Revenue Growth
Third quarter revenue grew substantially year-over-year to $473.9 million, reflecting a 2-month contribution from NV5 following the August closing. Combined year-to-date revenue growth was approximately 4.7%.
Consulting Engineering Segment Expansion
The Consulting Engineering segment experienced double-digit growth, driven by data center work for hyperscaler clients, expanding both domestically and internationally.
Strong Geospatial Performance
Geospatial data collection and analytics services showed mid-single-digit growth with compelling margins, supported by healthy utilization and increased demand in aerial hydrospatial.
Increased Synergy Targets
Integration efforts have increased cost synergy targets from $20 million to $25 million, expected to be fully realized by mid-2027.
Strong Balance Sheet and Liquidity
Completed a $250 million private placement, strengthening the balance sheet and providing flexibility for growth opportunities.