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

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

Willdan Group Reports 2020 Second Quarter Financial Results

August 6, 2020 4:48 PM EDT

ANAHEIM, Calif.--(BUSINESS WIRE)-- Willdan Group, Inc. (Willdan) (Nasdaq: WLDN), a provider of professional technical and consulting services, today reported financial results for its second quarter ended July 3, 2020.

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 share Adjusted net income of $2.0 million, or $0.17 per diluted share Adjusted EBITDA of $7.2 million, or 16.7% of net revenue Cash provided by operating activities of $12.8 million

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