WLDN Q1 2023 Earnings — Willdan Group, Inc. Revenue & Financial Results | Market Cap Arena

WLDNWilldan Group, Inc.

$1B

Q1 2023 Earnings

Industrials Engineering & Construction

Income Statement

Revenue

$103M+11.7% YoY

Gross Profit

$41M40.2% margin

Operating Income

$4M3.9% margin

Net Income

$932,0000.9% margin

EPS (Diluted)

$0.07

QoQ Revenue Growth

-9.4%

Cash Flow

Operating Cash Flow

$17M

Free Cash Flow

$14M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$393M

Total Liabilities

$208M

Stockholders' Equity

$185M

Cash & Equivalents

$18M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$103M	$92M	+11.7%
Gross Profit	$41M	$31M	+31.6%
Operating Income	$4M	-$6M	+171.6%
Net Income	$932,000	-$4M	+124.7%

Revenue Segments

Energy

$83M81%

Engineering Consulting Services

$19M19%