Willdan Group Reports 2020 Second Quarter Financial Results

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Go back to Willdan Group Reports 2020 Second Quarter Financial Results

Willdan Group (WLDN) Tops Q2 EPS by 28c, Revenues Beat

August 6, 2020 4:58 PM EDT

Willdan Group (NASDAQ: WLDN) reported Q2 EPS of $0.17, $0.28 better than the analyst estimate of ($0.11). Revenue for the quarter came in at $83.5 million versus the consensus estimate of $39.13 million.

Second Quarter 2020 Summary

Consolidated contract revenue of $83.5 million, a decrease of 20.0%Net revenue of $43.2 million, a decrease of 7.7%Net loss of $5.0 million, or $(0.43) per diluted shareAdjusted net income of $2.0 million, or $0.17 per diluted shareAdjusted EBITDA of $7.2 million, or 16.7% of net revenueCash provided by operating activities of $12.8 million

In the second quarter,... More