Willdan Group (WLDN) Tops Q4 EPS by 42c

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Willdan Group Reports Fourth Quarter/Full Year 2023 Results and Provides 2024 Outlook

March 7, 2024 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 29, 2023 and outlook for 2024.

We had an exceptional fourth quarter, said Mike Bieber, Willdans President and Chief Executive Officer. Revenue, profitability and cash flow were above our expectations, aided by end of year program expansions. Strong performance throughout Willdan capped a record year and positions us for an outstanding 2024.

Fourth Quarter 2023 Highlights*

Consolidated contract revenue of $155.7 million, up 37.5%. Net revenue** of $80.8 million, up... More