NV5 Announces Record First Quarter 2019 Results and Raises Full Year 2019 Guidance
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NV5 Global (NVEE) Tops Q1 EPS by 8c, Revenues Beat; Raises FY19 EPS/Revenue Guidance Above Consensus
May 8, 2019 4:54 PM EDTNV5 Global (NASDAQ: NVEE) reported Q1 EPS of $0.76, $0.08 better than the analyst estimate of $0.68. Revenue for the quarter came in at $118 million versus the consensus estimate of $113.32 million.
Total Revenues for the quarter were $118.0 million, an increase of 24% year-over-year. Gross Revenues GAAP for the quarter were $117.3 million, an increase of 24% year-over-year.Net Revenues for the quarter were $90.7 million, an increase of 18% year-over-year.Organic revenue growth for the quarter was 5%. Organic growth is measured by internal growth of our existing business plus growth from acquisitions.EBITDA for the quarter was $13.5... More