Willbros Group (WG) Misses Q3 EPS by 10c

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Go back to Willbros Group (WG) Misses Q3 EPS by 10c

Willbros Reports Third Quarter 2016 Results

October 28, 2016 4:36 PM EDT

HOUSTON, Oct. 28, 2016 (GLOBE NEWSWIRE) -- Willbros Group, Inc. (NYSE: WG) today reported a $29.7 million loss from continuing operations, or $(0.49) per share, for the nine months ended September 30, 2016, compared to an $83.8 million loss from continuing operations, or $($1.47) per share, for the nine months ended September 30, 2015.  Adjusted EBITDA from continuing operations was $3.7 million for the nine months ended September 30, 2016 compared to $(15.8) million for the nine months ended September 30, 2015. 

For the third quarter of 2016, we reported a loss from continuing operations of $10.7 million, or $(0.17) per share, on revenue of $174.8 million, compared to... More