secwatch.observer — SEC 8-K summary
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Issuer:     Willdan Group, Inc. (WLDN)
CIK:        0001370450
Form:       8-K
Filed at:   2023-08-03T23:59:59+00:00
Accession:  0001558370-23-013238
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Willdan Q2 revenue up 16% to $119M; raises FY2023 guidance
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- Q2 contract revenue $119.1M (+16% YoY); net revenue $61.9M (+17.1%).
- GAAP net income $0.4M ($0.03 EPS); adjusted diluted EPS $0.26 vs. $(0.06) prior year.
- Adjusted EBITDA $8.2M, up 603% from $1.2M in Q2 2022.
- FY2023 guidance raised: adj. EPS $1.30-$1.35, adj. EBITDA $38-$40M, net revenue growth 9-10%.
- H1 2023 net revenue $123.6M (+20%); net income $1.3M (improved 116% YoY).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1370450/000155837023013238/0001558370-23-013238-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1370450/000155837023013238/wldn-20230803x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-23-013238

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer