Willdan Group

Willdan Group, Inc. engages in the provision of technical and consulting services. It operates through the Energy and the Engineering and Consulting segments. The Energy segment offers energy and sustainability consulting services to utilities, public agencies and private industry. The Engineering and Consulting segment provides civil engineering-related construction management, building and safety, city engineering office management, city planning, civil design, geotechnical, material testing and other engineering consulting services. The company was founded in May 1964 and is headquartered in Anaheim, CA.

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Willdan Group excels in Q4, poised for growth in clean energy sector

Willdan Group's strong Q4 2022 performance and optimistic outlook for 2023 underscore its resilience and strategic positioning in the clean energy sector.
The company's focus on maximizing federal incentives, serving key markets, and managing debt leverage reflects a proactive approach to sustainable growth.
While challenges like debt reduction and business risks persist, Willdan's emphasis on growth opportunities and operational efficiency bodes well for future success.

Willdan Group excels in Q1 2023, poised for growth ahead

Willdan Group's Q1 2023 Earnings Call showcased exceptional performance, strong financial results, and optimistic outlook for the year ahead. The company's focus on energy, decarbonization, and software contracts positions them well for growth opportunities. While facing challenges in economic conditions and labor availability, Willdan remains prepared and confident in their ability to navigate obstacles.

Willdan Group achieves record Q2 earnings, raises 2023 guidance

Willdan Group's Q2 2023 performance reflects robust growth, operational efficiency, and a strategic focus on expansion. With raised financial guidance for 2023 and expectations of strong growth over the next three years, the company is poised for sustained success. Challenges in maintaining this growth trajectory exist, but Willdan's strengths and opportunities position it well in the market.

Willdan Group excels in Q3 with record earnings and growth outlook

Willdan Group's Q3 2023 earnings call highlighted robust financial performance, driven by record EBITDA and revenue growth. The company's strategic focus on energy efficiency services is yielding positive results, with opportunities for growth in key segments. Willdan's raised guidance and refinanced credit facilities position it well for continued success and strategic acquisitions.

Willdan Group excels in Q4 2023, eyes growth opportunities

Willdan Group's Q4 2023 performance exceeded expectations, driven by strong revenue growth and improved profitability.
The company's focus on clean energy projects and strategic contracts underscore its market position and growth prospects.
While facing challenges in maintaining growth momentum, Willdan is well-positioned to leverage opportunities for expansion and operational excellence.

Willdan Group surpasses Q1 expectations, eyes strategic acquisitions for growth

Willdan Group's Q1 2024 performance exceeded expectations, demonstrating strong revenue growth, improved profitability, and enhanced cash flow generation. With a focus on clean energy and data center services, the company is well-positioned for future growth and strategic acquisitions, reaffirming its full-year financial targets for 2024.

Willdan Group reports record Q2 results, eyes growth opportunities

Willdan Group's strong second-quarter performance, with significant revenue and earnings growth, reflects its solid position in the clean energy transition market.
The company's focus on key sectors and notable project wins underscore its diversified client base and growth potential.
While facing integration and operational challenges, Willdan's pursuit of acquisitions and focus on efficiency position it for future growth.
Optimism about future growth opportunities and raised financial targets highlight Willdan's confidence in sustained performance and expansion.

Willdan Group excels in Q3, poised for growth in clean energy

Willdan Group's Q3 performance reflects robust financial health and strategic positioning for future growth.
With a focus on clean energy and sustainability, the company leverages its expertise to drive innovation and secure key contracts.
Despite potential challenges, Willdan's strong financial results, diverse revenue streams, and market opportunities bode well for continued success.

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ANAHEIM, Calif.--(BUSINESS WIRE)---- $WLDN--Willdan Group, Inc. (NASDAQ: WLDN) announced today that the Sacramento Municipal Utility District (SMUD) has competitively selected Integral Analytics' LoadSEER software to support distribution grid planning and forecasting. The five-year contract includes software licensing, maintenance, and support for all levels of implementation. The contract was signed in March and discussed during Willdan's Q1 FY2023 Earnings Conference Call. Integral Analytics is Willdan.

Willdan's LoadSEER Software Selected by SMUD for Electric Grid Planning and Forecasting

Willdan Group, Inc. (NASDAQ:WLDN ) Q1 2023 Earnings Conference Call May 4, 2023 5:30 PM ET Company Participants Al Kaschalk - VP of IR Thomas Brisbin - Chairman and CEO Creighton Early - CFO and VP Michael Bieber - President Conference Call Participants Chip Moore - EF Hutton Marc Riddick - Sidoti Operator Good day, ladies and gentlemen, and welcome to the Willdan Group First Quarter 2023 Financial Results Conference Call. [Operator Instructions] At this time, it is my pleasure to turn the floor over to your host, Al Kaschalk.

