Willdan Group, Inc. (WLDN) Q1 2025 Earnings Call Transcript

Willdan Group, Inc. (NASDAQ:WLDN) Q1 2025 Results Conference Call May 8, 2025 5:30 PM ET

Company Participants

Al Kaschalk – Vice President, Investor Relations
Mike Bieber – President & Chief Executive Officer
Kim Early – Executive Vice President & Chief Financial Officer

Conference Call Participants

Craig Irwin – ROTH Capital Partners
Tim Moore – Clear Street

Operator

Greetings, and welcome to the Willdan Group First Quarter Fiscal Year 2025 Financial Results Conference Call [Operator Instructions] As a reminder, this conference is being recorded.

Now I’d like to turn the conference over to Al Kaschalk. Thank you. You may begin.

Al Kaschalk

Thank you, Matt. Good afternoon, everyone, and welcome to Willdan Group’s first quarter 2025 earnings call. Joining our call today are Mike Bieber, President and Chief Executive Officer; and Kim Early, Executive Vice President and Chief Financial Officer.

Our conference call remarks will include both GAAP and non-GAAP financial results. Reconciliations between GAAP and non-GAAP measures can be found in today’s press release and in the presentation slides, all of which are available on our website.

Please note that year-over-year commentary on variances — or variances on revenue, adjusted EBITDA and adjusted EPS discussed during our prepared remarks are on an organic basis.

We will make forward-looking statements about our performance. These statements are based on how we see things today. ‘

While we may elect to update these forward-looking statements at some point in the future, we do not undertake any obligation to do so, as described in our SEC filings. And actual results may differ materially due to risks and uncertainties.

With that, I will hand the call over to Mike, who will begin on Slide 2.

Mike Bieber

Thanks, Al. We had a strong start to 2025, delivering record first quarter results for revenue, adjusted EBITDA and EPS. We surpassed