Reports preliminary Q3 revenue $250.89M, consensus $252.11M. “NV5 delivered record results in the third quarter in gross revenues and Adjusted EBITDA1, as well as improved profit margins. These results were driven by strong organic growth throughout our operations, and we have now achieved our targeted annual revenue run rate of over $1 billion. NV5 enters the fourth quarter with tailwinds from both a record backlog and substantial industry investments for our services. We anticipate strong growth for the remainder of 2024 and entering the new year,” said Dickerson Wright, Executive Chairman of NV5.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on NVEE:
- NV5 Global awarded $7M lake Havasu Bridge, Roadway Infrastructure contract
- ai-driven-data-center-infrastructure" target="_blank" style="color:blue" rel="nofollow noopener">NV5 Global awarded $14M to advance global AI-driven data center infrastructure
- NVEE Earnings this Week: How Will it Perform?
- NV5 Global awarded $26M to support utility grid efficiency, reliability
- NV5 Global announces acquisition of Kisebach Consulting, Senergy BCS
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.