Willdan Group, Inc. (WLDN) Q1 2023 Earnings Call Transcript

Willdan Group (WLDN) came out with quarterly earnings of $0.32 per share, beating the Zacks Consensus Estimate of a loss of $0.01 per share. This compares to earnings of $0.07 per share a year ago.

Willdan Group (WLDN) Q1 Earnings Beat Estimates

ANAHEIM, Calif.--(BUSINESS WIRE)---- $WLDN--Willdan Group, Inc. (NASDAQ: WLDN) announced today that the company has published a sustainability report of initiatives and results for 2022. Our commitment to achieving carbon neutrality by our next reporting period is at the forefront of our sustainability efforts.

Willdan Commits to Carbon Neutrality with the Release of Latest Sustainability Report

ANAHEIM, Calif.--(BUSINESS WIRE)---- $WLDN--Willdan Group, Inc. (“Willdan”) (Nasdaq: WLDN), today announced that it will release first quarter 2023 financial results after the close of the stock market on Thursday, May 4, 2023. Following the release, Willdan will host its investor conference call at 5:30 p.m. ET/2:30 p.m. PT. An online, real-time audio webcast of the quarterly investor conference call will be available on Willdan's website at ir.willdangroup.com by selecting “Events & Presentations”.

Willdan Announces First Quarter 2023 Earnings Release Date and Conference Call Information

ANAHEIM, Calif.--(BUSINESS WIRE)---- $WLDN--Willdan Group, Inc. (NASDAQ: WLDN) announced today that it has been awarded a contract to develop the ‘Electric Vehicle Readiness Plan' for Merced County Association of Governments (MCAG). This plan will serve as a roadmap for the implementation of electric vehicle charging infrastructure for MCAG and their member agencies including Atwater, Livingston, Gustine, and Los Banos.

Willdan Awarded Electric Vehicle Readiness Plan Development Contract for Merced County Association of Governments

ANAHEIM, Calif.--(BUSINESS WIRE)---- $WLDN--Willdan Group, Inc. (NASDAQ: WLDN) announced today that one of the nation's largest energy delivery companies and their operating companies have licensed Integral Analytics' LoadSEER software to evaluate integrated grid planning alternatives. Integral Analytics is Willdan's wholly owned software subsidiary.

Willdan Selected by One of the Largest Utilities in the U.S. to Provide Planning Software and Services

Willdan (WLDN) delivered earnings and revenue surprises of -14.29% and 8.11%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Willdan Group (WLDN) Q4 Earnings and Revenues Lag Estimates

Willdan Group, Inc. (NASDAQ:WLDN ) Q4 2022 Earnings Conference Call March 9, 2023 5:30 PM ET Company Participants Al Kaschalk - VP of IR Thomas Brisbin - Chairman & CEO Creighton Early - CFO & VP Michael Bieber - President Conference Call Participants Chip Moore - EF Hutton Marc Riddick - Sidoti & Company Operator Greetings, and welcome to the Willdan Group Fourth Quarter and Full Year 2022 Financial Results Conference Call. [Operator Instructions].

Willdan Group, Inc. (WLDN) Q4 2022 Earnings Call Transcript

ANAHEIM, Calif.--(BUSINESS WIRE)---- $WLDN--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, Willdan's Chairman and Chief Executive Officer.

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

Thinly traded shares of consulting firm Willdan Group, Inc. plunged 61% in a two-month (August to October 2022) period on no significant news. The company had downwardly revised its FY22 top-line outlook two weeks prior to the meltdown, but a lack of news seems to have stirred investor concern.

Willdan Group's Wild Ride

ANAHEIM, Calif.--( BUSINESS WIRE )--Willdan Group, Inc. (“Willdan”) (Nasdaq: WLDN), today announced that it will release fourth quarter 2022 financial results after the close of the stock market on Thursday, March 9, 2023. Following the release, Willdan will host its investor conference call at 5:30 p.m. ET/2:30 p.m. PT.

