STOCK TITAN

NV5 Global, Inc. - NVEE STOCK NEWS

Welcome to our dedicated page for NV5 Global news (Ticker: NVEE), a resource for investors and traders seeking the latest updates and insights on NV5 Global stock.

NV5 Global, Inc. (NASDAQ: NVEE) is a leading provider of technology, conformity assessment, and consulting solutions, serving both public and private sector clients. Headquartered in Hollywood, Florida, NV5 operates over 100 offices across the United States and internationally. The company focuses on several key verticals: utility services, infrastructure engineering, construction quality assurance, buildings & technology, environmental health sciences, and geospatial services.

NV5's comprehensive suite of services includes construction inspection, office engineering, claims resolution, and constructability support for major infrastructure projects. Notably, the company has a long-standing relationship with Caltrans, providing ongoing services across multiple districts in California. Recent contracts highlight NV5's role in improving transportation infrastructure and supporting community mobility.

With a history spanning over 60 years, NV5 has built a reputation for delivering high-quality, innovative solutions tailored to client needs. Their clientele ranges from U.S. federal, state, and local governments to private sector entities, emphasizing the company's versatility and reliability in addressing diverse challenges.

NV5's recent acquisitions, such as GIS Solutions and ASG Engineering Consultants, have significantly bolstered their capabilities in geospatial technology and structural engineering. These strategic moves enhance NV5's ability to offer comprehensive design solutions and manage large-scale projects in high-growth regions like the Middle East and Asia Pacific.

Financially, NV5 exhibits robust growth, driven by an aggressive acquisition strategy and a focus on tech-enabled services that offer higher margins and scalability. The company continues to pursue opportunities in geospatial and other technology-driven sectors to expand its market footprint and deliver sustainable solutions to complex problems.

For more information, visit the company's website at www.NV5.com or follow them on LinkedIn, Twitter, Facebook, and Vimeo.

Rhea-AI Summary

NV5 Global, Inc. (Nasdaq: NVEE) will announce its second quarter financial results on August 10, 2021, after market close. An earnings conference call, led by Chairman and CEO Dickerson Wright and CFO Edward Codispoti, will take place at 4:30 p.m. Eastern the same day. Participants can join via toll-free and international numbers or through a live webcast available on the company’s website. NV5 provides compliance, technology, and engineering consulting solutions across various sectors, operating over 100 offices globally.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.65%
Tags
conferences
-
Rhea-AI Summary

NV5 Global, Inc. (Nasdaq: NVEE) announced the award of an $8 million contract by the U.S. Department of Agriculture to provide geospatial services for forestry management in Alaska. The five-year contract includes the provision of digital aerial imagery to support the USDA Forest Service's management of the Tongass and Chugach National Forests.

The data will assist in understanding forest health and sustainability trends, benefiting policy makers and resource managers.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.46%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.7%
Tags
none
Rhea-AI Summary

NV5 Global has secured a $6.3 million contract from the City of Fresno, California, to provide program management services for the Veterans Boulevard Interchange and Corridor Improvement Project. This initiative aims to expand Veterans Boulevard to a six-lane roadway and improve traffic flow by constructing a new interchange with State Route 99, featuring four bridges. The project is expected to be completed by December 2024, enhancing connectivity and reducing congestion in this significant Central Valley city.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.43%
Tags
none
-
Rhea-AI Summary

NV5 Global (Nasdaq: NVEE) announced a commitment of $275,000 to fund ten scholarships through the National Society of Black Engineers (NSBE). These scholarships will support undergraduate and graduate students across various engineering disciplines, with applicants evaluated based on essays, academic achievements, and recommendations. The initiative aims to foster diversity in the engineering field, ensuring the future of infrastructure is shaped by a talented pool of professionals. NV5 emphasizes the importance of supporting the next generation of engineers for community impact.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.49%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.31%
Tags
Rhea-AI Summary

