NV5

NV5 Awards 2024 National Society of Black Engineers Scholarships

Retrieved on: 
Tuesday, March 5, 2024

HOLLYWOOD, Fla., March 05, 2024 (GLOBE NEWSWIRE) -- NV5 Global, Inc. (the “Company” or “NV5”) (Nasdaq: NVEE), a provider of technology, conformity assessment, and consulting solutions, announced today the winners of the 2024 NV5 National Society of Black Engineers (NSBE) scholarship awards.

Key Points: 
  • HOLLYWOOD, Fla., March 05, 2024 (GLOBE NEWSWIRE) -- NV5 Global, Inc. (the “Company” or “NV5”) (Nasdaq: NVEE), a provider of technology, conformity assessment, and consulting solutions, announced today the winners of the 2024 NV5 National Society of Black Engineers (NSBE) scholarship awards.
  • Founded in 1975, the National Society of Black Engineers is one of the largest student-governed organizations in the United States.
  • These individuals exemplify the values of NSBE, striving to become culturally responsible engineers who excel academically and contribute positively to their communities and professions.
  • “We continue to be impressed with the quality of applicants for the annual NV5 National Society of Black Engineers scholarship program, and we look forward to our ongoing NSBE partnership,” said Carl Henderson, PhD, PE, GE, Chief Diversity Officer for NV5.

NV5 Awarded $5 Million Infrastructure Mapping Services Contract by City of San Diego

Retrieved on: 
Thursday, February 29, 2024

HOLLYWOOD, Fla., Feb. 29, 2024 (GLOBE NEWSWIRE) -- NV5 Global, Inc. (the “Company” or “NV5”) (Nasdaq: NVEE), a provider of technology, conformity assessment, and consulting solutions, announced today that it has been awarded a three-year, $5 million contract by the City of San Diego to provide land surveying, mapping, and digitizing services to support municipal infrastructure projects throughout the city.

Key Points: 
  • HOLLYWOOD, Fla., Feb. 29, 2024 (GLOBE NEWSWIRE) -- NV5 Global, Inc. (the “Company” or “NV5”) (Nasdaq: NVEE), a provider of technology, conformity assessment, and consulting solutions, announced today that it has been awarded a three-year, $5 million contract by the City of San Diego to provide land surveying, mapping, and digitizing services to support municipal infrastructure projects throughout the city.
  • NV5 surveyors and geospatial professionals will deliver services for a wide array of infrastructure projects including water, wastewater, storm water pipelines, buildings, bridges, roadways, facilities, and parks.
  • This is the second time NV5 has been awarded this contract by the City of San Diego, and NV5 is currently delivering services under this new agreement.
  • “We have contributed to infrastructure improvements in the City of San Diego for many years, and we are pleased to have been selected for this latest award,” said Dickerson Wright, PE, Chairman and CEO of NV5.

NV5 Awarded $13 Million in Utility Services Contracts

Retrieved on: 
Wednesday, February 28, 2024

HOLLYWOOD, Fla., Feb. 28, 2024 (GLOBE NEWSWIRE) -- NV5 Global, Inc. (the “Company” or “NV5”) (Nasdaq: NVEE), a provider of technology, conformity assessment, and consulting solutions, announced today that it has been awarded $13 million in contracts to support utility projects in the Western U.S.

Key Points: 
  • HOLLYWOOD, Fla., Feb. 28, 2024 (GLOBE NEWSWIRE) -- NV5 Global, Inc. (the “Company” or “NV5”) (Nasdaq: NVEE), a provider of technology, conformity assessment, and consulting solutions, announced today that it has been awarded $13 million in contracts to support utility projects in the Western U.S.
    NV5 has been awarded a one-year, $8 million contract to deliver engineering, design, and surveying services for a wildfire protection and prevention program that aims to reduce fire risks from overhead utilities on the West Coast.
  • A West Coast utility also selected NV5 for a two-year, $3.5 million contract to provide engineering design, survey, construction inspection, geotechnical engineering, and project management support on a gas transmission main.
  • NV5 has also secured a one-year, $1.5 million project for utility initiatives that ensure regulatory compliance for transmission pipelines.
  • “Maintaining the safety and reliability of utility infrastructure is paramount to safeguarding communities and ensuring uninterrupted service delivery,” said Dickerson Wright, PE, Chairman and CEO of NV5.

