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Willdan Group, Inc. - WLDN STOCK NEWS

Welcome to our dedicated page for Willdan Group news (Ticker: WLDN), a resource for investors and traders seeking the latest updates and insights on Willdan Group stock.

Willdan Group, Inc. (symbol: WLDN), founded over 50 years ago, is a leading provider of outsourced professional technical and consulting services primarily to public and private agencies, and utilities in California and New York. Willdan serves a diverse range of clients, including cities, public utilities, government agencies, and private industries, offering a broad spectrum of services.

The company's core services encompass civil engineering, building and safety services, geotechnical engineering, energy efficiency, water conservation, renewable resource strategy, financial and economic consulting, and disaster preparedness and homeland security. These services are crucial in helping their clients address infrastructure, sustainability, and security challenges.

Willdan operates through two primary business segments: Energy and Engineering and Consulting. A significant portion of its revenue is generated from the Energy segment, which includes offerings like audit and surveys, program design, master planning, benchmarking analysis, design engineering, construction management, performance contracting, installation, and advancements in software and data analytics.

Recent achievements by Willdan include expanding its service offerings in the energy sector and entering strategic partnerships to enhance its capabilities. The company is also actively involved in current projects focused on improving energy efficiency and sustainability for its clients.

Financially, Willdan continues to show robust performance with a steady revenue stream derived entirely from domestic markets. The company's reputation for delivering high-quality, reliable services has cemented its significance in the industry.

For more details, visit Willdan's official website.

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Willdan Group, Inc. will release its fourth quarter 2023 financial results on March 7, 2024, after the stock market closes. The investor conference call will take place at 5:30 p.m. ET/2:30 p.m. PT. An online webcast and call-in options are available for listeners. The webcast will be accessible on the company's website, and a replay will be available afterward.
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Willdan Group, Inc. (NASDAQ: WLDN) has been awarded an $18 million contract by Puget Sound Energy (PSE) to continue delivering their Small Business Direct Install program, focusing on energy efficiency measures for small business customers, with a particular emphasis on small lodging and agricultural businesses. The program aims to provide no-cost energy services and raise awareness of PSE rebate programs for historically underserved small business owners. Willdan's CEO, Mike Bieber, highlighted the company's 12-year partnership with PSE, serving 12,000 businesses and delivering 112M kWh in energy savings to date.
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Willdan Group, Inc. (NASDAQ: WLDN) announced that Huntsville Utilities will deploy Integral Analytics’ LoadSEER software to enable advanced load forecasting and grid planning for the City of Huntsville, AL. LoadSEER will support Huntsville in preparing their grid for the growing adoption of distributed energy resources (DERs) and electric vehicles. This enterprise software license enables geospatial forecasting and planning through LoadSEER, improving decision-making and transparency in the development of Huntsville Utilities’ capital infrastructure budget.
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Willdan Group, Inc. (NASDAQ: WLDN) has been selected by a national health care provider to help implement strategies to reach their 2050 decarbonization goals for more than 1,000 buildings. The initiative targets reductions in natural gas usage in various systems in hospitals and medical office buildings. Willdan will develop and execute on-site natural gas reduction strategies that meet the national health care provider’s financial screening criteria, making use of available federal, state, and local incentives.
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Willdan Group, Inc. (NASDAQ: WLDN) CEO Tom Brisbin to Retire, President Mike Bieber to Succeed
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Willdan Group, Inc. (NASDAQ: WLDN) has been awarded a $6.45 million energy service performance contract by Yosemite Unified School District. The contract involves the design and installation of a 734-kW solar photovoltaic system, lighting, HVAC system, and thermostat control upgrades, as well as grant application and planning support for the District’s EV fleet and charging infrastructure.
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Willdan Group, Inc. reported strong financial results for Q3 2023, with consolidated contract revenue of $132.7 million, up 9.3%, and net revenue of $65.3 million, up 10.8%. Net income increased to $1.6 million from $0.1 million. Adjusted EBITDA rose by 27.0% to $10.1 million. For the nine months year-to-date, consolidated contract revenue grew by 12.2% to $354.4 million, and net revenue increased by 16.6% to $188.9 million. Net income improved to $2.9 million from a net loss of $(8.0) million. Willdan is raising its full-year guidance for 2023, with increased financial targets including net revenue growth between 10% and 12%, adjusted diluted EPS between $1.33 and $1.38, and adjusted EBITDA between $40 million and $42 million.
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Willdan Group, Inc. to release Q3 2023 financial results
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Willdan Group, Inc. announces completion of credit facility refinancing and new three-year credit agreement
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Willdan Group, Inc. reports strong Q2 results with consolidated contract revenue up 16% and net revenue up 17%. Net income improves by 109.2% and adjusted EBITDA increases by 603.3%. Full-year guidance raised for all financial targets.
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FAQ

What is the current stock price of Willdan Group (WLDN)?

The current stock price of Willdan Group (WLDN) is $42.66 as of November 22, 2024.

What is the market cap of Willdan Group (WLDN)?

The market cap of Willdan Group (WLDN) is approximately 384.9M.

What services does Willdan Group, Inc. provide?

Willdan offers services in civil engineering, building and safety, geotechnical engineering, energy efficiency, water conservation, renewable resource strategy, financial and economic consulting, and disaster preparedness and homeland security.

Which sectors does Willdan primarily serve?

Willdan primarily serves public and private agencies, and utilities located mainly in California and New York.

What are the primary business segments of Willdan?

Willdan operates in two main segments: Energy and Engineering and Consulting.

Where does Willdan generate the majority of its revenue?

The majority of Willdan's revenue comes from the Energy segment.

How long has Willdan Group, Inc. been in business?

Willdan Group, Inc. has been in business for over 50 years.

What kind of clients does Willdan serve?

Willdan serves a variety of clients including cities, public utilities, government agencies, and to a lesser extent, private industries.

Is Willdan involved in any recent projects?

Yes, Willdan is actively involved in projects aimed at improving energy efficiency and sustainability.

Does Willdan operate internationally?

No, all of Willdan's revenue is derived from domestic markets.

Where can I find more information about Willdan Group, Inc.?

More information about Willdan can be found on their official website at http://www.willdan.com.

How does Willdan contribute to energy efficiency?

Willdan provides services such as audits and surveys, program design, master planning, benchmarking analysis, design engineering, and performance contracting to improve energy efficiency.

Willdan Group, Inc.

Nasdaq:WLDN

WLDN Rankings

WLDN Stock Data

384.94M
13.19M
6.61%
80.45%
3.02%
Engineering & Construction
Services-engineering Services
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United States of America
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