Willdan Group reports Q1 adjusted EPS 63c consensus 44c

Reports Q1 revenue $85.3M, consensus $146M. “We exceeded analyst expectations in the first quarter, delivering double-digit growth across our key metrics,” said Mike Bieber, Willdan’s President and Chief Executive Officer. “New wins, steady funding in our core programs, and three strategic acquisitions are driving our broad-based growth. Data centers and electrification are increasing demand for electricity and fueling investment in reliable power and resilient grid infrastructure. Normalized for the extra week in this year’s first quarter, we delivered 12% organic revenue growth. With record first quarter performance, we are raising each of our fiscal year 2025 financial targets.”