On June 30, 2023, the WILLDAN GROUP ($NASDAQ:WLDN) reported their fiscal year 2023 second quarter earnings results. Total revenue for the quarter was USD 119.1 million, a 16.0% surge compared to the same period in the previous year. Net income reached USD 0.4 million, an impressive 109.2% year-over-year increase.
On Thursday, the WILLDAN GROUP reported impressive Q2 earnings for Fiscal Year 2023, driving the stock to close at a rate of $20.2, up by 2.0% from its previous closing price of 19.9. This was the company’s highest opening and closing rate in the past year, during which WILLDAN GROUP has consistently reported positive earnings. Analysts are now looking optimistically towards the company’s future, especially as it continues to expand its presence in the global market. The higher earnings are due in part to an increase in international customers, as well as a focus on customer service and product innovation. Amongst its customer base, WILLDAN GROUP offers a wide range of services including energy efficiency, environmental consulting, engineering and construction management. The company also works closely with governments and other organizations to create more sustainable cities and environments.
In addition, the company has been investing heavily in research and development, which is expected to provide long-term returns for the company in terms of both revenue and market share. With such impressive Q2 earnings, WILLDAN GROUP is well positioned to continue its growth and success for many years to come. Live Quote…
About the Company
Ownership (Institutional/ Fund Holdings)
Below shows the total revenue, net income and net margin for Willdan Group. More…
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At GoodWhale, we recently conducted an analysis of WILLDAN GROUP‘s fundamentals. Based on our Risk Rating, we have determined that WILLDAN GROUP is a medium risk investment in terms of financial and business aspects. However, we did detect two non-financial risk warnings in its balance sheet that warrant further investigation. If you’re interested in learning more about these potential risks, register with us to get access to the full report. We believe that getting a comprehensive understanding of the financial health of companies will help you make informed decisions when it comes to investing. More…
Risk Rating Analysis
Star Chart Analysis
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The WILLDAN GROUP has seen impressive growth in their most recent earnings report. Total revenue for the second quarter of their fiscal year 2023 increased 16.0% from the same period last year, and net income rose by 109.2%. This is certainly encouraging news for investors and suggests that the WILLDAN GROUP is a good option for investment. Although further analysis is necessary to make an informed decision, the strong performance demonstrates the company’s potential for continued growth.