March 31, 2023 after the financial markets close on May 17, 2023. Management will then host a conference call and webcast on May 18 to discuss these results; a question-and-answer session will follow. First Quarter 2023 Conference Call May 18, 2023 10:00 a.m. Eastern Time Phone: 201-493-6780 Internet webcast link and accompanying slide presentation: http://ir.wisgrp.com/ An audio replay of the earnings call will be available later that day by dialing 412-317-6671 and entering conference ID 13738722. Alternatively, the w
Company Continues Process of Evaluating Strategic Alternatives to Enhance Shareholder Value Williams Industrial Services Group Inc. (NYSE:WLMS) ("Williams" or the "Company"), an energy and industrial infrastructure services company, today reported financial results for the fiscal fourth quarter ended December 31, 2022. Recent Highlights Williams posted revenue of $55.8 million in the fourth quarter of 2022 compared with $79.2 million in the prior-year period Williams reported a net loss from continuing operations of $10.4 million, or $(0.40) per diluted share, in the fourth quarter of 2022 compared with net income from continuing operations of $0.8 million, or $0.03 per diluted share,
Williams Industrial Services Group Inc. (NYSE:WLMS), an infrastructure and maintenance services company, will release its financial results for the fourth quarter ended December 31, 2022 after the financial markets close on March 31, 2023. Management will then host a conference call and webcast on Monday, April 3 to discuss these results; a question-and-answer session will follow. Fourth Quarter 2022 Conference Call April 3, 2023 10:00 a.m. Eastern Time Phone: (412) 902-6510 Internet webcast link and accompanying slide presentation: http://ir.wisgrp.com/ An audio replay of the earnings call will be available later that day by dialing 412-317-0088 and entering conference ID 3693114. Alter
Williams Industrial Services Group Inc. (NYSE:WLMS) ("Williams" or the "Company"), an infrastructure services company, today announced that, on February 24, 2023, it entered into a fourth amendment to its existing senior secured term loan and revolving credit facilities to provide more liquidity to fund the Company's operations; additional details about the amendments and a liquidity update are provided in a Form 8-K filed with the Securities and Exchange Commission. Williams continues to work with Greenhill & Company on strategic alternatives designed to strengthen the business and enhance shareholder value. "While our engagement with Greenhill is well underway, we found it necessary to o
Company Engages Greenhill to Explore Strategic Alternatives Williams Industrial Services Group Inc. (NYSE:WLMS) ("Williams" or the "Company"), an infrastructure and maintenance services company, today released certain preliminary financial results for its full year ended December 31, 2022. The following performance metrics have not yet been audited: Revenue of between $235 and $240 million Gross margin of approximately 2.75 to 3.00 percent, including approximately $11.6 million of losses relating to the Company's Florida water business and $5.7 million of net start-up expenses associated with the Company's entry into the transmission and distribution ("T&D") market Negative adjusted
Guidance Adjusted for 2022; Backlog Grows Over $100 Million; Litigation Complete Williams Industrial Services Group Inc. (NYSE:WLMS) ("Williams" or the "Company"), an energy and industrial infrastructure services company, today reported financial results for the fiscal third quarter ended September 30, 2022. Recent Highlights Williams posted revenue of $56.7 million in the third quarter of 2022 compared with $73.4 million in the prior-year period In the third quarter of 2022 Williams reached two legal settlements that, in aggregate, resulted in net cash receipts of $10.8 million, recorded as "other income" in the Company's statement of operations and used a portion of the cash to pay
Williams Industrial Services Group Inc. (NYSE:WLMS), an infrastructure and maintenance services company, will release its financial results for the third quarter ended September 30, 2022 after the markets close on November 14, 2022. Management will then host a conference call and webcast on Tuesday, November 15th to discuss these results, followed by a question-and-answer session. Third Quarter 2022 Conference Call November 15, 2022 10:00 a.m. Eastern Time Phone: (201) 493-6780 Internet webcast link and accompanying slide presentation: http://ir.wisgrp.com/ An audio replay of the earnings call will be available later that day by dialing 412-317-6671 and entering conference ID 13734113. A
