earnings
confidence high
sentiment neutral
materiality 0.70
Willdan Q4 contract revenue up 23% YoY; FY22 net loss flat; 2023 EPS guidance above FY22
Willdan Group, Inc.
- Q4 contract revenue $113.3M (+23% YoY); net loss $(0.4)M (improved from $(0.9)M); GAAP EPS $(0.03) (improved 57% from $(0.07)).
- FY22 contract revenue $429.1M (+21% YoY); net loss $(8.4)M (flat); Adjusted Diluted EPS $0.88 (down 43% from $1.55).
- FY23 outlook: net revenue growth 7-9%; Adjusted Diluted EPS $1.24-$1.32; Adjusted EBITDA $35-39M.
- Q4 Adjusted EBITDA $11.8M (+25% YoY); Adjusted Diluted EPS $0.36 (down 23% from $0.47).