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Apr 01, 2022
Willdan Group Q1 2022 Earnings Report
Willdan Group's first quarter results were in line with internal plan.
Key Takeaways
Willdan Group reported a net revenue of $50.2 million and a net loss of $3.8 million, or $(0.30) per diluted share, for the first quarter ended April 1, 2022. Adjusted net income was $0.9 million, or $0.07 per diluted share, and adjusted EBITDA was $2.3 million.
Consolidated contract revenue of $91.8 million
Net revenue of $50.2 million
Net loss of $3.8 million, or $(0.30) per diluted share
Adjusted EBITDA of $2.3 million
Willdan Group
Willdan Group
Willdan Group Revenue by Segment
Revenue by Segment
Energy Revenue
CapyFin.comEngineering and Consulting Revenue
CapyFin.com Forward Guidance
Willdan anticipates net revenue growth of approximately 20%, adjusted EBITDA growth of approximately 50%, and adjusted diluted EPS growth of approximately 20% for the full year 2022.
Positive Outlook
- Net revenue growth of approximately 20%
- Adjusted EBITDA growth of approximately 50%
- Adjusted Diluted EPS growth of approximately 20%
Revenue & Expenses
Visualization of income flow from segment revenue to net income