Willdan Group, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended December 29, 2023
March 07, 2024 at 04:18 pm EST
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Willdan Group, Inc. reported earnings results for the fourth quarter and full year ended December 29, 2023. For the fourth quarter, the company reported sales was USD 155.68 million compared to USD 113.26 million a year ago. Net income was USD 8.03 million compared to net loss of USD 0.425 million a year ago. Basic earnings per share from continuing operations was USD 0.59 compared to basic loss per share from continuing operations of USD 0.03 a year ago. Diluted earnings per share from continuing operations was USD 0.58 compared to diluted loss per share from continuing operations of USD 0.03 a year ago.
For the full year, sales was USD 510.1 million compared to USD 429.14 million a year ago. Net income was USD 10.93 million compared to net loss of USD 8.45 million a year ago. Basic earnings per share from continuing operations was USD 0.82 compared to basic loss per share from continuing operations of USD 0.65 a year ago. Diluted earnings per share from continuing operations was USD 0.8 compared to diluted loss per share from continuing operations of USD 0.65 a year ago.
Willdan Group, Inc. is a provider of professional, technical, and consulting services to utilities, government agencies, and private industry. The Companyâs segments include Energy and Engineering and Consulting. Energy segment provides specialized and comprehensive energy solutions to businesses, utilities, state agencies, municipalities, and non-profit organizations. Its energy services include audit and surveys, program design, master planning, demand reduction, grid optimization, benchmarking analyses, design engineering, construction management, performance contracting, installation, alternative financing, measurement and verification services, and advances in software and data analytics for long term planning. Engineering and Consulting segment provides civil engineering-related construction management, building and safety, city engineering office management, city planning, civil design, geotechnical, material testing and other engineering consulting services to its clients.