Willdan Group (WLDN) Tops Q3 EPS by 46c, Revenues Beat
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Willdan Group Reports Third Quarter Financial Results and Provides Update on California IOU Awards
November 5, 2020 4:08 PM ESTANAHEIM, Calif.--(BUSINESS WIRE)-- Willdan Group, Inc. (Willdan) (Nasdaq: WLDN), a provider of professional technical and consulting services, today reported financial results for its third quarter ended October 2, 2020.
Third Quarter 2020 Summary
Consolidated contract revenue of $104.5 million, a decrease of 11.1% Net revenue of $51.0 million, an increase of 0.3% Net income of $2.6 million, or $0.21 per diluted share Adjusted net income of $8.5 million, or $0.68 per diluted share Adjusted EBITDA of $11.0 million, or 21.6% of net revenue Cash utilized by operating activities of $2.4 millionNine Months... More
