Willdan Group, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended July 01, 2022
August 05, 2022 at 01:55 am IST
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Willdan Group, Inc. reported earnings results for the second quarter and six months ended July 01, 2022. For the second quarter, the company reported sales was USD 102.65 million compared to USD 84.15 million a year ago. Net loss was USD 4.33 million compared to USD 4.6 million a year ago. Basic loss per share from continuing operations was USD 0.33 compared to USD 0.37 a year ago. Diluted loss per share from continuing operations was USD 0.33 compared to USD 0.37 a year ago.
For the six months, sales was USD 194.48 million compared to USD 163.24 million a year ago. Net loss was USD 8.1 million compared to USD 8.37 million a year ago. Basic loss per share from continuing operations was USD 0.63 compared to USD 0.68 a year ago. Diluted loss per share from continuing operations was USD 0.63 compared to USD 0.68 a year ago.
Willdan Group, Inc. is a provider of professional, technical, and consulting services to utilities, government agencies, and private industry. The Companyâs segments include Energy and Engineering and Consulting. Energy segment provides specialized and comprehensive energy solutions to businesses, utilities, state agencies, municipalities, and non-profit organizations. Its energy services include audit and surveys, program design, master planning, demand reduction, grid optimization, benchmarking analyses, design engineering, construction management, performance contracting, installation, alternative financing, measurement and verification services, and advances in software and data analytics for long term planning. Engineering and Consulting segment provides civil engineering-related construction management, building and safety, city engineering office management, city planning, civil design, geotechnical, material testing and other engineering consulting services to its clients.