Willdan Group Stock Price, News & Analysis

Willdan (NASDAQ: WLDN) was selected by National Grid to deliver energy efficiency services to small businesses across Massachusetts under a two-year agreement. Willdan will implement a small business direct install program for urban and suburban counties in Eastern Massachusetts, marking the company's entry into National Grid’s Massachusetts market and expanding its Northeast footprint. Management noted the contract builds on Willdan’s roughly 15 years of work with National Grid in New York and emphasized measurable energy savings, improved safety and lower monthly energy costs for local businesses.

Willdan Group (NASDAQ: WLDN) has secured a $15 million contract with the Southern California Regional Energy Network (SoCalREN) to provide energy efficiency services for their commercial portfolio. The two-year contract encompasses three key programs: the Small Commercial Direct Install Program, Food Desert Energy Efficiency Equity Program, and Small Medium Business Energy Advisor Program.

Willdan will collaborate with three non-profit organizations - San Joaquin Valley Clean Energy Organization, Kambo Energy Group, and the Rural Prosperity Center - to enhance access to clean energy projects in hard-to-reach California communities. The initiative aims to address energy efficiency barriers for small to medium commercial customers while promoting sustainability across the region.

Willdan Group (NASDAQ: WLDN) reported exceptional Q2 2025 financial results, showcasing significant growth across all key metrics. Contract revenue surged 23.0% to $173.5 million, while net revenue increased 31.1% to $95.0 million. The company achieved remarkable bottom-line growth with net income soaring 236.0% to $15.4 million and Adjusted EBITDA rising 70.7% to $21.9 million.

Following strong H1 2025 performance and positive market outlook driven by data center electricity demands and electrification trends, Willdan raised its FY2025 guidance. The company now projects net revenue of $340-350 million, Adjusted EBITDA of $70-73 million, and Adjusted Diluted EPS of $3.50-3.65.

Willdan Group (Nasdaq: WLDN) has scheduled its second quarter 2025 earnings release and conference call. The company will release its Q2 2025 financial results after market close on Thursday, August 7, 2025.

The investor conference call will be held at 5:30 p.m. EDT / 2:30 p.m. PDT on the same day. Investors can access the call through a live audio webcast on Willdan's website or by dialing 877-407-2988 (or 201-389-0923). A replay will be available on the company's investor relations website shortly after the call.

Willdan Group (NASDAQ: WLDN) has secured a $9.8 million contract to provide technical services for the California Public Utilities Commission's (CPUC) Integrated Resource Plan. The contract, spanning four years with a potential two-year extension, will be led by Willdan's subsidiary Energy + Environmental Economics (E3).

The scope includes energy modeling, technical analysis, and strategic advisory services to support California's climate and clean energy planning initiatives. E3 has been providing technical support for CPUC's Integrated Resource Plan since 2016, demonstrating a continued partnership in advancing the state's clean energy objectives.

Willdan Group (NASDAQ: WLDN) reported strong Q1 2025 financial results, significantly exceeding analyst expectations. The company achieved contract revenue of $152.4 million (up 24.4%) and net revenue of $85.3 million (up 23.8%). Net income increased 59.3% to $4.7 million, while Adjusted EBITDA grew 30.9% to $14.4 million.

The company demonstrated robust performance with GAAP Diluted EPS of $0.32 (up 52.4%) and Adjusted Diluted EPS of $0.63 (up 57.5%). Due to strong performance, Willdan raised its FY2025 guidance, now expecting net revenue between $325-335 million, Adjusted EBITDA of $65-68 million, and Adjusted Diluted EPS of $2.75-2.90.

Willdan Group (NASDAQ: WLDN) has successfully amended its credit facilities, expanding its borrowing capacity from $150 million to $200 million. The restructured agreement includes a $100 million revolver, a $50 million term loan, and a $50 million delayed-draw term loan. Key improvements include extending the maturity date to May 2030, reducing the interest rate spread over SOFR, and maintaining a $75 million accordion feature. The five-member loan syndicate is led by BMO as administrative agent, with Bank of America and JP Morgan as joint lead arrangers.

Willdan Group (NASDAQ: WLDN) has published its 2024 Corporate Sustainability Report, highlighting the company's ESG progress and setting new objectives for sustainable impact. The report features a double materiality assessment aligned with global standards to prioritize value creation initiatives. CEO Mike Bieber emphasized that most of Willdan's client work contributes to sustainability improvements. The company has achieved ISO 14001 certification for its corporate office and plans to expand this environmental management standard to additional locations.

Willdan Group (Nasdaq: WLDN) has scheduled its first quarter 2025 earnings release and conference call. The company will disclose Q1 2025 financial results after market close on Thursday, May 8, 2025, followed by an investor conference call at 5:30 p.m. EST / 2:30 p.m. PST.

Investors can access the live audio webcast through Willdan's website or join via phone by dialing 877-407-2988 (or 201-389-0923) at least five minutes before the start time. A replay of the webcast will be available on the company's investor relations website shortly after the call.