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

Investor webinar replay

Replay transcript excerpt

Greetings and welcome to the Will Dan Group first quarter fiscal year 2025 financial results conference call. At this time, all participants are in a listen-only mode. A question and answer session will follow the formal presentation. If anyone should require operator assistance, please press star zero on your telephone keypad. As a reminder, this conference is being recorded. Now I'd like to turn the conference over to Al Kastrock. Thank you. You may begin. Thank you, Matt. Good afternoon, everyone, and welcome to Will Dan Group's first quarter 2025 earnings call. Joining our call today are Mike Beaver, 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 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 risk and uncertainties. With that, I will hand the call over to Mike, who will begin on slide two. Thanks, Al. We had a strong start to 2025, delivering record first quarter results for revenue, adjusted EBITDA, and EDS. We surpassed both analyst expectations and our internal forecast. Contract and net revenue each grew 24% y...