HOLLYWOOD, Fla., Oct. 03, 2017 (GLOBE NEWSWIRE) -- NV5 Global, Inc. (the “Company” or “NV5”) (Nasdaq:NVEE), a provider of professional and technical engineering and consulting solutions, today announced that it was ranked 13th on Fortune Magazine’s 100 Fastest Growing Companies List in 2017. The top 100 three-year performers were ranked according to revenues, profits, and stock returns. NV5 was ranked among technology giants Facebook and Amazon, (#6 and #9, respectively), and well-known brands such as Grubhub (#24), Nutrisystem (#37), Skechers (#45), Ulta Beauty (#56), and Norwegian Cruise Lines (#60). A more detailed description of Fortune Magazine’s methodology is provided below. The complete list can be accessed here.
Dickerson Wright, PE, Chairman and CEO of NV5, said, “NV5 is one of only a handful of engineering companies to receive this prestigious recognition. We are honored to be featured in a respected financial publication like Fortune that is widely read by our investors and employees. NV5 has realized success by sticking to the same formula on which our company was founded: a flat organization that empowers entrepreneurial leaders in each of our service lines, growing markets with high barriers to entry, and driving stock deep into our organization so that we are all partners with a stake in NV5’s achievements. I am proud of our team and what we have accomplished so far. We have so much to look forward to in the future.”
To qualify, a company—domestic or foreign—must be trading on a major U.S. stock exchange; report data in U.S. dollars; file quarterly reports with the SEC; have a minimum market capitalization of $250 million; and have been trading continuously since June 30, 2014. Companies must have posted an annualized growth in revenue and earnings per share of at least 15% annually over the three years. Companies that meet these criteria are ranked by revenue growth rate, EPS growth rate, and three-year annualized total return for the period ended June 30, 2017.
About Fortune Magazine
Fortune is a global leader in business journalism with major franchises including the Fortune 500 and the Fortune 100 Best Companies to Work For. Fortune Live Media extends the brand’s mission into live settings, hosting a wide range of annual conferences, including the Fortune Global Forum. To read more about Fortune or the Fastest Growing Companies List, see the magazine’s website.
NV5 Global, Inc. (NASDAQ:NVEE) is a provider of professional and technical engineering and consulting solutions to public and private sector clients in the infrastructure, energy, construction, real estate and environmental markets. NV5 primarily focuses on five business verticals: construction quality assurance, infrastructure engineering and support services, energy, program management, and environmental solutions. The Company operates out of more than 100 locations nationwide and abroad in Macau, Shanghai, Hong Kong, and Vietnam. For additional information, please visit the Company’s website at www.NV5.com. Also visit the Company on Twitter, LinkedIn, Facebook, and Vimeo.
This press release contains “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. The Company cautions that these statements are qualified by important factors that could cause actual results to differ materially from those reflected by the forward-looking statements contained in this news release. Such factors include: (a) changes in demand from the local and state government and private clients that we serve; (b) general economic conditions, nationally and globally, and their effect on the market for our services; (c) competitive pressures and trends in our industry and our ability to successfully compete with our competitors; (d) changes in laws, regulations, or policies; and (e) the “Risk Factors” set forth in the Company’s most recent SEC filings. All forward-looking statements are based on information available to the Company on the date hereof, and the Company assumes no obligation to update such statements, except as required by law.
NV5 Global, Inc.
Lauren Wright, PhD
Director of Investor Relations
NV5 Global, Inc.