NV5 Global, Inc.

Good afternoon, everyone, and thank you for participating in today's conference call to discuss NV5's financial results for the third quarter of 2021. Joining us today are Dickerson Wright, Chairman and CEO of NV5, Edward Kodispody, CFO of NV5, Alex Hockley, President and COO of NV5, Mark Abato, President and COO of NV5 Geospatial, and Richard Tong, Executive Vice President and General Counsel of NV5. I would now like to turn the call over to Richard Tong.

Thank you, Operator.

Welcome, everyone, to NV5's third quarter 2021 earnings call. Before we proceed, I would like to remind everyone that today's discussion contains forward-looking statements about the company's future business and financial performance. These are based on management's current expectations and are subject to risks and uncertainties. Factors that could cause actual results to differ materially from these statements are included in today's presentation slides in our report on file with the SEC. During this call, GAAP and non-GAAP financial measures will be discussed. A reconciliation between the two is available in today's earnings release and on the company's website at www.nv5.com. Please note that unless otherwise stated, all references to third quarter 2021 comparisons are being made against the third quarter of 2020. In this presentation, NV5 has included certain non-GAAP financial measures as defined in Regulation G promulgated under the Securities Exchange Act of 1934 as amended. These non-GAAP financial measures included in this presentation are adjusted earnings per share, adjusted EBITDA, and adjusted EBITDA margin. NV5 provides non-GAAP financial measures to supplement GAAP measures as they provide additional insight into NV5's financial results. However, non-GAAP measures have limitations as analytical tools and should not be considered in isolation and are not in accordance or a substitute for GAAP. In addition, other companies may define non-GAAP measures differently, which limits the ability of investors to compare non-GAAP measures of NV5 to those used by peer companies. All forward-looking statements are based on information available to the company on the date hereof, and the company assumes no obligation to update such statements except as required by law. A webcast replay of this call and its accompanying presentation will also be available via the link provided in today's news release on the Investors section of the company's website. We will begin the call with comments from Dickerson Wright, Chairman and CEO of NV5, before turning the call over to Edward Kodispony, Chief Financial Officer, for a review of the third quarter 2021 results. Dickerson Wright will then provide closing comments before we open the call for your questions. Dickerson, please go ahead. Thank you, Richard, and thank you to everyone joining us for NV5's third quarter 2021 conference call. Many of you have the Q3 presentation deck, so I will be referring to it in our presentation today. Please turn to slide five where we will provide an overview of NV5's performance in quarter three. Gross revenues of $186 million and adjusted EBITDA of $35 million were our highest to date. We also had strong adjusted earnings per share of $1.25, and our margins continued to expand versus last year. The focus on the NB5 business model resulted in sustainable, industry-leading margins, a record backlog to date, and a resurgence of geospatial contract awards. Mergers and acquisition activity is also very high. Therefore, we can better focus on high margins, high growth sectors. We have multiple potential acquisition opportunities in due diligence, and our pipeline of opportunities is growing. We strengthened our position on energy efficiency and decarbonization in quarter three with the acquisition of Sage, which we will speak to in more detail later in the presentation. So now let's turn to slide six. You can see our launch of NV5 CSG solutions to help our clients reach their goals for a sustainable and socially responsible future. ESG will be a focus of all of the MD5 verticals. Now let's turn to slide 7, where we will give more detail on our recent acquisition of Sage Renewable Energy Consulting. Sage complements our existing verticals and has a positive influence on the organic growth of our energy and efficiency service offering, as well as our infrastructure service vertical. Sage has a history of managing clean energy programs, having supported over $2 billion in clean energy projects. On slide eight, Alex Hopman, MD5's president and CEO, will provide an update on our historic service verticals for quarter three.