NV5 Earnings Reports

NV5 Global, Inc. delivered strong first quarter results with significant growth in revenue and profitability. Gross revenues increased by 10%, driven by 5% organic growth. Cash flows from operations saw a substantial 96% increase. The company reaffirmed its full-year 2025 guidance, citing strong performance, backlog, and pipeline.

NV5 Global, Inc. delivered a strong performance in Q4 2024, with gross revenues increasing by 15% to $246.5 million and gross profit increasing by 13% to $122.2 million. Despite higher acquisition-related costs and amortization expenses, the company maintained consistent Adjusted EBITDA margins.

NV5 reported record third-quarter results with a 6% increase in gross revenues to $250.9 million and a 31% increase in net income to $17.1 million. The company's Adjusted EBITDA increased by 21% to $44.5 million, driven by strong organic growth.

NV5 reported a 6% increase in gross revenues to $236.3 million and a 12% increase in gross profit to $123.3 million for the second quarter of 2024. The company raised its full-year guidance for revenue and Adjusted Earnings per Share.

NV5's first quarter results showed a 16% increase in gross revenues to $213.3 million and a 73% growth in cash flows from operations. The company raised its full-year 2024 guidance for gross revenues and EPS due to strong performance and the resolution of federal continuing resolution impacts.

NV5 reported a 14% increase in gross revenues for Q4 2023 compared to Q4 2022, driven by growth initiatives in infrastructure, transportation, and buildings sectors, alongside strategic acquisitions aimed at expanding subscription-based revenues. Net income and GAAP EPS also saw significant increases, while adjusted EPS experienced a slight decrease. The company is well-positioned for accelerated organic growth in 2024 and aims to achieve a $1 billion revenue run rate by the end of the year.

NV5 reported record revenues of $239 million for Q3 2023, a 17% increase year-over-year, driven by strong performance in geospatial, clean energy, technology, data center, and international businesses. The company's infrastructure business also showed significant growth. They approach 2024 with a record backlog of $833 million.

NV5 Global reported a 10% increase in gross revenues for the second quarter of 2023, with gross profit also increasing by 11%. Net income and adjusted EBITDA were impacted by lower income from operations in real estate transactional and LNG businesses. The company is well-positioned for organic growth and acquisition expansion.

NV5 reported first-quarter results exceeding earnings consensus and in accordance with full-year guidance for revenues and earnings. The geospatial business led the quarter with 15% organic growth, offsetting headwinds in real estate transactions and LNG revenue timing.

NV5 Global, Inc. reported strong revenues and earnings for 2022, with growth in all three reporting segments and five strategic acquisitions. The company anticipates a successful year in 2023, driven by a strong backlog and anticipated merger and acquisition activity.

NV5 Global, Inc. reported record third-quarter results, exceeding analyst consensus with a 10% increase in gross revenues, a 28% increase in net income, and a 27% increase in GAAP EPS.

NV5 reported a strong second quarter with double-digit growth in gross revenues, net income, Adjusted EBITDA, and earnings per share. The company's growth was driven across all six operating verticals, including the acquisition of GEO1, and achieved 8% organic growth in the first half of the year.

NV5 reported a strong quarter with record revenues and net income. Revenue growth was driven by utility, real estate, and ESG services. The company's backlog increased by 13% for the quarter.

NV5 Global, Inc. reported record second-quarter results, exceeding analyst consensus and raising full-year 2021 guidance. Gross revenues, net income, adjusted EBITDA, and adjusted EPS were the highest in the company's history for a quarter.

NV5's first quarter performance showed positive results with $48 million in cash flows from operations, increases in net income, adjusted EBITDA margins, and earnings per share, despite weather-related project delays and the COVID-19 pandemic limiting revenue generation for some services.

NV5 announced record fourth quarter and full year 2020 results, exceeding analysts' expectations. Gross Revenues grew by 22% and Net income grew by 28% in the fourth quarter of 2020.

NV5 Global, Inc. reported a strong third quarter with a 30% increase in gross revenues and a 33% increase in net income compared to the third quarter of 2019. The company exceeded analyst expectations for gross revenues and adjusted earnings per share. They also generated $21.7 million in cash flows from operations and paid down $27.8 million in principal under their credit facility.

NV5 Global, Inc. reported record second-quarter results, exceeding analyst expectations in both gross revenues and adjusted earnings per share. The company secured large contracts and entered into an agreement to acquire Mediatech Design Group.

NV5 reported a successful first quarter with a 41% increase in gross revenues, a 43% increase in net revenues, a 58% increase in Adjusted EBITDA, and an 11% increase in Adjusted Earnings Per Share.

NV5 Global reported a revenue of $133.8 million for Q4 2019, compared to $116.1 million in Q4 2018. The company's net income for the quarter was $3.6 million, a decrease from $7.7 million in the same quarter of the previous year. GAAP EPS was $0.28 and Adjusted EPS was $0.64.