NV5 Global, Inc. engages in the provision of professional and technical consulting and certification solutions for public and private sector. It operates through the Infrastructure (INF), and Building, Technology, and Sciences (BTS) segment. The INF segment covers engineering, civil program management, and construction quality assurance practices. The BTS segment includes energy, environmental and building program management practices. The company was founded on September 12, 2011 and is headquartered in Hollywood, FL.

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NV5 reports robust Q4 earnings, eyes growth in Geospatial services

NV5's strong financial performance and strategic acquisitions in 2022 set a positive trajectory for growth in 2023, with revenue expected to range from $878 million to $950 million. The company's emphasis on profitable businesses, cross-selling, and innovation positions it well for future success and market leadership.
While facing challenges in financial reporting clarity, staffing retention, and market uncertainties, NV5 has opportunities to expand in key growth areas like Geospatial, utility services, and technology verticals. By navigating challenges effectively and leveraging opportunities, NV5 anticipates a positive outlook for 2023.

NV5 reports robust Q1 earnings, eyes tech-driven growth opportunities

NV5's Q1 performance reflects strong financials, driven by technology and recent acquisitions
Challenges include potential government impacts and concerns over real estate transactions
Opportunities lie in diversifying revenue streams and focusing on innovation for future growth
Overall, NV5 is well-positioned for growth beyond traditional engineering services

NV5 exceeds Q2 expectations, eyes global expansion and tech growth

NV5's strong Q2 performance and strategic acquisitions drove revenue growth and profitability.
The company's focus on sustainable infrastructure and technology positions it for long-term success.
Challenges include weather-related project delays and sensitivity to interest rates.
NV5's future opportunities lie in international expansion, clean energy initiatives, and technological advancements.

NV5 reports strong Q3 growth, eyes $1 billion revenue target

NV5's Q3 performance reflects robust growth, operational efficiency, and strategic positioning for future success.
While facing challenges like project delays and procurement costs, the company's strengths in diversification and technology adoption offer resilience.
With a clear focus on revenue expansion and reaching ambitious revenue targets, NV5 remains optimistic about its growth trajectory.

NV5 reports robust Q4 earnings, eyes growth in key sectors

NV5's Q4 '23 earnings call highlighted strong financial performance, strategic acquisitions, and a positive outlook for 2024, emphasizing growth, profitability, and debt reduction.
The company faces challenges in managing capital requirements, margin pressures, and cash flow issues, but remains focused on long-term success through organic growth and M&A activities.
With a robust performance in 2023 and a promising outlook for 2024, NV5 is well-positioned to leverage opportunities in key growth areas and drive sustainable expansion.

NV5 (NVEE) reports robust Q1 performance and strategic growth outlook

NV5's Q1 2024 Earnings Call highlighted strong performance, growth strategies, and a focus on technology integration to enhance profitability and competitiveness across key business segments.
The company's emphasis on margin expansion, debt management, and cautious M&A activities underscores a balanced approach to capitalizing on opportunities while managing challenges effectively.
With a confident outlook on achieving business targets, NV5's resilience, strategic acquisitions, and investments position it well for continued success and sustainable growth in the evolving market landscape.

NV5 reports strong Q2 earnings, raises guidance for 2024

NV5's Q2 2024 earnings call showcased robust financial results, increased backlog, and strategic acquisitions. The company is well-positioned for growth with a focus on technology, acquisitions, and strong segment performance.

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NV5 Global, Inc. engages in the provision of professional and technical consulting and certification solutions for the public and private sector. It operates through the Infrastructure (INF), and Building, Technology, and Sciences (BTS) segments. The INF segment covers engineering, civil program management, and construction quality assurance practices. The BTS segment includes energy, environmental and building program management practices. The company was founded on September 12, 2011, and is headquartered in Hollywood, FL.

HOLLYWOOD, Fla., April 04, 2024 (GLOBE NEWSWIRE) -- NV5 Global, Inc. (the “Company” or “NV5”) (Nasdaq: NVEE), a provider of technology, conformity assessment, and consulting solutions announced today that it has reached an agreement to acquire GIS Solutions, Inc. (“GIS Solutions”), a full range provider of enterprise geographic information system (GIS) technologies and services including GIS application development, cloud-based database design, data science, and project management. GIS Solutions supports state departments of transportation and utilities by developing solutions that monitor asset management, expedite efficient service delivery, and deliver real time mapping and incident reporting. The acquisition was made with a combination of cash and stock and will be immediately accretive to NV5's earnings.

