Picture of Willdan logo

WLDN — Willdan News Story

0.000.00%
us flag iconLast trade - 00:00
IndustrialsAdventurousMid CapSuper Stock

Brief: Willdan Q2 Net Income USD 15.436 Million

Overview

Willdan Q2 contract revenue rises 23%

Q2 Net revenue of $95.0 million, up 31.1%, beating analyst expectations, per LSEG data

Adjusted EBITDA for Q2 beats estimates, rising 70.7%

Company raises fiscal 2025 financial targets, reflecting strong outlook

Outlook

Willdan raises FY 2025 net revenue target to $340 mln-$350 mln

Company expects FY 2025 adjusted EBITDA of $70 mln-$73 mln

Willdan projects FY 2025 adjusted diluted EPS of $3.50-$3.65

Result Drivers

CORE PROGRAM EXECUTION - Strong results attributed to consistent execution in core programs, per CEO Mike Bieber

ELECTRIFICATION TRENDS - Increased demand for reliable power and resilient grid infrastructure driven by data centers and electrification trends

Key Details

MetricBeat/MissActualConsensus Estimate
Q2 RevenueBeat$95.00 mln$83.50 mln (2 Analysts)
Q2 Net Income$15.44 mln
Q2 Adjusted EBITDABeat$21.90 mln$16.20 mln (2 Analysts)
Q2 Pretax Profit$10.18 mln
Analyst Coverage The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell" The average consensus recommendation for the business support services peer group is "buy." Wall Street's median 12-month price target for Willdan Group Inc is $94.00, about 6.4% above its August 6 closing price of $88.02 Press Release: ID:nBw297Nc4a (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

Recent news on Willdan

See all news