WLMS - Williams Industrial Services Group GAAP EPS of -$0.40 revenue of $55.8M

2023-03-31 16:24:44 ET

• Williams Industrial Services Group press release ( NYSE: WLMS ): Q4 GAAP EPS of -$0.40.
• Revenue of $55.8M (-29.5% Y/Y).
• Adjusted EBITDA was -$7.0 million.
• As of December 31, 2022, backlog was $333.2 million compared with $352.7 million as of September 30, 2022.
• About $178.6 million of the current backlog is expected to be converted to revenue over the next twelve months.
• The company continues to work with Greenhill & Company on strategic alternatives to strengthen business and enhance shareholder value.
• The company said it is not providing guidance for fiscal 2023.

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