Willdan ( (WLDN) ) has released its Q2 earnings. Here is a breakdown of the information Willdan presented to its investors.
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Willdan Group, Inc. is a nationwide provider of professional, technical, and consulting services, primarily serving utilities, government agencies, and private industries with a focus on electric grid solutions, energy efficiency, and sustainability.
In its latest earnings report for the second quarter of 2025, Willdan reported significant growth across several key financial metrics. The company experienced a 23% increase in contract revenue and a 31.1% rise in net revenue compared to the same period last year. Notably, net income surged by 236%, highlighting the company’s robust financial performance.
The second quarter results were bolstered by a 70.7% increase in Adjusted EBITDA and a 212.1% rise in GAAP Diluted EPS. These impressive figures were attributed to consistent execution in core programs, new contract wins, and strategic acquisitions. The company also noted the positive impact of electricity load growth from data centers and broader electrification trends.
Looking ahead, Willdan has raised its financial targets for the fiscal year 2025, expecting net revenue between $340 million and $350 million, Adjusted EBITDA between $70 million and $73 million, and Adjusted Diluted EPS between $3.50 and $3.65 per share. This optimistic outlook reflects the company’s confidence in sustaining its growth trajectory.
Overall, Willdan’s strong financial performance and strategic initiatives position it well for continued success in the evolving energy services market, driven by increasing demand for reliable power and resilient grid infrastructure.