NV5 Global, Inc. (NASDAQ:NVEE) Q3 2024 Earnings Conference Call November 7, 2024 4:30 PM ET

Company Participants

Dickerson Wright - Executive Chairman of NV5
Edward Codispoti - CFO of NV5
Alex Hockman - CEO of NV5 Infrastructure
Ben Heraud - CEO of NV5 Buildings and Technology
Kurt Allen - Senior Vice President, Geospatial at NV5
Richard Tong - Executive Vice President and General Counsel at NV5

Conference Call Participants

Chris Moore - CJS Securities
Rob Brown - Lake Street
Luke McFadden - William Blair
Jeff Martin - Roth Capital Partners
Nandita Nayar - Bank of America
Andy Wittmann - Baird

Operator

Good afternoon, everyone, and thank you for participating in today's Conference Call to discuss NV5's Financial Results for the Third Quarter 2024 ended in July 29, 2024.

Joining us today are Dickerson Wright, Executive Chairman of NV5, Edward Codispoti, CFO of NV5, Alex Hockman, CEO of NV5 Infrastructure, Ben Heraud, CEO of NV5 Buildings and Technology, Kurt Allen, Senior Vice President, Geospatial at NV5; and Richard Tong, Executive Vice President and General Counsel at NV5.

I would now like to turn the call over to Richard Tong.

Richard Tong

Thank you, operator. Welcome everyone to NV5's third quarter 2024 earnings call. Before we proceed, I would like to notify all participants that today's presentation can be found on ir.nv5.com and remind everyone that today's discussion contains forward-looking statements about the company's future business and financial performance. These are based on management's current expectations and are subject to risks and uncertainties.

Factors that could cause actual results to differ materially from these statements are included in today's presentation slides and in our reports on file with the SEC. During this call, GAAP and non-GAAP financial measures will be discussed. A reconciliation between the two is available in today's earnings release and on the company's website at www.nv5.com.

Please note that unless otherwise stated, all references to third quarter 2024 comparisons are being made against the third quarter of 2023. In this presentation, NV5 has included certain non-GAAP financial measures as defined in Regulation G promulgated under the Securities and Exchange Act of 1934 as amended. The non-GAAP financial measures included in this presentation are adjusted earnings per share and adjusted EBITDA. NV5 provides non-GAAP financial measures to supplement GAAP measures as they provide additional insight into NV5's financial results. However, non-GAAP measures have limitations as analytical tools and should not be considered in isolation and are not in accordance or a substitute for GAAP.