NV5 Announces Strong Fourth Quarter and Full Year 2019 Results

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NV5 Global (NVEE) Misses Q4 EPS by 15c, Revenues Miss; Offers FY20 EPS/Revenue Guidacne

February 26, 2020 4:39 PM EST

NV5 Global (NASDAQ: NVEE) reported Q4 EPS of $0.64, $0.15 worse than the analyst estimate of $0.79. Revenue for the quarter came in at $133.8 million versus the consensus estimate of $140.9 million.

Fourth Quarter 2019 Financial Highlights

Total Revenues for the fourth quarter of 2019 were $133.8 million from $116.1 million in the fourth quarter of 2018. Gross Revenues - GAAP for the fourth quarter of 2019 were $132.6 million from $115.3 million in the fourth quarter of 2018. QSI had revenues in the month of December 2019 of $13.3 million. The acquisition closed on December 20, 2019, which was later in the month than originally anticipated... More