---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-006549"
form_type: "8-K"
ticker: "WLDN"
cik: "0001370450"
company_name: "Willdan Group, Inc."
filed_at: "2024-05-02T23:59:59+00:00"
generated_at: "2026-06-03T00:12:35.252063+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Willdan Q1 net revenue $68.9M, up 11.7%; GAAP EPS $0.21, adjusted EPS $0.40; reaffirms 2024 targets

## Summary
- Contract revenue $122.5M (+19.4% YoY); net revenue $68.9M (+11.7%).
- Net income $2.9M vs $0.9M last year; GAAP diluted EPS $0.21 vs $0.07.
- Adjusted EBITDA $11.0M, up 11.7%; adjusted diluted EPS $0.40 vs $0.32.
- Reaffirming FY2024 targets: net revenue $270-280M, adj. EPS $1.80-1.87, adj. EBITDA $48-50M.
- CEO cites strength in gov/utility customers, strong software sales, AI/data center demand as catalyst.

## SEC filing metadata
- accession: 0001558370-24-006549
- form_type: 8-K
- ticker: WLDN
- cik: 0001370450
- company_name: Willdan Group, Inc.
- filed_at: 2024-05-02T23:59:59+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/1370450/000155837024006549/0001558370-24-006549-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1370450/000155837024006549/wldn-20240502x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-006549
- JSON: https://secwatch.observer/filing/0001558370-24-006549.json
- Plain text: https://secwatch.observer/filing/0001558370-24-006549.txt

## Key facts
- Earnings Releases
  Willdan Group, Inc. reported first quarter ended March 29, 2024 results: revenue $122.5 million, net income $2.9 million, EPS $0.21. Guidance reaffirmed.
  - Period: first quarter ended March 29, 2024
  - Revenue: $122.5 million
  - Net income: $2.9 million
  - EPS: $0.21
  - Guidance: reaffirmed
  - Result: reported results
  source text: in electricity demand from artificial intelligence and data centers is becoming a new catalyst in our market.” First Quarter 2024 Highlights* ● Consolidated contract revenue of $122.5 million, up 19.4%. ● Net revenue** of $68.9 million, up 11.7%. ● Net income of $2.9 million, up from net income of $0.9 million. ● Adjusted EBITDA** of $11.0 million, up 11.7%. ● GAAP
  evidence_url: https://www.sec.gov/Archives/edgar/data/1370450/000155837024006549/0001558370-24-006549-index.htm

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