NV5 Announces Fourth Quarter and Full Year 2023 Results; Issues Full Year 2024 Guidance

Retrieved on: 
Thursday, February 22, 2024

Net income in the fourth quarter of 2023 was $9.9 million compared to $8.0 million in the fourth quarter of 2022, a 24% increase.

Key Points: 
  • Net income in the fourth quarter of 2023 was $9.9 million compared to $8.0 million in the fourth quarter of 2022, a 24% increase.
  • Adjusted EBITDA in the fourth quarter of 2023 was $37.3 million compared to $32.5 million in the fourth quarter of 2022, a 15% increase.
  • Diluted weighted average shares outstanding were 15,549,654 in the fourth quarter of 2023 compared to 15,320,123 in the fourth quarter of 2022.
  • Diluted weighted average shares outstanding were 15,549,654 in the fourth quarter of 2023 compared to 15,320,123 in the fourth quarter of 2022.

CTA Construction Managers Celebrates Completion of Sgt. Jordan Shay Memorial Lower Elementary School

Retrieved on: 
Friday, February 16, 2024

AMESBURY, Mass., Feb. 16, 2024 /PRNewswire/ -- Construction of the Sgt. Jordan Shay Memorial Lower Elementary School was completed in time for the 2023-2024 academic year. CTA Construction also completed the renovation of the adjacent Cashman Elementary School earlier this year. "We very much enjoyed working with the city of Amesbury and Mayor Gove on such a hugely beneficial project for the community," said Jeff Hazelwood, Principal, CTA Construction.

Key Points: 
  • Jordan Shay Memorial Lower Elementary School was completed in time for the 2023-2024 academic year.
  • CTA Construction also completed the renovation of the adjacent Cashman Elementary School earlier this year.
  • Jordan Shay Memorial Foundation has already awarded over $229,000 in innovative grants for teachers and scholarships for graduating Amesbury students.
  • CTA Construction Managers LLC has completed 45 school construction projects for communities in Massachusetts.

NV5 to Host Fourth Quarter and Full Year 2023 Conference Call on Thursday, February 22nd at 4:30pm ET

Retrieved on: 
Tuesday, January 30, 2024

HOLLYWOOD, Fla., Jan. 30, 2024 (GLOBE NEWSWIRE) -- NV5 Global, Inc. (the “Company” or “NV5”) (Nasdaq: NVEE), a provider of technology, conformity assessment, and consulting solutions, will announce its financial results for the fourth quarter ended December 30, 2023 on Thursday, February 22, 2024, following the close of the markets.

Key Points: 
  • HOLLYWOOD, Fla., Jan. 30, 2024 (GLOBE NEWSWIRE) -- NV5 Global, Inc. (the “Company” or “NV5”) (Nasdaq: NVEE), a provider of technology, conformity assessment, and consulting solutions, will announce its financial results for the fourth quarter ended December 30, 2023 on Thursday, February 22, 2024, following the close of the markets.
  • The Company will host an earnings conference call at 4:30 p.m. Eastern time the same day.
  • NV5 Chairman and CEO, Dickerson Wright, and Chief Financial Officer, Edward Codispoti, will host the call followed by a question and answer session.

NV5 Acquires CHW Professional Consultants, Strengthening Florida Infrastructure Design and Survey Services

Retrieved on: 
Thursday, January 25, 2024

HOLLYWOOD, Fla., Jan. 25, 2024 (GLOBE NEWSWIRE) -- NV5 Global, Inc. (the “Company” or “NV5”) (Nasdaq: NVEE), a provider of technology, conformity assessment, and consulting solutions, announced today that it has acquired CHW Professional Consultants (CHW), a leading provider of engineering and infrastructure consulting services in Florida.

