Willdan posts transcript of Q2 FY 2026 earnings call
Reuters2026/08/09 00:17- Willdan discussed fiscal Q2 2026 results on an Aug. 6 call with CEO Mike Bieber, CFO Kim Early, and IR VP Al Kaschalk.
- Q2 contract revenue rose 33% to USD 231 million; net revenue rose 23% to USD 117 million; adjusted EBITDA rose 51% to USD 33 million.
- Adjusted EBITDA margin reached a record 28.2% of net revenue; gross margin fell 150 bps on a mix shift toward commercial projects.
- Management raised FY 2026 targets: net revenue USD 415-430 million; adjusted EBITDA USD 103-107 million; adjusted EPS USD 5-5.15.
- CEO flagged LADWP’s USD 110 million solar streetlight expansion as the key variable, with ramp expected through Q3 into Q4 or early 2027.
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