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.
Willdan Group, Inc. (NASDAQ: WLDN) has announced a $4.3 million contract for upgrades to the Weyerhaeuser King County Aquatic Center through energy savings performance contracts. The upgrades, guided by a competitive investment grade audit, include refinishing pool surfaces and replacing HVAC and heating equipment with a high-efficiency, all-electric system. This initiative aligns with King County's commitment to low-carbon improvements and follows Willdan's prior energy projects at the facility, which has hosted over 50 events annually and generates more than $7.5 million in economic impact for the region.
Willdan Group, Inc. (NASDAQ: WLDN) has secured a $5 million contract from Trinidad School District for energy and infrastructure renovations at Trinidad High School. The project will enhance the school's HVAC, ventilation, and lighting systems, along with replacing the roof and plumbing across three buildings. Willdan had previously developed a master plan for the district and conducted prior upgrades for Trinidad Middle School. This contract reflects Willdan's ongoing commitment to improving educational facilities and energy efficiency.
Willdan Group, Inc. (NASDAQ: WLDN) has been awarded a $3.8 million energy savings performance contract for The Evergreen State College. This 16-month project includes upgrading Lab II with new HVAC control valves, integrating digital control platforms, and refurbishing outdated systems. Prioritizing budget adherence, the plan uses savings from gas and electricity bills. This marks Willdan's third collaboration with Evergreen, following successful prior projects that reduced gas consumption by 25%.
Willdan Group, Inc. (NASDAQ: WLDN) has been awarded an $11 million contract by Azusa Unified School District to enhance energy conservation and infrastructure across 12 campuses. The project will focus on upgrading HVAC systems, air filtration, and overall occupant comfort. The district is utilizing the Elementary and Secondary School Emergency Relief Fund to finance these improvements, aiming to boost indoor air quality and ensure safe operations for students and staff.
Willdan Group, Inc. (Nasdaq: WLDN) reported its third quarter financial results for 2022, revealing a consolidated contract revenue of $121.4 million, marking a 23.5% increase year-over-year. Net revenue rose 8.2% to $58.9 million, while net income was $0.1 million or $0.01 per diluted share. Adjusted net income stood at $5.6 million, with an adjusted EBITDA of $8.0 million. For the nine months, consolidated contract revenue reached $315.9 million but reported a net loss of $8.0 million.
Willdan Group, Inc. (NASDAQ: WLDN) has secured a $57 million contract for a three-year small business energy efficiency program across several states. The company has been providing these services since the program's launch, focusing on technical support and project implementation related to refrigeration, HVAC, and lighting upgrades.
CEO Tom Brisbin emphasized the program's role in aiding small businesses post-pandemic while contributing to reduced carbon footprints. For more details about Willdan's offerings, visit their website.
Willdan Group, Inc. (Nasdaq: WLDN) is set to release its third quarter 2022 financial results on November 3, 2022, after the market closes. An investor conference call will follow at 5:30 p.m. ET (2:30 p.m. PT). Investors can access a live audio webcast on Willdan's website or via telephonic means. The call will also be available for replay shortly after its conclusion through November 17, 2022.
Willdan Group, Inc. (Nasdaq: WLDN) reported its Q2 2022 financial results, with consolidated contract revenue of $102.6 million and net revenue of $52.9 million. Despite a net loss of $4.3 million or $(0.33) per diluted share, revenue increased by 22% year-over-year. Adjusted net loss stood at $0.8 million, leading to adjusted EBITDA of $1.2 million. For the first half of 2022, net revenue rose 8.2% to $103.0 million, with a net loss of $8.1 million. Financial targets have been updated to reflect a minimum 10% revenue growth forecast.
Willdan Group, Inc. (NASDAQ: WLDN) is set to announce its second quarter 2022 financial results on August 4, 2022, after market close. An investor conference call will follow at 5:30 p.m. ET / 2:30 p.m. PT. Interested parties can access the call via a live webcast on Willdan's website or by dialing in. A replay will also be available shortly after the call ends. Willdan provides a range of professional and consulting services to utilities, government agencies, and private industries, emphasizing sustainability and energy efficiency.
Willdan Group, Inc. (NASDAQ: WLDN) has secured contracts worth $1.7 million from Puget Sound Energy (PSE) to enhance services in Washington. The first contract focuses on energy efficiency for new multifamily and commercial buildings, while the second targets energy improvements in existing telecommunications facilities. These contracts underline Willdan's ongoing partnership with PSE, building on a decade of collaboration. Willdan's CEO emphasized the importance of their recent investments in energy modeling that enabled this expansion.
FAQ
What is the current stock price of Willdan Group (WLDN)?
What is the market cap of Willdan Group (WLDN)?
What services does Willdan Group, Inc. provide?
Which sectors does Willdan primarily serve?
What are the primary business segments of Willdan?
Where does Willdan generate the majority of its revenue?
How long has Willdan Group, Inc. been in business?
What kind of clients does Willdan serve?
Is Willdan involved in any recent projects?
Does Willdan operate internationally?
Where can I find more information about Willdan Group, Inc.?
How does Willdan contribute to energy efficiency?