NV5 Acquires GIS Solutions, Inc, Enhances Geospatial Application Development and Cloud Services for Departments of Transportation

HOLLYWOOD, Fla., April 03, 2024 (GLOBE NEWSWIRE) -- NV5 Global, Inc. (the “Company” or “NV5”) (Nasdaq: NVEE), a provider of technology, conformity assessment, and consulting solutions, announced today that it has acquired ASG Engineering Consultants (“ASG”), a provider of structural engineering, permitting, and compliance services in Dubai, United Arab Emirates (UAE). ASG's talented team of engineers, BIM technicians, and technical professionals have delivered engineering design and oversight services for premier education, hospitality, stadium, and commercial structures throughout the Middle East, particularly in Saudi Arabia and the UAE. The acquisition of ASG takes advantage of the booming development in the region and serves as a catalyst for additional organic growth, bringing NV5's total number of technical professionals in the Middle East to more than 150. The acquisition was made with a combination of cash and stock and will be immediately accretive to NV5's earnings.

NV5 Acquires ASG Engineering Consultants, Enhances Building Technology Services in Middle East and Asia

HOLLYWOOD, Fla., March 14, 2024 (GLOBE NEWSWIRE) -- NV5 Global, Inc. (the “Company” or “NV5”) (Nasdaq: NVEE), a provider of technology, conformity assessment, and consulting solutions, announced today that it has acquired Fluhrer Reed, a provider of structural engineering and forensics engineering services in the Research Triangle of North Carolina, one of the nation's fastest growing markets. Founded in 1999, Fluhrer Reed engineers utilize the latest building information modeling and analytic software to deliver creative, practical, and structurally sound solutions for educational, life sciences, industrial, and multifamily residential buildings.

NV5 Acquires Fluhrer Reed, Strengthens Engineering Services in North Carolina's Research Triangle

HOLLYWOOD, Fla., Feb. 29, 2024 (GLOBE NEWSWIRE) -- NV5 Global, Inc. (the “Company” or “NV5”) (Nasdaq: NVEE), a provider of technology, conformity assessment, and consulting solutions, announced today that it has been awarded a three-year, $5 million contract by the City of San Diego to provide land surveying, mapping, and digitizing services to support municipal infrastructure projects throughout the city.

NV5 Awarded $5 Million Infrastructure Mapping Services Contract by City of San Diego

NV5 Global, Inc. (NVEE) Q4 2023 Earnings Call Transcript

HOLLYWOOD, Fla., Feb. 22, 2024 (GLOBE NEWSWIRE) -- NV5 Global, Inc. (Nasdaq: NVEE) ("NV5" or the "Company"), a provider of technology, conformity assessment, consulting solutions, and software applications, today reported financial results for the fourth quarter and full year ended December 30, 2023.

NV5 Announces Fourth Quarter and Full Year 2023 Results; Issues Full Year 2024 Guidance

NV5 has executed an impressive growth story, with revenue growth of +29% and EBITDA growth of +37%. This has slowed in recent years, although continues to be impressive. NV5 is positioned to benefit handsomely from industry tailwinds, as infrastructure spending increases and technological complexities contribute to greater demand for support. NV5's M&A has been dilutive to its ROE, implying shareholder capital is being inefficiently allocated relative to the earnings potential of the group and the wider market (ROIC

NV5 Global: Benefiting Big From Infrastructure Spending

HOLLYWOOD, Fla., Jan. 25, 2024 (GLOBE NEWSWIRE) -- NV5 Global, Inc. (the “Company” or “NV5”) (Nasdaq: NVEE), a provider of technology, conformity assessment, and consulting solutions, announced today that it has acquired CHW Professional Consultants (CHW), a leading provider of engineering and infrastructure consulting services in Florida. Founded in 1988, CHW operates out of four offices in Gainesville, Ocala, Jacksonville, and Fort Myers, complementing NV5's existing Florida offices by bringing full-service engineering capabilities and densifying NV5's platform throughout the state.

NV5 Acquires CHW Professional Consultants, Strengthening Florida Infrastructure Design and Survey Services

HOLLYWOOD, Fla., Jan. 09, 2024 (GLOBE NEWSWIRE) -- NV5 Global, Inc. (the “Company” or “NV5”) (Nasdaq: NVEE), a provider of technology, conformity assessment, and consulting solutions, announced today that it has been awarded contracts totaling $10 million to support infrastructure construction projects in the County of San Diego.

