Financial Performance - Revenue increased by 35.3% to $234.5 million in 2Q25 compared to 2Q24[12] - YTD25 revenue increased by 25.5% to $412.4 million compared to YTD24[14] - Net income improved by $28.5 million to $18.4 million in 2Q25[19] - Consolidated Adjusted EBITDA increased by 69.8% to $39.6 million in 2Q25[26] - Consolidated Adjusted EBITDA as a percentage of revenue increased by 340 bps to 16.9% in 2Q25[26] Strategic Priorities and Guidance - The company increased expected FY25 revenue range, expecting 17% growth over FY24[11] - The company increased expected Consolidated Adjusted EBITDA range, expecting 19% growth over FY24[11] - The company expects organic growth at or above 7% to 9% range in 2025[29] Segment Performance - Assessment, Permitting & Response segment revenue increased to $103.9 million in 2Q25[65] - Measurement & Analysis segment revenue increased to $62.8 million in 2Q25[68] - Remediation & Reuse segment revenue increased to $67.8 million in 2Q25[76]

Core Insights - NV5 has been awarded over $20 million in contracts by the New York City Department of Parks and Recreation for engineering design and construction management to improve parks and recreational facilities [1][2][3] - The company has a 20-year relationship with NYC Parks, supporting the design and construction of over 1,700 parks and recreational spaces [1][3] - The improvements aim to enhance user experience and quality of life, providing attractive and resilient amenities for various recreational programs [2][3] Company Overview - NV5 Global, Inc. is a leading provider of tech-enabled engineering, testing, inspection, and consulting solutions for the built environment [4] - The company specializes in engineering design, asset management, and geospatial data analytics to support infrastructure resilience and building systems performance [4] - NV5 operates from more than 100 offices nationwide and internationally [4]

Summary of Montrose Environmental Group (MEG) FY Conference Call Company Overview - **Company**: Montrose Environmental Group (MEG) - **Industry**: Environmental Solutions - **Segments**: Consulting, Testing, and Remediation - **Core Focus**: Addressing environmental challenges related to air, water, and soil quality [2][7] Key Points and Arguments Growth and Financial Performance - **Organic Growth**: Core organic growth was high single digits last year and is expected to remain in the same range this year [3][10] - **Revenue Growth**: Since its IPO in 2020, MEG has been growing approximately 25% annually, with organic growth contributing about 13% [10][15] - **Customer Retention**: The company boasts a 96% retention rate of revenue from existing clients, indicating strong customer loyalty [11] - **Cross-Selling Opportunities**: Only 2% of the 6,000 customers use more than two services, highlighting significant potential for cross-selling [13] Market Position and Strategy - **Unique Service Integration**: MEG is noted for its unique combination of consulting, testing, and treatment services, which 85% of surveyed clients expressed interest in [8] - **Client Base**: Primarily serves private sector clients, including Fortune 500 companies, which is relatively unique in the industry [8] - **Intellectual Property**: The company holds 24 patents and is leveraging software and machine learning to enhance service offerings [9] Regulatory Environment and Political Dynamics - **Tailwinds from Regulations**: The current administration's policies are creating more tailwinds than headwinds for MEG, contrary to expectations [17][19] - **Bipartisan Support**: There is broad bipartisan support for environmental regulations, which are not in political crosshairs, ensuring continued demand for MEG's services [19] - **Impact of PFAS Regulations**: Recent clarity on PFAS regulations has led to increased client activity and demand for MEG's services [36][38] Financial Outlook - **Revenue and EBITDA Growth**: The company expects organic revenue growth of 7-9% and organic EBITDA growth to exceed that rate [22] - **Cash Flow**: Anticipated improvement in cash flow conversion above 50% of adjusted EBITDA [26] - **Margin Improvement**: Operating margins are expected to improve due to operating leverage and optimization of processes [27] Acquisition Strategy - **Pause on Acquisitions**: MEG is currently pausing acquisitions to focus on internal operations and optimizing its business structure [24][25] - **Future Acquisition Potential**: The company plans to resume acquisitions when strategically beneficial, supported by a strong balance sheet [25] Additional Important Insights - **Federal Revenue Exposure**: MEG's exposure to US federal revenue is low, around 2.5-3%, minimizing the impact of federal spending cuts [51] - **Market Dynamics**: The company is experiencing growth in its international business, which represents about 20% of total revenue, particularly in Canada, Europe, and Australia [21] - **Client Behavior**: Clients are maintaining their strategies and not significantly altering their approaches despite political changes, which is encouraging for MEG's outlook [18][68] This summary encapsulates the key points discussed during the Montrose Environmental Group FY Conference Call, highlighting the company's growth trajectory, market position, regulatory environment, and financial outlook.

Core Points - NV5 announced the winners of the 2025 NSBE scholarship awards, recognizing ten scholars for their academic excellence in engineering and related fields [1][2] - The NSBE scholarship program supports undergraduate and graduate students pursuing careers in civil, electrical, and mechanical engineering, geomatics, and computer science [2] - The National Society of Black Engineers, founded in 1975, is one of the largest student-governed organizations in the U.S., promoting diversity and inclusion in the engineering field [3] Company Overview - NV5 Global, Inc. is a leading provider of tech-enabled engineering, testing, inspection, and consulting solutions for the built environment, specializing in engineering design, asset management, and geospatial data analytics [6] - The company operates over 100 offices nationwide and internationally, supporting infrastructure resilience and building systems performance throughout the asset lifecycle [6] Scholarship Selection Criteria - Scholarship recipients were selected based on personal essays, academic achievements, community involvement, and professional endorsements, reflecting NSBE's values and commitment to academic excellence [5]

Core Viewpoint - NV5 Global, Inc. reported strong financial results for the first quarter of 2025, with significant increases in revenue and cash flows, positioning the company for continued growth throughout the year [2][3]. Financial Performance - Gross revenues for Q1 2025 increased by 10% to $234.0 million from $212.6 million in Q1 2024, with 5% of this growth being organic [4][2]. - Net income surged by 456% to $0.4 million compared to $0.1 million in the same quarter of 2024, with GAAP EPS rising to $0.01 per share from $0.00 [5][6]. - Cash flows from operations reached $38 million, marking a 96% increase from $19.6 million in Q1 2024 [5][6]. Adjusted Metrics - Adjusted EBITDA rose by 8% to $29.7 million from $27.6 million year-over-year [6]. - Adjusted EPS grew by 13% to $0.17 per share compared to $0.15 per share in Q1 2024 [6]. Acquisitions and Growth Strategy - The three acquisitions completed in Q1 2025 had minimal immediate financial impact but are expected to enhance the company's expansion in key geographies and accelerate organic growth [3]. - The company reaffirmed its full-year 2025 guidance for revenue and earnings per share, supported by a strong backlog and pipeline of opportunities [3].