---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-017427"
form_type: "8-K"
ticker: "WLDN"
cik: "0001370450"
company_name: "Willdan Group, Inc."
filed_at: "2023-11-02T23:59:59+00:00"
generated_at: "2026-06-08T23:41:43.248983+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Willdan Q3 revenue up 9.3% to $132.7M; raises FY2023 guidance

## Summary
- Net income improved to $1.6M from $0.1M; GAAP diluted EPS $0.11 vs $0.01.
- Adjusted EBITDA $10.1M, up 27.0%; adjusted diluted EPS $0.37, down 11.9%.
- Nine-month contract revenue $354.4M (+12.2%); net revenue $188.9M (+16.6%).
- FY2023 targets raised: net revenue growth 10-12%, adjusted EBITDA $40-$42M.
- FY2023 adjusted diluted EPS guidance raised to $1.33-$1.38 per share.

## SEC filing metadata
- accession: 0001558370-23-017427
- form_type: 8-K
- ticker: WLDN
- cik: 0001370450
- company_name: Willdan Group, Inc.
- filed_at: 2023-11-02T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1370450/000155837023017427/0001558370-23-017427-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1370450/000155837023017427/wldn-20231102x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-017427
- JSON: https://secwatch.observer/filing/0001558370-23-017427.json
- Plain text: https://secwatch.observer/filing/0001558370-23-017427.txt

## Key facts
- Earnings Releases
  Willdan Group, Inc. reported third quarter ended September 29, 2023 results: revenue $132.7 million, net income $1.6 million, EPS $0.11. Guidance raised.
  - Period: third quarter ended September 29, 2023
  - Revenue: $132.7 million
  - Net income: $1.6 million
  - EPS: $0.11
  - Guidance: raised
  - Result: reported results
  source text: positive momentum in the fourth quarter, we are raising our full-year guidance for all financial targets.” Third Quarter 2023 Highlights* ● Consolidated contract revenue of $132.7 million, up 9.3%. ● Net revenue** of $65.3 million, up 10.8%. ● Net income of $1.6 million, up from $0.1 million. ● Adjusted EBITDA** of $10.1 million, up 27.0%. ● GAAP Diluted EPS of
  evidence_url: https://www.sec.gov/Archives/edgar/data/1370450/000155837023017427/0001558370-23-017427-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
