Willdan Group (WLDN) Misses Q4 EPS by 8c, Revenue Beats, Offers Guidance

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Go back to Willdan Group (WLDN) Misses Q4 EPS by 8c, Revenue Beats, Offers Guidance

Willdan Group Reports Fourth Quarter/Full Year 2022 Results and Provides 2023 Outlook

March 9, 2023 4:10 PM EST

ANAHEIM, Calif.--(BUSINESS WIRE)-- Willdan Group, Inc. (Willdan) (Nasdaq: WLDN) today reported financial results for its fourth quarter and fiscal year ended December 30, 2022 and outlook for 2023.

In the fourth quarter, we achieved organic revenue growth of over 20% over the prior year, said Tom Brisbin, Willdans Chairman and Chief Executive Officer. Our energy efficiency, construction management, and civil engineering businesses, all performed very well in the fourth quarter and we successfully navigated several CA IOU contract changes. This fourth quarter momentum, and our start to the new year, underlies our expectation that 2023... More