earnings
confidence high
sentiment negative
materiality 0.70
Willdan Q2 loss of $4.3M; net revenue $52.9M on $102.6M contract revenue
Willdan Group, Inc.
2022-Q2 EPS reported
-$0.63
revenue$194,483,000
- Net loss of $4.3M ($0.33 diluted loss); adjusted net loss of $0.8M ($0.06 per share).
- Consolidated contract revenue $102.6M; net revenue $52.9M (contract revenue less subcontractor costs).
- Adjusted EBITDA of $1.2M for Q2; first-half 2022 net loss $8.1M.
- Results reflect continued margin pressure; no forward guidance provided.