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Willdan Announces Planned Date of November 8 for Third Quarter 2007 Financial Results and Conference Call and Updates Fiscal Year 2007 Revenue Guidance
ANAHEIM, Calif., Oct 29, 2007 (BUSINESS WIRE) -- Willdan Group, Inc. ("Willdan") (NASDAQ:WLDN) announces the planned date for its third quarter financial results and conference call. On Thursday, November 8, 2007, after market close, Willdan plans to announce its third quarter 2007 financial results. Following the announcement, Chief Executive Officer Thomas Brisbin, Chief Operations Officer Mallory McCamant and Chief Financial Officer Kimberly Gant plan to host a conference call at 5:00 p.m. Eastern / 2:00 p.m. Pacific on the same day to further discuss the Company's financial results and business developments.
Interested parties may participate in the conference call by dialing 800-218-0204 (303-262-2191 for international callers). When prompted, ask for the "Willdan Group Investor Conference Call." The conference call will be webcast simultaneously on Willdan's website at www.willdangroup.com under Investor Relations: Events.
The telephonic replay of the conference call may be accessed approximately two hours after the call through November 22, 2007, by dialing 800-405-2236 (303-590-3000 for international callers). The replay access code is 11101325#. The webcast replay will be archived for 12 months.
Also today, Willdan announces revised fiscal year 2007 revenue guidance due to unforeseen changes in market conditions. Willdan now expects to report revenue between $78 and $80 million for fiscal year 2007 as compared to its previous guidance of $86 and $90 million.
About Willdan Group, Inc.
Founded over 40 years ago, Willdan Group, Inc. is a leading provider of outsourced services to public agencies located primarily in California and other western states. Willdan Group, Inc. assists cities and other government agencies with a broad range of services, including civil engineering, building and safety services, geotechnical engineering, financial and economic consulting, and disaster preparedness and homeland security. www.willdangroup.com
Forward-Looking Statements
Any statements made in this release that are not based on historical fact are forward-looking statements. Any forward-looking statements made in this release represent management's best judgment as to what may occur in the future. However, Willdan Group, Inc.'s actual outcome and results are not guaranteed and are subject to certain risks, uncertainties and assumptions, and may differ materially from what is expressed. For a description of factors that could cause actual results to differ materially from such forward-looking statements, see the discussion under the section "Risk Factors" included in the Company's Form 10-K filing with the Securities and Exchange Commission.
SOURCE: Willdan Group, Inc.
Willdan Group, Inc. Mallory McCamant, Chief Operations Officer, 714-940-6327 mallory@willdangroup.com or Kimberly Gant, Chief Financial Officer, 714-940-6329 kgant@willdangroup.com or The Abernathy MacGregor Group Inc. Moira Conlon, 213-630-6550 MHC@abmac.com
Copyright Business Wire 2007
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