Willdan Group reports revenue growth amid data center demand

Willdan Group, Inc. posted higher revenue and improved margins in the first quarter of 2026, driven by demand for power solutions in data centers.

The company achieved revenue of $92 million for the quarter, marking a 17 percent increase from the same period a year earlier. Gross margins expanded to 40.7 percent, while adjusted earnings per share rose 44 percent to $0.91.

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News illustration of Dell stock surge driven by AI earnings growth
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Dell shares surge over 30 percent on strong earnings

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Dell Technologies reported robust results that drove its stock up more than 30 percent. The company raised its fiscal 2027 revenue guidance by 27 billion dollars and nearly 5 dollars in earnings per share. Artificial intelligence server revenue jumped 757 percent year over year.

Prologis delivered record results for the first quarter of 2026, exceeding occupancy expectations and raising its full-year guidance. The company secured a 5.6 GW data center pipeline and expanded joint ventures. However, analysts note decelerating rent growth and a high valuation.

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Globe Telecom and PLDT released their first-quarter 2026 financial reports, highlighting data center expansions and rising demand for digital services in the Philippines.

Nvidia posted record first-quarter revenue of 81.62 billion dollars, beating Wall Street expectations as artificial intelligence infrastructure demand surged. The results lifted shares of some bitcoin miners with data center exposure.

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Shares of Adani Energy Solutions fell more than 3% despite the company reporting a 6% year-on-year increase in fourth-quarter net profit to Rs 684 crore. Revenue jumped 17% to Rs 7,443 crore, supported by key transmission projects.

Large companies recorded stronger net profit growth for the March 2026 quarter, supported by one-off gains. Mid and small-cap firms showed more resilient revenue expansion despite slower overall trends.

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Ralph Lauren reported strong financial results for the fourth quarter and full fiscal year, surpassing revenue expectations and crossing the $8 billion mark for the first time. The company credited consumer loyalty and strategic execution for the gains across key regions.

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