A Closer Look at FY3Q25 (September) ResultsRevenueTotal revenue came in at $95.0 million (up 26% y/y) well above the Street’s $86.3 million estimate including 20% organic growth and 6% inorganic growth with continued electric load growth and strong execution driving revenue.Contract Revenue came in
Three Verticals of Business Intertwined to Capitalize on Fragmented Market. While the company operates in a relatively fragmented market across policy, engineering, and program management, Willdan is the only one of its competitors with expertise that operates in all three market segments putting i
A Closer Look at FY2Q25 (June) ResultsRevenueTotal revenue came in at $95.0 million (up 31% y/y) well above the Street’s $83.5 million estimate due to a strong performance across all business lines with energy making up ~85% of the business.Contract Revenue came in at $173.5 million (up 23% y/y) ab
For the past six decades, Willdan has provided engineering and energy solutions to utilities, government agencies, and the private sector having implemented over 100 utility programs, 25k municipal contracts, and served ~230k small businesses through program administration, strategic planning, tech
ANAHEIM, Calif.--(BUSINESS WIRE)-- Willdan Group, Inc. (NASDAQ: WLDN) announced today that it has been selected for a $17.7 million contract to provide engineering and construction oversight services for Paramount Unified School District (USD). The scope of the project includes 2.2 MW of solar arrays and 44 level 2 electric vehicle charging stations across 11 sites within the District. This project is expected to offset over 1,100 metric tons of CO₂ emissions annually. “This project builds on Willdan’s 50-year working relationship with the City of Paramount and our ongoing work with school di...
ANAHEIM, Calif.--(BUSINESS WIRE)-- Willdan Group, Inc. (“Willdan”) (Nasdaq: WLDN) today announced its financial results for the fourth quarter and fiscal year ended December 27, 2024 and outlook for 2025. Fiscal Year 2024 Highlights* Contract revenue of $565.8 million, up 10.9%. Net revenue** of $296.3 million, up 9.9%. Net income of $22.6 million, up from net income of $10.9 million. Adjusted EBITDA** of $56.8 million, up 24.2%. GAAP Diluted EPS of $1.58, up 97.5%. Adjusted Diluted EPS** of $2.43, up 38.9%. Cash flow from operations of $72.1 million, up 83.8%. Fourth Quarter ...
ANAHEIM, Calif.--(BUSINESS WIRE)-- Willdan Group, Inc. (NASDAQ: WLDN) announced today that it has acquired Alternative Power Generation, Inc. (APG), an electrical engineering and construction management firm, in a stock purchase that closed on March 3. APG adds significant expertise in data center substation design and construction management, microgrids, EV charging stations, and renewable energy projects for the commercial sector. This expertise strengthens Willdan’s position in electrical engineering and enhances its capabilities in the energy transition. In 2024, APG generated approximatel...
ANAHEIM, Calif.--(BUSINESS WIRE)-- Willdan Group, Inc. (NASDAQ: WLDN) announced today that the Los Angeles Department of Water and Power, the nation’s largest municipal utility, has awarded Willdan a $330-million contract to manage and implement the Commercial Direct Install Program. Under this five-year contract, Willdan will provide turnkey energy efficiency, water conservation, and electrification retrofit services to eligible businesses, municipal facilities, and select K-12 schools. The Commercial Direct Install Program contributes toward the City of Los Angeles’s goal to power 100 percen...
ANAHEIM, Calif.--(BUSINESS WIRE)-- Willdan Group, Inc. (“Willdan”) (Nasdaq: WLDN), today announced that it will release fourth quarter 2024 financial results after the close of the stock market on Thursday, March 6, 2025. Following the release, Willdan will host its investor conference call at 5:30 p.m. EST / 2:30 p.m. PST. An online, real-time audio webcast of the quarterly investor conference call will be available on Willdan’s website at: alternatively, listeners may access the call by dialing 877-407-2988 (or 201-389-0923) at least five minutes prior to the 5:30 p.m. EDT / 2:30 p.m. PDT...
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