NEWS & EVENTS
Williams Reports Second Quarter 2020 Financial Results
Williams today reported its financial results for the fiscal second quarter ended June 30, 2020.
Williams Industrial Services Group Updates Second Quarter 2020 Financial Results Conference Call
Williams will release financial results for the second quarter ended June 30, 2020 one day earlier than previously announced – after the close of financial markets on August 12, 2020.
Williams Industrial Services Group Schedules Second Quarter 2020 Financial Results Conference Call
Williams will release financial results for second quarter ended June 30, 2020 after the close of financial markets on August 13, 2020.
Williams Industrial Services Group to Participate in the Jefferies Virtual Industrial Conference
Williams today announced that it will participate in the Jefferies Virtual Industrial Conference on August 5, 2020. A general presentation by management will be held at 9:45 a.m. Eastern, with one-on-one calls scheduled throughout the day.
Williams Confirms Annual Meeting Arrangements
Williams today confirmed that its Annual Meeting of Shareholders will take place, as previously scheduled, at 9:00 am ET on Tuesday, June 9, 2020 at the Company’s headquarters location.
Williams Reports First Quarter 2020 Financial Results
Williams reported its financial results for the fiscal first quarter ended March 31, 2020.
Williams Industrial Services Group Schedules First Quarter 2020 Financial Results Conference Call
Williams will release financial results for first quarter ended March 31, 2020 after the close of financial markets on May 13, 2020.
Williams Reports Fourth Quarter 2019 Financial Results
Williams today reported its financial results for the fiscal fourth quarter and twelve months ended December 31, 2019.
Williams Industrial Services Group Schedules Fourth Quarter 2019 Financial Results Conference Call
Williams will release financial results for the fourth quarter ended December 31, 2019 after the close of financial markets on Wednesday, March 25, 2020.
Williams Industrial Services Group Announces Results of Oversubscribed Rights Offering
Williams announced today the results of its previously-announced, fully backstopped $7.0 million rights offering (the “Rights Offering”) following the expiration of the subscription period on March 2, 2020 at 5:00 p.m. Eastern Time.
Williams Industrial Services Group Announces Key Dates for $7 Million Rights Offering
Williams announced today the record date and expected subscription period for its the previously-announced fully-backstopped Rights Offering to raise proceeds of $7 million. The proceeds from the rights offering will be used for working capital to fund the Company’s strategic growth initiatives and for general corporate purposes.
Williams Industrial Services Group Reaffirms Guidance for 2019; Sets Growth Expectations for 2020
Williams reaffirmed its guidance for 2019. The Company expects 2019 revenue to be approximately $230 million to $240 million compared with revenue of $188.9 million in 2018. Gross margin is expected to be approximately 11% to 13% and selling, general and administrative expenses are anticipated to be in the range of 8% to 9% of revenue. Adjusted EBITDA* for 2019 is expected to be approximately $10 million to $12 million.
Williams Industrial Services Group Awarded Contract to Provide Services for Nuclear Decommissioning Program
Williams announced today that it has been awarded a Master Services Agreement to support Comprehensive Decommissioning International, LLC (“CDI”) in the decommissioning of shut down nuclear plants that have been acquired by subsidiaries of Holtec International.
Williams Industrial Services Group Awarded Project Controls Contract in Canada
Williams today announced that its subsidiary, WISG Canada, Ltd. (“Williams Canada”), was awarded a one-year, C$40 million contract to manage project controls for Bruce Power in Ontario, Canada. The project is included in 2019 total backlog.
Williams Industrial Services Group Increases Revolving Credit Facility to $25 million to Fund Strategic Growth Initiatives
Williams announced it has successfully amended the terms of its revolving credit facility with Midcap Financial (the “Revolver”), increasing borrowing capacity by $10 million to $25 million and extending the maturity of the facility by one year to October 11, 2022.
Williams Industrial Services Group Plans to Complete Refinancing in January 2020
Williams announced today that it is planning to complete the refinancing of its current debt agreements in January 2020.
Third Quarter 2019 Financial Results Conference Call
A replay will be available from 1:00 p.m. Eastern Time through Friday, November 29, 2019. To listen to the audio replay, dial 412-317-6671 and enter conference ID number 13696050.
Williams Industrial Services Group Announces Plan for $7 million Rights Offering to Stockholders with Backstop Commitment
Williams announced today that it has filed a registration statement on Form S-1 with the Securities and Exchange Commission (the “SEC”) for a rights offering (the “Rights Offering”) to existing holders of its common stock.
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