Willdan Group Outlines 2027 Financial Targets Following Strong Q3 Performance
Willdan Group (WLDN) reported strong operational results for the third quarter, highlighted by an 18% increase in both contract revenue and net revenue, reaching $215 million and $112 million respectively. The company's Energy segment showed particularly robust performance with organic net revenue growth of 17%, contributing to a total organic net revenue growth rate of 12%. Looking ahead, management has established ambitious preliminary targets for 2027. Following the closing of the Mantis acquisition, Willdan aims to achieve $1 billion in contract revenue and an EBITDA exceeding $140 million. These projections reflect the company's aggressive growth strategy and scaling efforts within its core service segments.
Tickers: $WLDN
Topics: earnings report energy segment performance revenue growth
Read the full article at Seeking Alpha
Part of the story Centuri Holdings Reports Record Q3 Revenue and Outlines 2027 Financial Targets (2 articles)