Williams Industrial Services Group Inc. (NYSE:WLMS), an infrastructure and maintenance services company, will release its financial results for the third quarter ended September 30, 2022 after the financial markets close on November 10, 2022. Then, due to the Veterans Day holiday, management will host a conference call and webcast on Monday, November 14th to discuss these results; a question-and-answer session will follow. Third Quarter 2022 Conference Call November 14, 2022 10:00 a.m. Eastern Time Phone: (201) 493-6780 Internet webcast link and accompanying slide presentation: http://ir.wisgrp.com/ An audio replay of the earnings call will be available later that day by dialing 412-317-
Williams Industrial Services Group Inc. (NYSE:WLMS) ("Williams" or the "Company"), an energy and industrial infrastructure services company, today reported financial results for the fiscal first quarter ended March 31, 2023. Recent Highlights Williams posted revenue of $103.5 million in the first quarter of 2023 compared with $69.6 million in the corresponding period of 2022, largely resulting from increased nuclear business due to a customer outage which is scheduled to conclude in the second quarter. Williams reported a net loss from continuing operations of $0.1 million, or $(0.01) per diluted share, in the first quarter of 2023 compared with $2.0 million, or $(0.08) per diluted
Williams Industrial Services Group Inc. (NYSE:WLMS), an infrastructure and maintenance services company, will release its financial results for the first quarter ended March 31, 2023 after the financial markets close on May 17, 2023. Management will then host a conference call and webcast on May 18 to discuss these results; a question-and-answer session will follow. First Quarter 2023 Conference Call May 18, 2023 10:00 a.m. Eastern Time Phone: 201-493-6780 Internet webcast link and accompanying slide presentation: http://ir.wisgrp.com/ An audio replay of the earnings call will be available later that day by dialing 412-317-6671 and entering conference ID 13738722. Alternatively, the w
Company Continues Process of Evaluating Strategic Alternatives to Enhance Shareholder Value Williams Industrial Services Group Inc. (NYSE:WLMS) ("Williams" or the "Company"), an energy and industrial infrastructure services company, today reported financial results for the fiscal fourth quarter ended December 31, 2022. Recent Highlights Williams posted revenue of $55.8 million in the fourth quarter of 2022 compared with $79.2 million in the prior-year period Williams reported a net loss from continuing operations of $10.4 million, or $(0.40) per diluted share, in the fourth quarter of 2022 compared with net income from continuing operations of $0.8 million, or $0.03 per diluted share,
Williams Industrial Services Group Inc. (NYSE:WLMS), an infrastructure and maintenance services company, will release its financial results for the fourth quarter ended December 31, 2022 after the financial markets close on March 31, 2023. Management will then host a conference call and webcast on Monday, April 3 to discuss these results; a question-and-answer session will follow. Fourth Quarter 2022 Conference Call April 3, 2023 10:00 a.m. Eastern Time Phone: (412) 902-6510 Internet webcast link and accompanying slide presentation: http://ir.wisgrp.com/ An audio replay of the earnings call will be available later that day by dialing 412-317-0088 and entering conference ID 3693114. Alter
Guidance Adjusted for 2022; Backlog Grows Over $100 Million; Litigation Complete Williams Industrial Services Group Inc. (NYSE:WLMS) ("Williams" or the "Company"), an energy and industrial infrastructure services company, today reported financial results for the fiscal third quarter ended September 30, 2022. Recent Highlights Williams posted revenue of $56.7 million in the third quarter of 2022 compared with $73.4 million in the prior-year period In the third quarter of 2022 Williams reached two legal settlements that, in aggregate, resulted in net cash receipts of $10.8 million, recorded as "other income" in the Company's statement of operations and used a portion of the cash to pay
