NV5 Global aims for $1.6 billion revenue by 2028, stocks rise

Investing.com -- NV5 Global has seen its shares increase by up to 5.4% aftercompany announced that it plans to achieve $1.6 billion in annual revenue by 2028.

NV5 said that the $1.6 billion revenue target by 2028 will be achieved through the organic growth of the company's existing capabilities, as well as strategic investments in tech-based solutions and high-growth sectors.

"As we enter this new phase for NV5, our growth will continue to be driven by entrepreneurial professionals striving to deliver unique value to our clients through technical excellence, cross-selling initiatives, and technological innovations," Ben Heraud, CEO of NV5 said in a press release.

In addition to this, NV5 Global has also entered 2025 with a budget that surpasses $1 billion in gross revenue.

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Source: Investing.com