Loading...
•
Mar 31, 2023
Willdan Group Q1 2023 Earnings Report
Willdan Group had a strong first quarter, with revenue and profit growth leading to robust cash flows from operations.
Key Takeaways
Willdan Group reported a strong first quarter with significant growth in contract revenue, net revenue, net income, and adjusted EBITDA. The company is confident in its 2023 outlook, citing high execution levels, new work acquisition, and a strong pipeline of opportunities.
Consolidated contract revenue increased by 11.7%.
Net revenue grew by 23.0%.
Net income improved by 124.7%.
Adjusted EBITDA increased by 320.8%.
Revenue by Segment
Forward Guidance
The company is confident in its 2023 outlook.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...