Willdan Group (WLDN) Tops Q1 EPS by 33c

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Go back to Willdan Group (WLDN) Tops Q1 EPS by 33c

Willdan Group Reports First Quarter Results

May 4, 2023 4:05 PM EDT

ANAHEIM, Calif.--(BUSINESS WIRE)-- Willdan Group, Inc. (Willdan) (Nasdaq: WLDN) today reported financial results for its first quarter ended March 31, 2023.

Last quarter was the strongest first quarter in the Companys history, said Tom Brisbin, Willdans Chairman and Chief Executive Officer. Consolidated contract revenue grew 11.7% and net revenue grew 23.0%. The growth in profit significantly exceeded the growth in revenue, generating robust cash flows from operations. This trend of strong growth started in the fourth quarter 2022. We continue to execute at a high level, we are winning new work, and our pipeline of... More