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. (NASDAQ: WLDN) is a nationwide provider of professional, technical, and consulting services to utilities, government agencies, and private industry. The WLDN news feed highlights company announcements related to electric grid solutions, energy efficiency and sustainability programs, energy policy planning and advisory work, engineering and planning projects, and municipal financial consulting activities.
Investors and observers can use this page to follow Willdan’s contract awards, program launches, and strategic transactions. Recent news has included contracts to design and implement energy and infrastructure upgrades for Alameda County in California, agreements to deliver small business and commercial energy efficiency programs for organizations such as the Southern California Regional Energy Network and National Grid in Massachusetts, and analytical studies by its subsidiary Energy + Environmental Economics (E3) on rate design for large electric load growth.
The news stream also covers corporate developments in municipal financial consulting, such as the acquisition of Compass Municipal Advisors by Willdan Financial Services, as well as quarterly earnings releases filed in conjunction with Form 8-K reports. These earnings announcements discuss contract revenue, Net Revenue, and non-GAAP measures like Adjusted EBITDA and Adjusted Diluted EPS, along with management’s commentary on business performance.
By reviewing the WLDN news page, readers can see how Willdan’s energy, engineering, and public finance work evolves over time across different regions and client types. Bookmark this feed to monitor new contracts, advisory studies, acquisitions, and financial updates that shape Willdan’s role in U.S. energy efficiency, grid-related engineering, and municipal financial consulting.
Willdan Group, Inc. (NASDAQ: WLDN) has partnered with Green Business Certification Inc. (GBCI) to enhance energy modeling accessibility and affordability through Willdan's Net Energy Optimizer® (NEO). This collaboration aims to support global building projects by providing accurate and cost-effective energy modeling solutions. NEO, utilized in over 800 projects in 2019, streamlines energy analysis for various stakeholders, including architects and contractors. This partnership aligns with GBCI's mission to advance energy-efficient building practices, promoting healthier environments and better economic outcomes.
Willdan Group, Inc. (WLDN) reported its financial results for the third quarter ending October 2, 2020. The company posted consolidated contract revenue of $104.5 million, a decline of 11.1% year-over-year, while net revenue remained flat at $51.0 million, marking a slight increase of 0.3%. Net income rose to $2.6 million or $0.21 per diluted share. Adjusted net income was $8.5 million with adjusted EBITDA at $11.0 million. Willdan secured $781 million in new contracts, expected to enhance future revenue growth.
Willdan Group, Inc. (NASDAQ: WLDN) has been awarded a $42 million contract to establish a Small Commercial Energy Efficiency Program for SDG&E customers. This three-year initiative will assist small businesses with peak demand under 20 kilowatts, focusing on energy efficiency and demand response. Unique features include direct installations, financing options, and specialized assistance for disadvantaged communities. Willdan aims to address rising operational costs for small businesses recovering from the pandemic while expanding its role in California's energy efficiency market.
Willdan Group, Inc. (NASDAQ: WLDN) announced the release of its third quarter financial results, scheduled for November 5, 2020, after market close. The company will host an earnings conference call at 5:30 p.m. Eastern/2:30 p.m. Pacific the same day. Interested parties can access the call via toll-free number +1 866-269-4261 or through a webcast on the company's investor relations website. A replay of the call will be available until November 19, 2020.