NV5 Announces Second Quarter Results; Exceeds Analyst Consensus

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

RECONCILIATION OF GAAP EPS TO ADJUSTED EPS

   Three Months Ended  Six Months Ended
   July 1, 2023  July 2, 2022  July 1, 2023  July 2, 2022
Net Income - per diluted share $ 1.00   $ 1.13   $ 1.39   $ 1.70 
Per diluted share adjustments:         
Add:Amortization expense of intangible assets and acquisition-related costs 0.49   0.50   1.13   1.06 
 Income tax expense (0.20)  (0.14)  (0.36)  (0.28)
Adjusted EPS $ 1.29   $ 1.49   $ 2.16     $ 2.48  
                               

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