Willdan Group (WLDN) Reports In-Line Q1 EPS, Revenues Beat

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Willdan Group Reports First Quarter 2021 Results

May 6, 2021 4:07 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 first quarter ended April 2, 2021.

First Quarter 2021 Summary

Consolidated contract revenue of $79.1 million, a decrease of 25.4% Net revenue of $48.0 million, a decrease of 3.3% Net loss of $3.8 million, or $(0.31) per diluted share Adjusted net income of $2.7 million, or $0.22 per diluted share Adjusted EBITDA of $4.7 million, or 9.7% of net revenue Cash provided by operating activities of... More