NV5 Global Inc (NASDAQ:NVEE) saw its stock price soar 7.34% in Friday's pre-market trading session, following the company's impressive financial results and positive outlook shared in its Q4 2024 earnings call.
The infrastructure solutions provider reported a 10% increase in revenues, reaching $941 million in 2024, driven by robust demand across its segments. Moreover, the company's backlog hit a record high of $904 million, up 8% from the previous year, providing a solid foundation for future growth.
NV5 Global's focus on expanding its high-margin recurring tech services is expected to contribute significantly to margin expansion and long-term client engagement. The company has set an ambitious revenue target of $1.6 billion by the end of 2028, signaling its strong growth ambitions.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。