Keith W. Renken
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.
Highest-materiality recent filing
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.
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.
Max materiality 0.80 · Median 0.75 · Most common event earnings