NASDAQ$WLDN
Willdan Group Inc · Q1 2023 earnings
Q1 2023 earnings · · Investor relations
Briefing
Willdan Group had a strong first quarter, with revenue and profit growth leading to robust cash flows from operations.
Willdan Group reported a strong first quarter with significant growth in contract revenue, net revenue, net income, and adjusted EBITDA. The company is confident in its 2023 outlook, citing high execution levels, new work acquisition, and a strong pipeline of opportunities.
- Consolidated contract revenue increased by 11.7%.
- Net revenue grew by 23.0%.
- Net income improved by 124.7%.
- Adjusted EBITDA increased by 320.8%.
Headline financials
Revenue & EPS history
Willdan Group · Revenue · Quarterly
$103M
Revenue by segment
Willdan Group · $103M total across 2 segments · Q1 2023
- Energy$83.3M+11.2%81.2%
- Engineering and Consulting$19.3M+14.0%18.8%
Forward guidance
The company is confident in its 2023 outlook.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2023
+2.3%
Avg return
Earnings day
+5.9%
Avg return
5 days after
+8.7%
Avg return
30 days after
59%
38 / 64 earnings
Positive
+29.7%
Q4 2024
Best reaction
-25.4%
Q4 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -1.9% | +22.6% | +28.1% | |
| Q4 2025 | -25.4% | -29.9% | -33.3% | |
| Q3 2025 | +7.1% | +10.4% | +22.3% | |
| Q1 2025 | +4.1% | +13.0% | +40.5% | |
| Q4 2024 | +29.7% | +23.7% | +20.1% | |
| Q3 2024 | -8.4% | -9.0% | -8.4% | |
| Q2 2024 | +9.2% | +7.3% | +12.5% | |
| Q1 2024 | +9.2% | +15.4% | +13.3% | |
| Q4 2023 | +24.0% | +31.3% | +40.9% | |
| Q3 2023 | +12.0% | +9.8% | +20.2% | |
| Q2 2023 | +23.3% | +22.6% | +22.9% | |
| Q1 2023 | +8.3% | +17.5% | +19.1% | |
| Q4 2022 | -9.3% | -1.0% | -12.7% | |
| Q3 2022 | +27.7% | +25.7% | +20.6% | |
| Q2 2022 | -3.6% | -3.6% | -24.1% | |
| Q1 2022 | -9.1% | -12.7% | -10.0% | |
| Q4 2021 | -13.8% | -19.2% | -12.2% | |
| Q3 2021 | +0.6% | +6.6% | +5.8% | |
| Q2 2021 | -8.5% | -2.7% | -2.1% | |
| Q1 2021 | +2.5% | -0.9% | +6.3% | |
| Q4 2020 | +0.4% | -8.4% | -11.8% | |
| Q3 2020 | +27.7% | +36.1% | +33.8% | |
| Q2 2020 | +10.8% | +11.3% | +8.7% | |
| Q1 2020 | -0.4% | -6.6% | +22.1% | |
| Q4 2019 | +5.3% | -13.0% | -39.7% | |
| Q3 2019 | -22.8% | -20.7% | -27.4% | |
| Q2 2019 | -5.9% | -7.5% | +3.3% | |
| Q1 2019 | -3.3% | -3.8% | -21.6% | |
| Q4 2018 | -5.8% | -3.5% | -1.6% | |
| Q3 2018 | +14.6% | +23.9% | +24.8% | |
| Q2 2018 | +4.7% | +16.7% | +10.8% | |
| Q1 2018 | -2.8% | -8.8% | +1.4% | |
| Q4 2017 | +16.4% | +14.1% | +31.1% | |
| Q3 2017 | -10.1% | -10.6% | -13.4% | |
| Q2 2017 | +0.8% | +9.5% | -6.4% | |
| Q1 2017 | +13.2% | +10.3% | +18.4% | |
| Q4 2016 | +18.1% | +20.1% | +14.2% | |
| Q3 2016 | +5.7% | +18.0% | +50.1% | |
| Q2 2016 | +19.9% | +28.0% | +71.5% | |
| Q1 2016 | +0.7% | — | — | |
| Q4 2015 | +3.8% | — | — | |
| Q3 2015 | -24.7% | — | — | |
| Q2 2015 | -5.9% | — | — | |
| Q1 2015 | +2.0% | — | — | |
| Q4 2014 | -14.3% | — | — | |
| Q3 2014 | +8.2% | — | — | |
| Q2 2014 | +15.4% | — | — | |
| Q1 2014 | +6.1% | — | — | |
| Q4 2013 | -4.4% | — | — | |
| Q3 2013 | +0.0% | — | — | |
| Q2 2013 | +5.6% | — | — | |
| Q1 2013 | +9.7% | — | — | |
| Q4 2012 | +0.0% | — | — | |
| Q3 2012 | -5.0% | — | — | |
| Q2 2012 | +1.9% | — | — | |
| Q1 2011 | -10.5% | — | — | |
| Q1 2012 | -10.5% | — | — | |
| Q4 2011 | -1.1% | — | — | |
| Q1 2010 | -1.1% | — | — | |
| Q3 2010 | +4.4% | — | — | |
| Q3 2011 | +4.4% | — | — | |
| Q2 2010 | +0.3% | — | — | |
| Q4 2010 | +0.3% | — | — | |
| Q2 2011 | +0.3% | — | — |
Discussion
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