Willdan Group Inc. recently released the transcript of its first quarter FY2025 earnings call, held on May 8, 2025. The conference call featured presentations from key company executives, including Mike Bieber, President and Chief Executive Officer, and Kim Early, Executive Vice President and Chief Financial Officer. Al Kaschalk, Vice President of Investor Relations and M&A, moderated the session, which also included a Q&A segment with participants such as Craig Irwin from ROTH Capital Partners. During the call, the management discussed both GAAP and non-GAAP financial results, with a significant focus on the company's stable revenue streams. Mike Bieber highlighted that "Willdan has minimal exposure to direct federal contracts," which has contributed to the company's resilience amid federal spending cuts. He emphasized that the majority of Willdan's public sector work is funded through user fees and municipal bonds, ensuring stability in their backlog and visibility. Bieber also shared insights from Willdan's 2024 Sustainability Report, noting that the company helps clients avoid about 100 times the greenhouse gas emissions that it emits. This achievement is largely attributed to Willdan's energy segment, which constitutes over 80% of the company's revenue. The full transcript can be accessed through the link below.
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