NV5 Announces Record Second Quarter 2019 Results and Increases Full Year Revenue Guidance

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Go back to NV5 Announces Record Second Quarter 2019 Results and Increases Full Year Revenue Guidance

NV5 Global (NVEE) Tops Q2 EPS by 6c; Raises FY19 Revenue Guidance, FY19 EPS Guidance

August 7, 2019 6:01 PM EDT

NV5 Global (NASDAQ: NVEE) reported Q2 EPS of $1.00, $0.06 better than the analyst estimate of $0.94. Revenue for the quarter came in at $128.9 million versus the consensus estimate of $129.48 million.

Second Quarter 2019 Financial Highlights

Total Revenues for the quarter were $128.9 million, an increase of 23% year-over-year. Gross Revenues - GAAP for the quarter were $128.0 million, an increase of 23% year-over-year.Net Revenues for the quarter were $99.5 million, an increase of 18% year-over-year.Organic revenue growth for the quarter was 6% compared to the period ended March 30, 2019.EBITDA for the quarter was $15.8 million or... More