Recap: NV5 Global Q1 Earnings

NV5 Global (NASDAQ:NVEE) reported its Q1 earnings results on Thursday, May 4, 2023 at 04:01 PM. Here’s what…

NV5 Global (NASDAQ:NVEE) reported its Q1 earnings results on Thursday, May 4, 2023 at 04:01 PM.

Here’s what investors need to know about the announcement.

Earnings

NV5 Global beat estimated earnings by 6.02%, reporting an EPS of $0.88 versus an estimate of $0.83.

Revenue was down $5.84 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.34 which was followed by a 12.52% drop in the share price the next day.

Here’s a look at NV5 Global’s past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 1.55 1.45 1.35 0.91
EPS Actual 1.21 1.50 1.49 0.99
Revenue Estimate 203.98M 203.74M 198.31M 177.33M
Revenue Actual 189.82M 204.07M 202.73M 190.15M

To track all earnings releases for NV5 Global visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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