NV5 Global Inc
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Industrials : Construction & Engineering | Small Cap Growth
Company profile

NV5 Global, Inc. is a provider of professional and technical engineering and consulting solutions. The Company offers its solutions to public and private sector clients in the infrastructure, utility services, construction, real estate, and environmental markets. The Company operates through three segments: Infrastructure (INF), Building, Technology & Sciences (BTS) and Geospatial Solutions (GEO). Its INF segment, which includes the Company's engineering, civil program management, utility services, and construction quality assurance, testing and inspection practices. Its BTS segment, which includes the Company's environmental health sciences, buildings and program management, and Mechanical, Electrical, and Plumbing (MEP) and technology engineering practices. Its GEO segment, which includes the Company's geospatial solution practices.

Closing Price
Day's Change
4.29 (3.91%)
B/A Size
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Day's Low
(Heavy Day)

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Palantir stock sinks after outlook falls short, though company sees 'wide range of potential upside'

7:22 am ET May 9, 2022 (MarketWatch)

Shares of Palantir Technologies Inc. (PLTR) were sinking 12% in premarket trading Monday after the software company fell short of expectations with its latest earnings and outlook. The company reported a first-quarter net loss of $101.4 million, or 5 cents a share, down from $123.5 million, or 7 cents a share, in the year-prior quarter. On an adjusted basis, Palantir earned 2 cents a share, compared with 4 cents a share a year earlier, while analysts tracked by FactSet had been modeling 4 cents a share. Revenue increased to $446.4 million from $341.2 million a year before and came in slightly ahead of the FactSet consensus, which was for $443 million. For the second quarter, Palantir expects revenue of $470 million, below the FactSet consensus, which was for $484 million. "There is a wide range of potential upside to our guidance, including those driven by our role in responding to developing geopolitical events," the company said in its release. It also anticipates an adjusted operating margin of 27% for the second quarter. Shares of Palantir have lost about 32% over the past three months as the S&P 500 has declined roughly 10%.

-Emily Bary


(END) Dow Jones Newswires

May 09, 2022 07:22 ET (11:22 GMT)

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