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

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NV5 Global, Inc. awarded $16 million extension and $9 million task order by NYCDDC
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NV5 Announces Second Quarter Results; Exceeds Analyst Consensus

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NV5 Global, Inc. reports financial results for Q2 2023 with gross revenues of $222.6 million, a 10% increase compared to Q2 2022. Gross profit also increased by 11% to $110.3 million. Net income was $15.4 million, impacted by increases in amortization and interest expense. Adjusted EBITDA was $35.0 million, affected by lower income from real estate and LNG businesses. GAAP EPS was $1.00 per share and adjusted EPS was $1.29 per share. For the six months ended July 1, 2023, gross revenues were $407.0 million, a 4% increase, and gross profit was $206.3 million, a 7% increase. Net income was $21.4 million. Adjusted EBITDA was $62.7 million. GAAP EPS was $1.39 per share and adjusted EPS was $2.16 per share.
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NV5 Acquires Red Technologies, Strengthens Data Center and Mission Critical Services in Asia Pacific

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NV5 Global, Inc. has acquired Red Technologies, a provider of IT and utility infrastructure services for data centers. The acquisition was made with cash and stock and will immediately boost NV5's earnings. Red Technologies' clients include major international technology and financial services companies. The data center market is growing rapidly, especially in the Asia Pacific Region due to the deployment of 5G service and increased reliance on smartphones and cloud services.
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NV5 Awarded $16 Million Contract for Combined Sewer Overflow Reduction by the New York City Department of Environmental Protection

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NV5 to Host 2023 Investor Day on Thursday, July 27th

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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.

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NV5 Global, Inc.

Nasdaq:NVEE

NVEE Rankings

#2382 Ranked by Market Cap
N/A Ranked by Dividends

NVEE Stock Data

1.22B
36.08M
44.58%
76.62%
2.97%
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