Stock Track | NV5 Global Soars 7.34% as Strong Revenue Growth and Solid Backlog Boost Investor Confidence

Stock Track

Feb 21, 2025

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.

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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.</p>\n\n<p>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.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"NVEE","symbol_name":"Nv5 Global Inc","start_time":0,"source_url":"","article_id":"1159064967","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1159064967","pubTimestamp":1740148441,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"NV5 Global Inc  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 Glob","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"NVEE":"Nv5 Global Inc"},"translate_title":"股票赛道NV5 Global飙升7.34%，强劲的收入增长和坚实的积压订单提振了投资者信心","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NVEE":1},"content_text":"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.\nThe infrastructure solutions provider reported a 10% increase in revenues, reaching $941 million in 2024, driven by robust demand across its segments. 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