2024-02-22 22:42:06 ET
NV5 Global, Inc. (NVEE)
Q4 2023 Earnings Conference Call
February 22, 2024, 04:30 PM ET
Company Participants
Richard Tong - EVP and General Counsel
Dickerson Wright - Chairman and CEO
Edward Codispoti - CFO
Alex Hockman - President and COO
Ben Heraud - COO
Dan Levine - President, Geospatial
Conference Call Participants
Chris Moore - CJS Securities
Andy Wittmann - Baird
Rob Brown - Lake Street Capital Markets
Tim Mulrooney - William Blair
Jeff Martin - ROTH Capital Partners
Michael Feniger - Bank of America
Presentation
Operator
Ladies and gentlemen, good afternoon, and thank you for participating in today's conference call to discuss NV5's Financial Results for the Fourth Quarter and Full Year 2023 ended December 30, 2023.
Joining us today are Dickerson Wright, Chairman and CEO of NV5; Edward Codispoti, CFO of NV5; Alex Hockman, President and COO of NV5; Ben Heraud, COO of NV5; Dan Levine, President of 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. You may begin.
Richard Tong
Thank you, operator. Welcome, everyone to NV5's fourth quarter and full year 2023 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 the fourth quarter 2023 comparisons are being made against the fourth quarter of 2022, and any reference to full year 2023 comparisons are being made to full year 2022.
In this presentation, NV5 has included 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. In addition, other companies may define non-GAAP measures differently, which limits the ability of investors to compare non-GAAP measures of NV5 to those used by peer companies. A reconciliation of non-GAAP and GAAP measures is included in the appendix to this presentation.
We will begin the call with comments from Dickerson Wright, Chairman and CEO of NV5, before turning the call over to Edward Codispoti, Chief Financial Officer, for a review of fourth quarter and full year 2023 results. Dickerson Wright will then provide closing comments before we open the call for your questions....
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NV5 Global, Inc. (NVEE) Q4 2023 Earnings Call Transcript