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Stock impact report

Willdan Group Reports Third Quarter 2024 Results

Willdan Group, Inc. (WLDN) 
Last willdan group, inc. earnings: 3/5 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.willdangroup.com/investor-relations
Company Research Source: Business Wire
ANAHEIM, Calif.--(BUSINESS WIRE)--Willdan Group, Inc. (“Willdan”) (Nasdaq: WLDN) today reported financial results for its third quarter ended September 27, 2024.Third Quarter 2024 Highlights*Contract revenue of $158.3 million, up 19.2%.Net revenue** of $75.7 million, up 15.9%.Net income of $7.3 million, up from net income of $1.6 million.Adjusted EBITDA** of $15.2 million, up 49.7%.GAAP Diluted EPS of $0.51, up from $0.11.Adjusted Diluted EPS** of $0.73, up from $0.37.Executive Management Comments“We delivered strong third-quarter results exceeding consensus estimates and our own expectations across all key metrics,” said Mike Bieber, Willdan’s President and Chief Executive Officer. “Growth in electrification and electric load continue to drive demand for our energy transition services. Our upfront consulting allows us to navigate policies and the funding landscape to best achieve our clients’ goals. Accordingly, we are cross-selling work more effectively than ever before. In late Show less Read more
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