secwatch.observer — SEC 8-K summary
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Issuer:     Willdan Group, Inc. (WLDN)
CIK:        0001370450
Form:       8-K
Filed at:   2024-05-02T23:59:59+00:00
Accession:  0001558370-24-006549
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1370450/000155837024006549/0001558370-24-006549-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1370450/000155837024006549/wldn-20240502x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-006549

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