NV5 Awarded $10 Million in Contracts to Support County of San Diego Infrastructure Improvements

NV5 Global, Inc. reported a growing backlog and recent acquisition of Red Technologies, which could lead to net sales growth. Increasing selling and marketing expenses and accumulated know-how may result in revenue increases from data center services. Risks include failed acquisitions, goodwill impairments, and unsuccessful expansion, but NV5 looks relatively cheap.

NV5 Global: Data Center Expansion, Better Than Expected Earnings, And Cheap

HOLLYWOOD, Fla., Dec. 14, 2023 (GLOBE NEWSWIRE) -- NV5 Global, Inc. (the “Company” or “NV5”) (Nasdaq: NVEE), a provider of technology, conformity assessment, and consulting solutions, announced today that it has been awarded contracts totaling $7 million to support two California counties through engineering plan review services.

NV5 Awarded $7 Million in Contracts to Support Building Safety and Engineering Plan Review in California

HOLLYWOOD, Fla., Dec. 12, 2023 (GLOBE NEWSWIRE) -- NV5 Global, Inc. (the “Company” or “NV5”) (Nasdaq: NVEE), a provider of technology, conformity assessment, and consulting solutions, announced today that it has been awarded a one-year, $9 million contract by a Northern California utility for vegetation management designed to minimize vegetation encroachment on the utility's transmission system.

NV5 Awarded $9 Million Geospatial Vegetation Management Contract by Northern California Utility

HOLLYWOOD, Fla., Nov. 20, 2023 (GLOBE NEWSWIRE) -- NV5 Global, Inc. (the “Company” or “NV5”) (Nasdaq: NVEE), a provider of technology, conformity assessment, and consulting solutions, announced today that it been awarded $17 million in contracts to support utility projects in New Jersey.

NV5 Awarded $17 Million in New Jersey Utilities Contracts

HOLLYWOOD, Fla., Nov. 16, 2023 (GLOBE NEWSWIRE) -- NV5 Global, Inc. (the “Company” or “NV5”) (Nasdaq: NVEE), a provider of technology, conformity assessment, and consulting solutions, announced today that it has acquired Technology Design Services, Inc. (TDSi), a provider of technology infrastructure design and consulting services. TDSi specializes in the design, integration, and implementation of data center, technology, audio visual, security, and telecommunications systems to assist clients with meeting their data communications infrastructure.

NV5 Acquires Technical Design Services, Inc., Strengthens Data Center and Technology Infrastructure Design Services

HOLLYWOOD, Fla., Nov. 13, 2023 (GLOBE NEWSWIRE) -- NV5 Global, Inc. (the “Company” or “NV5”) (Nasdaq: NVEE), a provider of technology, conformity assessment, and consulting solutions, announced today that it has been awarded approximately $7 million in contracts by the North Carolina Department of Transportation (NCDOT) to support critical infrastructure projects throughout the state.

NV5 Awarded $7 Million in Critical Infrastructure Contracts by the North Carolina Department of Transportation

NV5 Global, Inc. (NASDAQ:NVEE ) Q3 2023 Earnings Conference Call November 2, 2023 4:30 PM ET Company Participants Richard Tong - EVP & General Counsel Dickerson Wright - Chairman & CEO Edward Codispoti - CFO Alexander Hockman - President, COO & Director Kurt Allen - SVP, Geospatial Conference Call Participants Christopher Moore - CJS Securities Robert Brown - Lake Street Capital Markets Timothy Mulrooney - William Blair & Company Jeffrey Martin - ROTH MKM Partners Andrew Wittmann - Robert W. Baird & Co. Operator Good afternoon, everyone, and thank you for participating in today's conference call to discuss NV5's financial results for the third quarter 2023 ended September 30, 2023.

NV5 Global, Inc. (NVEE) Q3 2023 Earnings Call Transcript

HOLLYWOOD, Fla., Nov. 02, 2023 (GLOBE NEWSWIRE) -- NV5 Global, Inc. (Nasdaq: NVEE) ("NV5" or the "Company"), a provider of technology, conformity assessment, consulting solutions, and software applications, today reported financial results for the third quarter ended September 30, 2023.

