NV5 Guides for $1.6 Billion in Annual Revenue by 2028; Shares Up

MT Newswires Live

2025/01/08

NV5 (NVEE) shares were up 2.1% Wednesday morning after the company said it is targeting to reach $1.6 billion in annual revenue by 2028.

The environmental consulting services firm said it started this year with a budget of over $1 billion in gross revenue.

The revenue target is expected to be driven "by organic growth" of the company's "existing capabilities," together with "investments in strategic acquisitions in tech-based solutions and high-growth sectors," said NV5 Chief Executive Ben Heraud.

Price: 18.77, Change: +0.27, Percent Change: +1.46

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