Willdan Group (WLDN) Misses Q4 EPS by 4c, Revenues Miss

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Willdan Group Reports Fourth Quarter and Fiscal Year 2020 Results

March 11, 2021 4:05 PM EST

ANAHEIM, Calif.--(BUSINESS WIRE)-- Willdan Group, Inc. (Willdan) (Nasdaq: WLDN), a provider of professional technical and consulting services, today reported financial results for its fourth quarter and fiscal year ended January 1, 2021.

Fourth Quarter 2020 Summary

Signed $781 million in California Investor Owned Utility Contracts Consolidated contract revenue of $96.9 million, a decrease of 25.1% Net revenue of $50.8 million, a decrease of 16.8% Net loss of $4.0 million, or $(0.33) per diluted share Adjusted net income of $5.6 million, or $0.46 per diluted share Adjusted EBITDA of $8.6 million, or 16.9% of net... More