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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.

News

NV5 Awarded $5 Million Contract to Improve Wastewater Collection in California

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NV5 Global, Inc. (NVEE) has been awarded a $5 million contract by the Hi-Desert Water District to transition 4,000 San Bernardino County residences from on-site septic systems to a centralized sewer wastewater treatment system. NV5 will serve as the owner’s representative for Phases 2 and 3 of the project, providing design review, environmental compliance support, grant funding assistance, and construction management and inspection services. The project aims to decrease reliance on septic tanks and improve water infrastructure for Hi-Desert Water District customers.
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NV5 Awarded $7 Million in Contracts to Support Building Safety and Engineering Plan Review in California

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NV5 Global, a provider of technology, conformity assessment, and consulting solutions, has been awarded contracts totaling $7 million to support two California counties through engineering plan review services. The contracts include a $5 million contract by the County of San Diego and a three-year, $2 million engineering plan review contract by the Mountain House Community Services District. NV5 has been delivering engineering and consulting services to support infrastructure and development in California for over 70 years.
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NV5 Awarded $9 Million Geospatial Vegetation Management Contract by Northern California Utility

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NV5 Global, Inc. (Nasdaq: NVEE) has been awarded a $9 million contract by a Northern California utility for vegetation management. The company will use advanced remote sensing technologies to identify vegetation encroachment and hazards, delivering midcycle inspections and tree health analytics. NV5 aims to drive strong organic growth for its geospatial solutions, providing operational efficiencies and value to its clients.
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NV5 Awarded $17 Million in New Jersey Utilities Contracts

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NV5 Global, Inc. (Nasdaq: NVEE) has been awarded $17 million in contracts to support utility projects in New Jersey. The contracts include a two-year, $12 million deal with a gas utility for design, procurement, and construction inspection services, as well as a three-year, $5 million contract with the New Jersey Department of Transportation for utility technical support and management solutions. NV5 will provide engineering services for M&R station upgrades, gas transmission main replacements, and feasibility route studies, demonstrating the company's expertise in utility infrastructure development.
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NV5 Acquires Technical Design Services, Inc., Strengthens Data Center and Technology Infrastructure Design Services

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NV5 Global, Inc. (Nasdaq: NVEE) has acquired Technology Design Services, Inc. (TDSi), a provider of technology infrastructure design and consulting services. TDSi specializes in data center, technology, audio visual, security, and telecommunications systems, serving aviation, government, financial, and healthcare sectors. The acquisition, made with cash and stock, will immediately enhance NV5's earnings and strengthen its capabilities in the fast-growing data center and technology design sectors.
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NV5 Awarded $7 Million in Critical Infrastructure Contracts by the North Carolina Department of Transportation

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NV5 Global, Inc. (Nasdaq: NVEE) Awarded $7 Million Contracts by NCDOT for Critical Infrastructure Projects in North Carolina
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NV5 Announces Third Quarter Results; Exceeds Analyst Consensus

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NV5 Global, Inc. reports Q3 2023 financial results with record revenues of $239 million, a 17% increase YoY. The geospatial business and clean energy, technology, data center, and international businesses performed well. The infrastructure business grew 6% QoQ and 16% YoY. The company has a record backlog of $833 million and aims for a $1 billion revenue run rate by the end of 2024.
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NV5 to Host Third Quarter 2023 Conference Call on Thursday, November 2nd at 4:30pm ET

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NV5 Global, Inc. to announce Q3 2023 financial results on November 2, 2023
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NV5 Awards 2023 National Society of Black Engineers Scholarships

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NV5 Global, Inc. announces winners of the 2023 NV5 National Society of Black Engineers scholarship awards.
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NV5 Awarded $10 Million Geospatial Forest Resource Management Contract

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NV5 Global, Inc. has been awarded a $10 million contract by the United States Geological Survey (USGS) for geospatial lidar data collection and processing. The two-year project will support forest resource management in Oregon and Washington state. The project is jointly funded by USGS and the U.S. Forest Service and is expected to be completed in September 2025.
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FAQ

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

The current stock price of NV5 Global (NVEE) is $21.5 as of November 22, 2024.

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

The market cap of NV5 Global (NVEE) is approximately 1.4B.

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.

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NV5 Global, Inc.

Nasdaq:NVEE

NVEE Rankings

#2270 Ranked by Market Cap
N/A Ranked by Dividends

NVEE Stock Data

1.42B
57.03M
44.58%
76.58%
2.68%
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