NV5 Announces Third Quarter Results; Exceeds Analyst Consensus

HOLLYWOOD, Fla., Oct. 17, 2023 (GLOBE NEWSWIRE) -- NV5 Global, Inc. (the “Company” or “NV5”) (Nasdaq: NVEE), a provider of technology, conformity assessment, and consulting solutions, will announce its financial results for the third quarter ended September 30, 2023 on Thursday, November 2, 2023, following the close of the markets. The Company will host an earnings conference call at 4:30 p.m. Eastern time the same day.

NV5 to Host Third Quarter 2023 Conference Call on Thursday, November 2nd at 4:30pm ET

Ecovyst

Investors looking for stocks in the Technology Services sector might want to consider either Ecovyst (ECVT) or NV5 Global (NVEE). But which of these two stocks presents investors with the better value opportunity right now?

ECVT vs. NVEE: Which Stock Should Value Investors Buy Now?

HOLLYWOOD, Fla., Oct. 04, 2023 (GLOBE NEWSWIRE) -- NV5 Global, Inc. (the “Company” or “NV5”) (Nasdaq: NVEE), a provider of technology, conformity assessment, and consulting solutions, today announced the winners of the 2023 NV5 National Society of Black Engineers (NSBE) scholarship awards. The ten scholarship awards are part of NV5's five-year $275,000 commitment to NSBE.

NV5 Awards 2023 National Society of Black Engineers Scholarships

HOLLYWOOD, Fla., Oct. 03, 2023 (GLOBE NEWSWIRE) -- NV5 Global, Inc. (the “Company” or “NV5”) (Nasdaq: NVEE), a provider of technology, conformity assessment, and consulting solutions, today announced that it has been selected by United States Geological Survey (USGS) for a $10 million contract to perform geospatial lidar data collection and processing of 28,359 square miles in Oregon and Washington state as part of the USGS 3D Elevation Program (3DEP). The project will support forest resource management and is jointly funded by USGS and the U.S. Forest Service Geospatial Technology and Applications Center of the U.S. Department of Agriculture.

NV5 Awarded $10 Million Geospatial Forest Resource Management Contract

Smiths Group PLC

Investors looking for stocks in the Technology Services sector might want to consider either Smiths Group PLC (SMGZY) or NV5 Global (NVEE). But which of these two stocks is more attractive to value investors?

SMGZY or NVEE: Which Is the Better Value Stock Right Now?

HOLLYWOOD, Fla., Aug. 23, 2023 (GLOBE NEWSWIRE) -- NV5 Global, Inc. (the “Company” or “NV5”) (Nasdaq: NVEE), a provider of technology, conformity assessment, and consulting solutions, announced today that it has been awarded a $16 million extension to an existing resident engineering inspection services contract by the New York City Department of Design and Construction (“NYCDDC”). NV5 has also been issued a $9 million task order to provide resident engineering inspection services for the reconstruction of Trinity Place in Lower Manhattan. In addition to reconstruction of the roadway, the project's scope will include extensive upgrades to the City's sewer system and electric and gas infrastructure.

NV5 Awarded $25 Million in Resident Inspection Services by the New York City Department of Design and Construction

NV5 Global (NVEE) came out with quarterly earnings of $1.29 per share, missing the Zacks Consensus Estimate of $1.31 per share. This compares to earnings of $1.49 per share a year ago.

NV5 Global (NVEE) Q2 Earnings Miss Estimates

NV5 Global, Inc. (NASDAQ:NVEE ) Q2 2023 Earnings Conference Call August 9, 2023 4:30 PM ET Company Participants Richard Tong - Executive Vice President & General Counsel Dickerson Wright - Chairman & Chief Executive Officer Ben Heraud - Chief Operating Officer Alex Hockman - President & Chief Operating Officer Edward Codispoti - Chief Financial Officer Conference Call Participants Chris Moore - CJS Securities Andy Wittmann - Baird David Marsh - Singular Research Rob Brown - Lake Street Capital Markets Jeff Martin - ROTH MKM Tate Sullivan - Maxim Group Marc Riddick - Sidoti Operator Good afternoon, everyone and thank you for participating in today's conference call to discuss NV5's Financial Results for the Second Quarter 2023 Ended July 1, 2023. Joining us today are Dickerson Wright, Chairman and CEO of NV5; Edward Codispoti, CFO of NV5; Alex Hockman, President and COO of NV5; Ben Heraud, COO of NV5; and Richard Tong, Executive Vice President and General Counsel at NV5.

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