NASDAQ$NVEE

Nv5 Global Inc · Q2 2020 earnings

Q2 2020 earnings · · Investor relations

Briefing

NV5's second quarter results exceeded analyst expectations, with increased gross revenues and adjusted earnings per share.

NV5 Global, Inc. reported record second-quarter results, exceeding analyst expectations in both gross revenues and adjusted earnings per share. The company secured large contracts and entered into an agreement to acquire Mediatech Design Group.

  • Gross Revenues increased by 27% compared to the second quarter of 2019.
  • Net Revenues increased by 29% compared to the second quarter of 2019.
  • Adjusted EPS was $0.93 per share, exceeding analyst consensus expectations of $0.59 per share.
  • Cash flows from operations were $37.1 million, a significant increase from $1.1 million in the second quarter of 2019.

Headline financials

Total Revenue

$163M

Previous: $129M+26.2%
EPS (adj)

$0.23

Previous: $0.25-8.0%
Capital Expenditures

$1.62M

Previous: $936K+73.1%
Free Cash Flow

$35.5M

Previous: $185K+19101.1%
Net Income

$4.5M

Previous: $8.79M-48.8%
Operating Income

$11M

No prior period
Gross Profit

$83.5M

Previous: $61.4M+35.8%
Cash & Equivalents

$65.2M

Previous: $44.4M+46.8%
Total Assets

$897M

Previous: $504M+77.8%
Stock-Based Comp

$3.5M

Previous: $2.37M+47.8%

Revenue & EPS history

NV5 · Revenue · Quarterly

$163M

Q2 2020+26.2%vs Q2 2019
Beat estimate in 11 of 16 quarters(69%)
ActualEstimate

Forward guidance

No forward guidance was provided in the report.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 6 quarterly earnings reports

Historical avg

+0.8%

Avg return

Earnings day

-1.7%

Avg return

5 days after

-1.7%

Avg return

30 days after

60%

29 / 48 earnings

Positive

+20.9%

Q4 2017

Best reaction

-31.7%

Q4 2018

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2025
Q1 2025+1.2%+0.7%+20.2%
Q4 2024+1.8%+4.9%+7.3%
Q3 2024-8.1%-7.8%-17.7%
Q2 2024+1.8%-2.1%-7.3%
Q1 2024+2.5%+1.5%-2.1%
Q4 2023-7.0%-7.4%-10.9%
Q3 2023+2.4%
Q2 2023-2.2%
Q1 2023+7.3%
Q4 2022-13.3%
Q3 2022-1.4%
Q2 2022-1.7%
Q1 2022-7.3%
Q4 2021+13.5%
Q3 2021+1.0%
Q2 2021+8.5%
Q1 2021-0.2%
Q4 2020-0.6%
Q3 2020+7.5%
Q2 2020+7.2%
Q1 2020+7.6%
Q4 2019-13.2%
Q3 2019-23.0%
Q2 2019-10.7%
Q1 2019+19.6%
Q4 2018-31.7%
Q3 2018+2.4%
Q2 2018+11.8%
Q1 2018+7.4%
Q4 2017+20.9%
Q3 2017-6.1%
Q2 2017+3.8%
Q1 2017+0.4%
Q4 2016+1.1%
Q3 2016+1.6%
Q2 2016-0.6%
Q1 2016+6.1%
Q4 2015+4.3%
Q3 2015-13.2%
Q2 2015+5.1%
Q1 2015+1.3%
Q4 2014+0.5%
Q3 2014+14.9%
Q2 2014-0.4%
Q1 2014+8.8%
Q4 2013+10.2%
Q3 2012-0.9%
Q3 2013-0.9%
Q2 2013
Q2 2012
Q1 2012
Q1 2013
Q4 2011

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro