Highest-materiality recent filing
Willdan Q2 net revenue $117.2M (+23.5%), raises FY2026 targets
Contract revenue $231.0M (+33.2%); net revenue $117.2M (+23.5%) vs Q2 2025.
Willdan stockholders approve 380,000-share increase to equity incentive plan
Stockholders approved amending the 2008 Plan, increasing share reserve by 380,000 to 6,099,167 shares.
Willdan Group Q1 2026 Net Income Up 82%, Adjusted Diluted EPS Up 44.4%
Contract revenue of $155.1 million, up 1.8% (normalized up 9.6%).
Q4 contract revenue $173.7M (+20.6% YoY); net revenue $89.5M (+12.9%); net income $18.7M (+143.4%).
Willdan Q3 net revenue $95M (+25.5%), GAAP EPS $0.90 (+76.5%); raises FY targets
Contract revenue $182M, up 15% YoY; net revenue $95M, up 25.5% (organic growth 20%).
Willdan Q2 net income surges 236% to $15.4M; raises FY2025 guidance
Q2 contract revenue $173.5M (+23% YoY); net revenue $95.0M (+31%); net income $15.4M (+236%).
Stockholders approve amendment to 2008 Plan increasing shares by 150,000
Plan amendment increases aggregate share limit to 5,719,167 from 5,569,167; incentive stock option limit to 5,950,000.
Willdan Q1 net revenue $85.3M (+24%); GAAP EPS $0.32 (+52%); raises FY guidance
Contract revenue $152.4M (+24.4%); net income $4.7M (+59.3%); adjusted EBITDA $14.4M (+30.9%).
Willdan reports FY 2024 net income up 107%; guides FY 2025 revenue up ~10%
FY 2024 contract revenue $565.8M (+10.9% YoY); net income $22.6M vs $10.9M; adjusted EBITDA $56.8M (+24.2%).
Willdan enters new employment agreements with CEO, CFO, and General Counsel
CEO Michael Bieber: base salary $574,891, target bonus up to 200%, severance of 24 months' salary.
Willdan beats Q3 estimates, raises FY2024 guidance; revenue up 19%
Contract revenue $158.3M (+19.2% YoY); net revenue $75.7M (+15.9%).
Willdan Q2 net revenue $72.5M, adj. EPS $0.55; raises FY2024 guidance
Contract revenue $141.0M (+18.4% YoY); net revenue $72.5M (+17.0%).
Willdan stockholders approve 2008 Plan amendment; share pool increased by 675,000
Plan extended to April 14, 2034; aggregate share limit raised to 5,569,167 shares.
Willdan Q1 net revenue $68.9M, up 11.7%; GAAP EPS $0.21, adjusted EPS $0.40; reaffirms 2024 targets
Contract revenue $122.5M (+19.4% YoY); net revenue $68.9M (+11.7%).
Willdan Q4 2023 revenue up 37.5%; net income $8.0M; provides 2024 guidance
Q4 contract revenue $155.7M (+37.5% YoY); net income $8.0M vs $(0.4M) loss; GAAP EPS $0.58 vs $(0.03).
Willdan board member Keith Renken retires effective March 5, 2024; board reduced to seven
Keith Renken resigned from the board, effective immediately; served since 2006 IPO.
Willdan enters consulting agreement with former CEO Thomas Brisbin at $25,200/month
Thomas D. Brisbin resigned as CEO on Dec 29, 2023; consulting agreement signed Feb 28, 2024.
Tom Brisbin retires as CEO effective Dec 29, 2023, remains Chairman and will serve as part-time consultant.
Willdan Q3 revenue up 9.3% to $132.7M; raises FY2023 guidance
Net income improved to $1.6M from $0.1M; GAAP diluted EPS $0.11 vs $0.01.
Willdan Group refinances with $150M credit facility, extends maturity to 2026
New $100M term loan and $50M revolving credit facility, each maturing Sept 2026.
Willdan Q2 revenue up 16% to $119M; raises FY2023 guidance
Q2 contract revenue $119.1M (+16% YoY); net revenue $61.9M (+17.1%).
Willdan Group adopts amended bylaws with enhanced proxy, forum, and disclosure rules
Board approved Second Amended and Restated Bylaws on July 7, 2023, effective immediately.
Willdan shareholders reject say-on-pay, approve equity plan increases at annual meeting
Say-on-pay failed: 4,082,317 for vs 5,121,812 against (non-binding advisory).
Willdan Group reports Q1 record: revenue $102.6M, net income up 124.7%
Consolidated contract revenue $102.6M, up 11.7% YoY; net revenue $61.7M, up 23.0%.
Willdan Q4 contract revenue up 23% YoY; FY22 net loss flat; 2023 EPS guidance above FY22
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)).
Willdan SVP Business Development Paul Whitelaw resigns; gets $233K severance, equity acceleration
Paul Whitelaw resigned as SVP Business Development effective February 1, 2023.
