Willbros Group (WG) Misses Q1 EPS by 8c

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Willbros Reports First Quarter 2016 Results

May 2, 2016 7:28 PM EDT

HOUSTON, May 2, 2016 /PRNewswire/ -- Willbros Group, Inc. (NYSE: WG) today announced financial and operating results for the first quarter of 2016. The Company reported a net loss of $15.2 million, or $(0.25) per diluted share, in the first quarter of 2016 on revenue of $199.0 million, compared to a net loss of $9.8 million, or $(0.20) per diluted share, in the first quarter of 2015 on revenue of $250.4 million. Net loss before special items was $9.2 million, or $(0.16) per diluted share, in the first quarter of 2016, compared to a net loss before special items in the first quarter of 2015 of $28.6... More