Willdan Group (WLDN) Tops Q3 EPS by 18c

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Willdan Group Reports Third Quarter 2024 Results

October 31, 2024 4:08 PM EDT

ANAHEIM, Calif.--(BUSINESS WIRE)-- Willdan Group, Inc. (Willdan) (Nasdaq: WLDN) today reported financial results for its third quarter ended September 27, 2024.

Third Quarter 2024 Highlights*

Contract revenue of $158.3 million, up 19.2%. Net revenue** of $75.7 million, up 15.9%. Net income of $7.3 million, up from net income of $1.6 million. Adjusted EBITDA** of $15.2 million, up 49.7%. GAAP Diluted EPS of $0.51, up from $0.11. Adjusted Diluted EPS** of $0.73, up from $0.37.

Executive Management Comments

We delivered strong third-quarter results exceeding consensus estimates and our own expectations across all... More