Willdan Group Reports Third Quarter 2019 Results

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Willdan Group (WLDN) Misses Q3 EPS by 22c, Revenues Miss; Offers FY19 EPS Guidance Below Consensus

October 30, 2019 5:31 PM EDT

Willdan Group (NASDAQ: WLDN) reported Q3 EPS of $0.65, $0.22 worse than the analyst estimate of $0.87. Revenue for the quarter came in at $50.8 million versus the consensus estimate of $56.26 million.

Third Quarter 2019 Summary

Consolidated contract revenue of $117.5 million, an increase of 64.6%Net revenue of $50.8 million, an increase of 47.1%Net income of $0.4 million, or $0.04 per diluted shareAdjusted diluted earnings per share of $0.65, an increase... More