NasdaqGM:WLDNProfessional Services
Willdan Group (WLDN) Stock Reprices Higher On Record Margin Execution
Willdan Group stock jumped 17% to US$86.24 after its Q2 print, and for once the emotion lines up with the numbers. This is a sentiment reset driven by earnings power. Contract revenue reached US$231.0m and basic earnings per share hit US$1.62, while adjusted EBITDA margins for the quarter stood in the high 20s. For an engineering and energy efficiency specialist that lives and dies on project execution and profitability, this margin step up is the headline. The rest of the report fills in how...