NASDAQ$NVEE

Nv5 Global Inc · Q3 2020 earnings

Q3 2020 earnings · · Investor relations

Briefing

Reported record results and exceeded analysts' expectations.

NV5 Global, Inc. reported a strong third quarter with a 30% increase in gross revenues and a 33% increase in net income compared to the third quarter of 2019. The company exceeded analyst expectations for gross revenues and adjusted earnings per share. They also generated $21.7 million in cash flows from operations and paid down $27.8 million in principal under their credit facility.

  • Gross Revenues grew by 30% to $169.9 million, exceeding analyst consensus expectations by 9%.
  • Net income increased to $7.8 million compared to $5.8 million in the third quarter of 2019.
  • Adjusted EBITDA grew by 70% to $29.9 million compared to $17.6 million in the third quarter of 2019.
  • Adjusted EPS was $1.13 per share, exceeding analyst consensus expectations of $0.70 per share by 61%.

Headline financials

Total Revenue

$170M

Previous: $132M+28.7%
EPS (adj)

$0.28

Previous: $0.20+40.0%
Capital Expenditures

$2.2M

Previous: $184K+1094.0%
Free Cash Flow

$19.5M

Previous: $3.94M+394.5%
Net Income

$7.75M

Previous: $5.84M+32.7%
Operating Income

$14.2M

No prior period
Gross Profit

$86.8M

Previous: $63.5M+36.6%
Cash & Equivalents

$64M

Previous: $31.4M+103.7%
Total Assets

$883M

No prior period
Stock-Based Comp

$4.02M

Previous: $2.82M+42.5%

Revenue & EPS history

NV5 · Revenue · Quarterly

$170M

Q3 2020+28.7%vs Q3 2019
Beat estimate in 11 of 16 quarters(69%)
ActualEstimate

Forward guidance

The company continues to see a solid pipeline of opportunities as they enter the fourth quarter and beyond.

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

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