Willdan Q3 net income $0.1M ($0.01 EPS); YTD net loss $8.0M
Q3 contract revenue $121.4M; net revenue $58.9M.
Willdan Q2 loss of $4.3M; net revenue $52.9M on $102.6M contract revenue
Net loss of $4.3M ($0.33 diluted loss); adjusted net loss of $0.8M ($0.06 per share).
Share reserve increased by 478,000 to 4,144,167 shares plus expired 2006 Plan shares.
Willdan Q1 net loss $3.8M; adjusted EPS $0.07
Net loss of $3.8M ($0.30 per diluted share); adjusted net income of $0.9M ($0.07 per share).
Three Willdan directors to retire; board reduces size from 10 to 7
Debra G. Coy, Raymond W. Holdsworth, and Douglas J. McEachern will not stand for re-election at the 2022 annual meeting on April 21, 2022.
Willdan reports Q4 2021 net loss $0.9M; guides 2022 net revenue up ~20%
Q4 contract revenue $92.2M, net revenue $51.8M; net loss $0.9M ($0.07 diluted loss).
Willdan expands board to 10, appoints Wanda Reder as independent director
Board increased from nine to ten directors, effective December 6, 2021.
Willdan Q3 contract rev $98.3M (-5.9%); net rev $54.5M (+6.8%); wins $90M NY contract
Q3 net income $0.8M ($0.06 diluted EPS); adjusted net income $6.9M ($0.53 diluted EPS).
Chief Strategy Officer Adam Procell resigns from Willdan Group effective Oct 19, 2021
Mr. Procell will provide transition consulting services for up to 4 hours/week for 6 months or until new full-time employment.
Willdan appoints Cynthia Downes to Board; COO Daniel Chow resigns, becomes advisor
Cynthia Downes appointed to Board effective Aug 4, 2021, expanding Board to nine members (eight independent). She joins Audit and Compensation Committees.
Willdan Q2 net loss $4.6M but adjusted EPS $0.24; LA DWP program restarted, SCE contracts approved
Q2 contract revenue $84.2M (+0.7%), net revenue $47.3M (+9.4%) YoY.
On March 5, 2024, Keith W. Renken notified the Board of Directors (the “Board”) of Willdan Group, Inc., a Delaware corporation (“Willdan”) of his intention to retire and resign as a member of the Board effective immediately.
On December 29, 2023, Thomas D. Brisbin resigned as Chief Executive Officer of Willdan Group, Inc.
the Board increased the size of the Board from seven to eight members and appointed Mr. Bieber to the Board to fill the newly created vacancy
Thomas D. Brisbin informed the Board of Directors (the “Board”) of Willdan Group, Inc. (the “Company”) of his intention to retire and resign as Chief Executive Officer of the Company, effective December 29, 2023.
the Board appointed Michael A. Bieber, the Company’s current President, as President and Chief Executive Officer of the Company, effective as of December 30, 2023.
On January 19, 2023, Mr. Paul Whitelaw notified Willdan Group, Inc. (the “Company”) of his resignation from his position as Senior Vice President, Business Development of the Company and from all other positions he holds with the Company and each of its subsidiaries, effective February 1, 2023.
Debra G. Coy, Raymond W. Holdsworth and Douglas J. McEachern each notified the board of directors (the “Board”) of Willdan Group, Inc., a Delaware corporation (“Willdan”), that they do not intend to stand for re-election at Willdan’s 2022 annual meeting of stockholders (the “2022 Annual Meeting”) on April 21, 2022, April 21, 2022 and April 19, 2022, respectively.
Debra G. Coy, Raymond W. Holdsworth and Douglas J. McEachern each notified the board of directors (the “Board”) of Willdan Group, Inc., a Delaware corporation (“Willdan”), that they do not intend to stand for re-election at Willdan’s 2022 annual meeting of stockholders (the “2022 Annual Meeting”) on April 21, 2022, April 21, 2022 and April 19, 2022, respectively.
Debra G. Coy, Raymond W. Holdsworth and Douglas J. McEachern each notified the board of directors (the “Board”) of Willdan Group, Inc., a Delaware corporation (“Willdan”), that they do not intend to stand for re-election at Willdan’s 2022 annual meeting of stockholders (the “2022 Annual Meeting”) on April 21, 2022, April 21, 2022 and April 19, 2022, respectively.
On December 3, 2021, the Board, pursuant to Section 4.10 of Willdan’s Amended and Restated Bylaws, appointed Wanda Reder to the Board, effective December 6, 2021, to fill the vacancy on the Board
On October 19, 2021, Mr. Adam Procell notified the Company of his resignation from his position as Chief Strategy Officer of Willdan Group, Inc.
appointed Cynthia Downes to the Board, effective August 4, 2021,
Max materiality 0.80 · Median 0.70 · Most common event earnings