Williams Industrial Services Group Inc. (NYSE:WLMS), an infrastructure and maintenance services company, will release its financial results for the third quarter ended September 30, 2022 after the markets close on November 14, 2022. Management will then host a conference call and webcast on Tuesday, November 15th to discuss these results, followed by a question-and-answer session. Third Quarter 2022 Conference Call November 15, 2022 10:00 a.m. Eastern Time Phone: (201) 493-6780 Internet webcast link and accompanying slide presentation: http://ir.wisgrp.com/ An audio replay of the earnings call will be available later that day by dialing 412-317-6671 and entering conference ID 13734113. A
Williams Industrial Services Group Inc. (NYSE:WLMS), an infrastructure and maintenance services company, will release its financial results for the third quarter ended September 30, 2022 after the financial markets close on November 10, 2022. Then, due to the Veterans Day holiday, management will host a conference call and webcast on Monday, November 14th to discuss these results; a question-and-answer session will follow. Third Quarter 2022 Conference Call November 14, 2022 10:00 a.m. Eastern Time Phone: (201) 493-6780 Internet webcast link and accompanying slide presentation: http://ir.wisgrp.com/ An audio replay of the earnings call will be available later that day by dialing 412-317-
Performance Reflects Delayed Awards, Non-recurring Margin Pressure Williams Industrial Services Group Inc. (NYSE:WLMS) ("Williams" or the "Company"), an energy and industrial infrastructure services company, today reported its financial results for the fiscal second quarter ended June 30, 2022. Recent Highlights Williams posted revenue of $56.1 million in the second quarter of 2022 compared with $91.6 million in the prior-year period The Company reported a net loss from continuing operations of $5.3 million, or $(0.20) per diluted share, in the second quarter of 2022 compared with net income from continuing operations of $2.6 million, or $0.10 per diluted share, in the second quarter
Williams Industrial Services Group Inc. (NYSE:WLMS), an infrastructure and maintenance services company, will release its financial results for the second quarter ended June 30, 2022 after the financial markets close on August 11, 2022. Management will host a conference call and webcast the next morning to discuss these results; a question-and-answer session will follow. Second Quarter 2022 Conference Call August 12, 2022 10:00 a.m. Eastern Time Phone: (201) 493-6780 Internet webcast link and accompanying slide presentation: http://ir.wisgrp.com/ An audio replay of the earnings call will be available later that day by dialing 412-317-6671 and entering conference I
Guidance Unchanged as Market Dynamics Point to Improving Award Environment Williams Industrial Services Group Inc. (NYSE:WLMS) ("Williams" or the "Company"), an energy and industrial infrastructure services company, today reported its financial results for the fiscal first quarter ended March 31, 2022. Recent Highlights Williams posted revenue of $69.6 million in the first quarter of 2022 compared with $60.9 million in the prior-year period The Company reported a net loss from continuing operations of $2.0 million, or $(0.08) per diluted share, in the first quarter of 2022 compared with a net loss from continuing operations of $1.6 million, or $(0.06) per diluted share, in the first q
4 - Williams Industrial Services Group Inc. (0001136294) (Issuer)
4 - Williams Industrial Services Group Inc. (0001136294) (Issuer)
4 - Williams Industrial Services Group Inc. (0001136294) (Issuer)
4 - Williams Industrial Services Group Inc. (0001136294) (Issuer)
4 - Williams Industrial Services Group Inc. (0001136294) (Issuer)
4 - Williams Industrial Services Group Inc. (0001136294) (Issuer)
4 - Williams Industrial Services Group Inc. (0001136294) (Issuer)
4 - Williams Industrial Services Group Inc. (0001136294) (Issuer)
4 - Williams Industrial Services Group Inc. (0001136294) (Issuer)
4 - Williams Industrial Services Group Inc. (0001136294) (Issuer)
8-K - NOS4-1, Inc. (0001136294) (Filer)
8-K - Williams Industrial Services Group Inc. (0001136294) (Filer)
8-K - Williams Industrial Services Group Inc. (0001136294) (Filer)
10-Q - Williams Industrial Services Group Inc. (0001136294) (Filer)
8-K - Williams Industrial Services Group Inc. (0001136294) (Filer)
8-K - Williams Industrial Services Group Inc. (0001136294) (Filer)
8-K - Williams Industrial Services Group Inc. (0001136294) (Filer)
10-Q - Williams Industrial Services Group Inc. (0001136294) (Filer)
8-K - Williams Industrial Services Group Inc. (0001136294) (Filer)
10-K/A - Williams Industrial Services Group Inc. (0001136294) (Filer)