Reports Q1 revenue $213.3M, consensus $208.42M. “NV5 delivered strong first quarter results in revenue and profitability, exceeding our budget and analyst consensus for revenue and growing cash flows from operations 73% versus the first quarter of 2023. The company is seeing tremendous revenue growth in services for artificial intelligence (AI) data centers, and we believe we have become a leader in infrastructure design and commissioning for the AI data center market, with customers coming to us for their international and domestic data center facilities.”
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NVEE:
- NV5 Awarded $19.5 Million Contract by the California Department of Transportation, Expands Presence in Southern California
- NV5 Global awarded $19.5M contract by Caltrans
- NV5 Global expands strategic collaboration with Cadence Design Systems
- NV5 Global awarded $13M in data center mission critical contracts
- NV5 Acquires GIS Solutions, Inc, Enhances Geospatial Application Development and Cloud Services for Departments of Transportation