NV5: Q4 Earnings Snapshot

Associated Press Finance
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HOLLYWOOD, Fla. (AP) — HOLLYWOOD, Fla. (AP) — NV5 Global, Inc. (NVEE) on Thursday reported fourth-quarter profit of $9.9 million.

On a per-share basis, the Hollywood, Florida-based company said it had net income of 64 cents. Earnings, adjusted for one-time gains and costs, came to $1.14 per share.

The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.22 per share.

The engineering services provider posted revenue of $215.5 million in the period.

For the year, the company reported profit of $44.6 million, or $2.88 per share. Revenue was reported as $861.7 million.

NV5 expects full-year earnings in the range of $5 to $5.06 per share, with revenue in the range of $930 million to $935 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on NVEE at https://www.zacks.com/ap/NVEE

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