NV5 Announces Record 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
   October 1, 2022  October 2, 2021  October 1, 2022  October 2, 2021
Net Income - per diluted share $         1.05   $         0.83   $         2.75   $         2.19 
Per diluted share adjustments:         
Add:Amortization expense of intangible assets and acquisition-related costs         0.59           0.57           1.66           1.77 
 Income tax expense         (0.14)          (0.15)          (0.42)          (0.46)
Adjusted EPS $         1.50   $         1.25   $          3.99     $          3.50  

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