Willdan Announces Date for Fourth Quarter and Fiscal Year 2022 Earnings Release and Investor Conference Call

ANAHEIM, Calif.--( BUSINESS WIRE )--Willdan Group, Inc. (NASDAQ: WLDN) announced today that it has created a plan for the National Parks of Lake Superior Foundation (NPLSF) to decarbonize land-based operations across five national parks in the Lake Superior region. The NPLSF announced this plan on Saturday, January 28 at the Great Northern Festival in Minneapolis with an address by U.S. Senator Tina Smith of Minnesota and by National Park Superintendent Denice Swanke from Isle Royale National Park.

Willdan Creates Decarbonization Plan for 5 National Parks in Lake Superior Region

ANAHEIM, Calif.--( BUSINESS WIRE )--Willdan Group, Inc. (NASDAQ: WLDN) announced today that it will provide upgrades to the Weyerhaeuser King County Aquatic Center through energy savings performance contracts with a combined value of $4.3 million. The Aquatic Center is one of the preeminent competitive swimming facilities in the United States and generates substantial economic activity for the county and local communities. The contracted projects were guided by an investment grade audit that Willdan won through a competitive selection process. The work is contracted through the State Department of Enterprise Services Energy Program.

Willdan to Update King County's Aquatic Center with $4.3 Million Energy Savings Performance Contract

ANAHEIM, Calif.--( BUSINESS WIRE )--Willdan Group, Inc. (NASDAQ: WLDN) announced today that it has been awarded a $5 million contract by Trinidad School District to provide energy and infrastructure renovations for Trinidad High School. This contract includes energy efficiency upgrades to the school's HVAC, ventilation, and lighting systems, as well as a roof replacement and plumbing equipment installation across three campus buildings. Willdan previously developed the master plan for the District and completed infrastructure upgrades for Trinidad Middle School.

Willdan Awarded $5 Million Contract with Trinidad School District in Colorado

ANAHEIM, Calif.--( BUSINESS WIRE )--Willdan Group, Inc. (NASDAQ: WLDN) announced today that it has been selected to deliver a $3.8 million energy savings performance contract for The Evergreen State College. As part of this 16-month contract to upgrade Lab II, Willdan will design, provide, and install new laboratory-grade HVAC control valves, direct digital control platform integration with advanced energy-saving strategies, and will refurbish 50-year-old HVAC systems. Willdan will also improve fume hood safety and operation, helping avoid classroom disruptions related to indoor air quality. To provide maximum benefit while meeting the college's budget requirements, the improvements prioritize the repair and rebuilding of existing equipment and use electric and gas bill savings to offset some costs.

Willdan Wins $3.8 Million Energy Savings Performance Contract for The Evergreen State College in WA

WLDN has grown its sales this year by almost 25% and has improved its costs in some areas. But unfortunately, growth in direct costs (by more than 40%) has outpaced sales growth and offset all other gains.

Willdan Group, Inc.: Far Too Risky

Willdan (WLDN) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Willdan (WLDN) Upgraded to Buy: Here's What You Should Know

The average of price targets set by Wall Street analysts indicates a potential upside of 45.6% in Willdan (WLDN). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Can Willdan (WLDN) Climb 46% to Reach the Level Wall Street Analysts Expect?

Willdan Group, Inc. (NASDAQ:WLDN ) Q3 2022 Earnings Conference Call November 3, 2022 5:30 PM ET Company Participants Al Kaschalk – Vice President-Investor Relations Tom Brisbin – Chairman and Chief Executive Officer Kim Early – Chief Financial Officer Conference Call Participants Chip Moore – EF Hutton Operator Welcome to the Willdan Group Third Quarter 2022 Conference Call. I'll now turn the call over to Al Kaschalk, Vice President of Investor Relations.

Willdan Group, Inc. (WLDN) Q3 2022 Earnings Call Transcript

Willdan (WLDN) delivered earnings and revenue surprises of 2,000% and 8.85%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Willdan Group (WLDN) Q3 Earnings and Revenues Top Estimates

Willdan Awarded $11 Million Contract with Azusa Unified School District

Willdan Group Reports Third Quarter 2022 Results

Willdan Awarded $57 Million Small Business Energy Efficiency Program

ANAHEIM, Calif.--(BUSINESS WIRE)---- $WLDN--Willdan Group, Inc. (“Willdan”) (Nasdaq: WLDN), today announced that it will release third quarter 2022 financial results after the close of the stock market on Thursday, November 3, 2022. Following the release, Willdan will host its investor conference call at 5:30 p.m. ET/2:30 p.m. PT. A live audio webcast of the investor conference call will be available on Willdan's website at ir.willdangroup.com by selecting “Events & Presentations”. Alternatively, lis

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