NV5 Global, Inc. (Nasdaq: NVEE) reported Q1 2021 financial results with cash flows from operations at $48 million, up from $13.6 million in Q1 2020. Net income grew 31% to $5.5 million, and GAAP earnings per share rose 24% to $0.41. Despite weather-related project delays and COVID-19 limitations, backlog increased by 5%. The company anticipates continued growth opportunities, supported by a strong balance sheet and plans to invest in acquisitions. Full year revenue guidance is raised to $695 million - $720 million, with adjusted EPS projected between $4.05 and $4.45.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.42%
Tags
none
-
Rhea-AI Summary

NV5 Global, Inc. (Nasdaq: NVEE) has secured a $7 million LNG loading system project from a major Southeast utility. This project involves engineering, procurement, and construction services to transfer liquefied natural gas (LNG) efficiently. Work is underway and expected to conclude by April 2022. CEO Dickerson Wright highlighted the project’s significance in modernizing energy infrastructure, contributing to improved reliability and safety in gas services. The project aligns with NV5's ENERGY 2021 initiative.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.07%
Tags
none
-
Rhea-AI Summary

NV5 Global, Inc. (NASDAQ: NVEE) announced a $50 million term agreement with the New York City Department of Design and Construction (NYCDDC) for resident engineering inspection services across NYC's five boroughs. This contract represents NV5's second consecutive agreement with NYCDDC and spans three years, with an option for a one-year extension. The company has established a strong reputation in New York for its engineering services. NV5 aims to enhance infrastructure for the city's residents and businesses, reflecting a commitment to quality and timely project delivery.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.17%
Tags
none
Rhea-AI Summary

NV5 Global, Inc. (Nasdaq: NVEE) will announce its first-quarter financial results for the period ending April 3, 2021, on May 12, 2021, after market close. The earnings conference call will take place at 4:30 p.m. Eastern, led by Chairman and CEO Dickerson Wright and CFO Edward Codispoti, followed by a Q&A session. Interested participants can join via toll-free dial-in or webcast. NV5 specializes in compliance, technology, and engineering consulting solutions across various sectors.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.41%
Tags
conferences

FAQ

What is the current stock price of NV5 Global (NVEE)?

The current stock price of NV5 Global (NVEE) is $18.82 as of December 24, 2024.

What is the market cap of NV5 Global (NVEE)?

The market cap of NV5 Global (NVEE) is approximately 1.2B.

What services does NV5 Global, Inc. provide?

NV5 offers technology, conformity assessment, and consulting solutions across utility services, infrastructure engineering, construction quality assurance, buildings & technology, environmental health sciences, and geospatial services.

Where is NV5 Global, Inc. headquartered?

The company is headquartered in Hollywood, Florida.

How many offices does NV5 Global, Inc. operate?

NV5 operates over 100 offices across the United States and internationally.

What are some of NV5's recent achievements?

Recent achievements include contracts with Caltrans for transportation infrastructure projects and acquisitions like GIS Solutions and ASG Engineering Consultants to enhance geospatial and structural engineering capabilities.

Who are NV5 Global, Inc.'s clients?

Their clients include U.S. federal, state, and local governments, as well as private sector entities.

What distinguishes NV5 Global, Inc. in the market?

NV5 is distinguished by its comprehensive service offerings, strong client relationships, and strategic focus on tech-enabled services that drive scalability and profitability.

What is NV5 Global, Inc.'s growth strategy?

The company focuses on organic growth and strategic acquisitions, particularly in high-margin, tech-enabled service sectors.

How long has NV5 Global, Inc. been in business?

NV5 has a history spanning over 60 years, establishing it as a trusted provider in its industry.

What are NV5 Global, Inc.'s key market sectors?

Key sectors include infrastructure, utility services, construction, real estate, environmental markets, and geospatial technology.

Where can I find more information about NV5 Global, Inc.?

For more details, visit their website at www.NV5.com or follow them on LinkedIn, Twitter, Facebook, and Vimeo.

NV5 Global, Inc.

Nasdaq:NVEE

NVEE Rankings

NVEE Stock Data

1.22B
36.08M
44.58%
76.62%
2.97%
Engineering & Construction
Services-miscellaneous Business Services
Link
United States of America
HOLLYWOOD