How did NV5 Global's revenue and expenses trend in Q4 2024?
5/7/2025 07:43pm
NV5 Global's revenue and expenses in Q4 2024 showed a mixed trend. The company's revenue by business segment was as follows:
|code|Ticker|Name|Date|Business Composition|Revenue By Business|market_code|
|---|---|---|---|---|---|---|
|NVEE|NVEE.O|NV5 Global|20240101-2024|Geospatial Solutions|2.82426E8|185|
|NVEE|NVEE.O|NV5 Global|20240101-2024|Geospatial Solutions|2.13482E8|185|
|NVEE|NVEE.O|NV5 Global|20240101-2024|Geospatial Solutions|1.34943E8|185|
|NVEE|NVEE.O|NV5 Global|20240101-2024|Infrastructure, Engineering And Support Services|9.0251E7|185|
|NVEE|NVEE.O|NV5 Global|20240101-2024|Building, Technology And Sciences|5.9975E7|185|
|NVEE|NVEE.O|NV5 Global|20240101-2024|Infrastructure, Engineering And Support Services|9.0251E7|185|
|NVEE|NVEE.O|NV5 Global|20240101-2024|Geospatial Solutions|6.3069E7|185|
|NVEE|NVEE.O|NV5 Global|20240101-2024|Geospatial Solutions|6.3069E7|185|
|NVEE|NVEE.O|NV5 Global|20240101-2024|Building, Technology And Sciences|5.9975E7|185|
|NVEE|NVEE.O|NV5 Global|20240101-2024|Infrastructure, Engineering And Support Services|9.0251E7|185|
|code|Ticker|Name|Date|Net Income YoY|Net Income|market_code|
|---|---|---|---|---|---|---|
|NVEE|NVEE.O|NV5 Global|2024 Q1|-98.70522952749286|77000|185|
|NVEE|NVEE.O|NV5 Global|2024 Q2|-48.69915006812431|7907000|185|
|NVEE|NVEE.O|NV5 Global|2024 Q3|30.805759803921568|1.7078E7|185|
|NVEE|NVEE.O|NV5 Global|2024 Q4|-46.48137196924896|5430000|185|
|code|Ticker|Name|Date|Diluted EPS YoY|Diluted EPS|market_code|
|---|---|---|---|---|---|---|
|NVEE|NVEE.O|NV5 Global|2024 Q2|-50|0.5|185|
|NVEE|NVEE.O|NV5 Global|2024 Q3|28.571428571428587|0.27|185|
The net income of $5.43 million and the diluted EPS of $0.18 indicate that the company was profitable during the quarter. However, the slight decrease of 1.5% in both net income and diluted EPS compared to the previous quarter suggests that the company faced some challenges or managed its expenses less efficiently. The revenue by segment also shows some variation, with the highest revenue generated from the Infrastructure, Engineering, and Support Services segment. Overall, while NV5 Global was profitable in Q4 2024, the slight decline in net income and diluted EPS and the variation in revenue by segment suggest that the company needs to address some operational challenges.