NV5 Announces Third Quarter Results; Exceeds Analyst Consensus

* Acquisition-related costs include contingent consideration fair value adjustments.

RECONCILIATION OF GAAP EPS TO ADJUSTED EPS

   Three Months Ended  Nine Months Ended
   September 30,
2023
  October 1, 2022  September 30,
2023
  October 1, 2022
Net Income - per diluted share $ 0.86   $ 1.05   $ 2.24   $ 2.75 
Per diluted share adjustments:       
Add:Amortization expense of intangible assets and acquisition-related costs 0.85   0.59   1.98   1.66 
 Income tax expense (0.20)  (0.14)  (0.55)  (0.42)
Adjusted EPS $ 1.51   $ 1.50   $ 3.67     $ 3.99  

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