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Dec 28, 2019
NV5 Q4 2019 Earnings Report
NV5 reported strong results for the fourth quarter and full year 2019.
Key Takeaways
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.
Total revenues for the fourth quarter of 2019 were $133.8 million, up from $116.1 million in Q4 2018.
Net income for the fourth quarter of 2019 was $3.6 million, down from $7.7 million in Q4 2018.
GAAP EPS was $0.28 per share in Q4 2019, compared to $0.62 per share in Q4 2018.
Adjusted EPS in Q4 2019 was $0.64 per share, down from $0.91 in Q4 2018.
NV5
NV5
Forward Guidance
The Company expects Gross Revenues to range from $700 million to $730 million and full year 2020 Adjusted EPS to range from $4.38 per share to $4.90 per share.
Positive Outlook
- Gross Revenues to range from $700 million to $730 million
- Full year 2020 Adjusted EPS to range from $4.38 per share to $4.90 per share
- Increase of 37% to 54% over 2019 Adjusted EPS of $3.19 per share.