Willdan Group (WLDN) Tops Q1 EPS by 14c, Beats on Revenue; Offers Guidance
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Willdan Group Reports First Quarter Results
May 2, 2024 4:08 PM EDTANAHEIM, Calif.--(BUSINESS WIRE)-- Willdan Group, Inc. (Willdan) (Nasdaq: WLDN) today reported financial results for its first quarter ended March 29, 2024.
We had an excellent first quarter, said Mike Bieber, Willdans President and Chief Executive Officer. Revenue, profitability, earnings, and cash flow were above expectations. We saw strength in both government and utility customers, plus strong software sales. The rapid growth in electricity demand from artificial intelligence and data centers is becoming a new catalyst in our market.
First Quarter 2024 Highlights*
Consolidated contract revenue of $122.5 million, up... More