Key Points: 
  • HOLLYWOOD, Fla., Jan. 25, 2024 (GLOBE NEWSWIRE) -- NV5 Global, Inc. (the “Company” or “NV5”) (Nasdaq: NVEE), a provider of technology, conformity assessment, and consulting solutions, announced today that it has acquired CHW Professional Consultants (CHW), a leading provider of engineering and infrastructure consulting services in Florida.
  • Founded in 1988, CHW operates out of four offices in Gainesville, Ocala, Jacksonville, and Fort Myers, complementing NV5’s existing Florida offices by bringing full-service engineering capabilities and densifying NV5’s platform throughout the state.
  • CHW’s 130 employees specialize in surveying and mapping, civil and transportation engineering, landscape architecture, program management, planning, and environmental services.
  • “The acquisition of CHW strengthens our ability to support infrastructure and development in the fastest growing regions of Florida and gives NV5 access to premier public and private sector clients,” said Dickerson Wright, PE, Chairman and CEO of NV5.

NV5 Awarded $7 Million in Contracts to Support Building Safety and Engineering Plan Review in California

Retrieved on: 
Thursday, December 14, 2023

NV5 was awarded a $5 million contract by the County of San Diego to support the Building Services Division through plan check services for residential, commercial, and utilities projects.

Key Points: 
  • NV5 was awarded a $5 million contract by the County of San Diego to support the Building Services Division through plan check services for residential, commercial, and utilities projects.
  • NV5 was also selected for a three-year, $2 million engineering plan review contract by the Mountain House Community Services District (MHCSD).
  • NV5 has assisted Mountain House with plan review services since 2006 and has reviewed hundreds of unique engineering plans and documents.
  • “NV5 has delivered engineering and consulting services to support infrastructure and development in California for over 70 years,” said Dickerson Wright, PE, Chairman and CEO of NV5.

NV5 Awarded $9 Million Geospatial Vegetation Management Contract by Northern California Utility

Retrieved on: 
Tuesday, December 12, 2023

HOLLYWOOD, Fla., Dec. 12, 2023 (GLOBE NEWSWIRE) -- NV5 Global, Inc. (the “Company” or “NV5”) (Nasdaq: NVEE), a provider of technology, conformity assessment, and consulting solutions, announced today that it has been awarded a one-year, $9 million contract by a Northern California utility for vegetation management designed to minimize vegetation encroachment on the utility’s transmission system.

Key Points: 
  • HOLLYWOOD, Fla., Dec. 12, 2023 (GLOBE NEWSWIRE) -- NV5 Global, Inc. (the “Company” or “NV5”) (Nasdaq: NVEE), a provider of technology, conformity assessment, and consulting solutions, announced today that it has been awarded a one-year, $9 million contract by a Northern California utility for vegetation management designed to minimize vegetation encroachment on the utility’s transmission system.
  • During the initial phase of the project, NV5 will utilize advanced remote sensing technologies to identify vegetation encroachment and hazards.
  • "Effective vegetation management is essential to maintaining the safety and reliability of electrical utility infrastructure in the West and across the country,” said Dickerson Wright, PE, Chairman and CEO of NV5.
  • “We are proud to work with our clients to provide operational efficiencies and value to their vegetation management programs.”

NV5 Awarded $17 Million in New Jersey Utilities Contracts

Retrieved on: 
Monday, November 20, 2023

HOLLYWOOD, Fla., Nov. 20, 2023 (GLOBE NEWSWIRE) -- NV5 Global, Inc. (the “Company” or “NV5”) (Nasdaq: NVEE), a provider of technology, conformity assessment, and consulting solutions, announced today that it been awarded $17 million in contracts to support utility projects in New Jersey.

Key Points: 
  • HOLLYWOOD, Fla., Nov. 20, 2023 (GLOBE NEWSWIRE) -- NV5 Global, Inc. (the “Company” or “NV5”) (Nasdaq: NVEE), a provider of technology, conformity assessment, and consulting solutions, announced today that it been awarded $17 million in contracts to support utility projects in New Jersey.
  • NV5 has been awarded a two-year, $12 million contract by a New Jersey gas utility to provide comprehensive design, procurement, and construction inspection services on various improvement projects.
  • NV5 has also secured a three-year, $5 million contract to provide utility technical support and utility management solutions for the New Jersey Department of Transportation (NJDOT).
  • “We are dedicated to contributing to the ongoing development of safe and reliable utility services, and these projects are expected to contribute to the increased organic growth of NV5.”