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Willdan Group Reports Fourth Quarter and Full Year 2024 Results and Provides 2025 Outlook

1. Willdan reported strong FY2024 results with significant revenue and profit growth. 2. Net income rose to $22.6 million, reflecting a 107.3% increase year-over-year.

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FAQ

Why Very Bullish?

The substantial growth in revenue and profit positions WLDN favorably compared to historical performance, likely attracting investor interest similar to past earnings surges.

How important is it?

The reported growth in financial metrics directly reflects WLDN's operational success, indicating a promising outlook that can influence stock price positively.

Why Short Term?

Positive financial results typically prompt immediate investor confidence and stock price reactions in the short term, as seen in previous quarters for WLDN.

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ANAHEIM, Calif.--(BUSINESS WIRE)---- $WLDN--Willdan Group, Inc. (“Willdan”) (Nasdaq: WLDN) today announced its financial results for the fourth quarter and fiscal year ended December 27, 2024 and outlook for 2025. Fiscal Year 2024 Highlights* Contract revenue of $565.8 million, up 10.9%. Net revenue** of $296.3 million, up 9.9%. Net income of $22.6 million, up from net income of $10.9 million. Adjusted EBITDA** of $56.8 million, up 24.2%. GAAP Diluted EPS of $1.58, up 97.5%. Adjusted Diluted EPS** of $2.

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