NV5 Announces Record Second Quarter Results; Exceeds Analysts' Expectations


NV5 GLOBAL, INC. AND SUBSIDIARIES
RECONCILIATION OF NON-GAAP FINANCIAL MEASURES
TO COMPARABLE GAAP FINANCIAL MEASURES
(UNAUDITED)
(in thousands)

RECONCILIATION OF GROSS REVENUES TO NET REVENUES

   Three Months Ended  Six Months Ended
   June 27, 2020  June 29, 2019  June 27, 2020  June 29, 2019
Gross Revenues - GAAP $ 162,689   $ 127,974   $ 328,169   $ 245,309 
Less:Sub-consultant services(25,244) (20,044) (52,670) (36,996)
 Other direct costs(8,914) (8,410) (17,402) (18,106)
Net Revenues $ 128,531   $ 99,520   $ 258,097   $ 190,207 


RECONCILIATION OF GAAP NET INCOME TO ADJUSTED EBITDA

   Three Months Ended  Six Months Ended
   June 27, 2020  June 29, 2019  June 27, 2020  June 29, 2019
Net Income $ 4,503   $ 8,794     $ 8,691     $ 14,337  
Add: Interest expense 4,403     457     8,190     808  
  Income tax expense 2,056     346     3,462     1,863  
  Depreciation and Amortization 12,237     6,245     23,277     12,357  
  Stock-based compensation 3,501     2,369     6,880     4,167  
  Acquisition-related costs 231     238     571     238  
Adjusted EBITDA $ 26,931     $ 18,449     $ 51,071     $ 33,770  

« Previous Page 1 | 2 | 3 | 4 | 5 | 6  Next Page »
Featured Video
Editorial
Jobs
Mechanical Engineer 2 for Lam Research at Fremont, California
Mechanical Engineer 3 for Lam Research at Fremont, California
Mechanical Manufacturing Engineering Manager for Google at Sunnyvale, California
Mechanical Test Engineer, Platforms Infrastructure for Google at Mountain View, California
Manufacturing Test Engineer for Google at Prague, Czechia, Czech Republic
Equipment Engineer, Raxium for Google at Fremont, California
Upcoming Events
Celebrate Manufacturing Excellence at Anaheim Convention Center Anaheim CA - Feb 4 - 6, 2025
3DEXPERIENCE World 2025 at George R. Brown Convention Center Houston TX - Feb 23 - 26, 2025
TIMTOS 2025 at Nangang Exhibition Center Hall 1 & 2 (TaiNEX 1 & 2) TWTC Hall Taipei Taiwan - Mar 3 - 8, 2025
Automate 2025 at Detroit, Michigan, USA MI - May 12 - 15, 2025



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation GISCafe - Geographical Information Services TechJobsCafe - Technical Jobs and Resumes ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise