NV5 Global Inc
NVEE
ISIN US62945V1098 / Valor 20579500
NV5 Global Inc
UMushroom community rating:
About company
NV5 Global Inc is a provider of technology, conformity assessment, and consulting solutions for public and private sector clients, offering services through six business verticals including Construction Quality Assurance, Infrastructure, Utility Services, Environmental Health Sciences, Buildings & Technology, and Geospatial Technology. With a presence nationwide and abroad, NV5 assists clients in planning, designing, building, testing, certifying, and operating projects aimed at enhancing communities.
Summarized from source with an LLMView SourceSector: FinanceLatest Results (07.08.2024):
Revenue Growth
NV5 Global Inc. reported gross revenues of $215.5 million for the fourth quarter of 2023, marking a 14% increase compared to $189.8 million in the same period of 2022. This growth was driven by strong organic growth in their core business sectors, particularly in infrastructure and transportation.
Net Income Increase
For the fourth quarter of 2023, NV5 Global Inc. achieved a net income of $9.9 million, which represents a 24% increase from the $8.0 million reported in the fourth quarter of 2022. This improvement highlights the company's effective cost management and operational efficiency.
Adjusted EBITDA
NV5 Global Inc. reported an adjusted EBITDA of $37.3 million for the fourth quarter of 2023, a 15% increase from the $32.5 million recorded in the same quarter of the previous year. This growth reflects the company's enhanced profitability and operational performance.
Full Year Revenue
For the full year 2023, NV5 Global Inc. reported gross revenues of $861.7 million, a 10% increase from $786.8 million in 2022. This annual growth underscores the company's successful expansion and strategic acquisitions throughout the year.
2024 Financial Guidance
NV5 Global Inc. has issued its financial guidance for the full year 2024, projecting gross revenues between $930 million and $935 million. The company also anticipates GAAP EPS to be between $2.86 and $2.92 per share, and adjusted EPS to range from $5.00 to $5.06 per share, indicating continued growth and profitability.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
1523 M
Market cap (USD)
191,398
Daily traded volume (Shares)
19 / 18.65
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
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P/E ratio
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EPS (USD)
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Ratings & reviews
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