Willdan Secures Contract with Puget Sound Energy for Program Implementation and Expansion
WLDN has more than doubled off its 52-week low of $30.43.
Summary
Willdan Group has been selected by Puget Sound Energy to implement and expand program offerings. This new engagement represents a significant business win for Willdan, securing a contract with a major utility client. The news follows the company's recent announcement of strong Q4 and full-year 2025 financial results, indicating continued positive momentum in securing new business. While specific financial terms of the program were not disclosed, this partnership is expected to contribute to Willdan's revenue growth and reinforce its position in energy efficiency and infrastructure services. Traders will be watching for further details on the scope and financial impact of this program.
At the time of this announcement, WLDN was trading at $87.50 on NASDAQ in the Industrial Applications And Services sector, with a market capitalization of approximately $1.3B. The 52-week trading range was $30.43 to $137.00. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Reuters.