NV5 Global, Inc.

your organic growth so last quarter you were expecting five to seven percent organic growth and I noticed on your slide deck this time that you have it at five to nine percent organic growth so I was wondering which of the businesses um that you that you have in the organic base has improved since last quarter to um give you that confidence well uh Andy this is Dick uh good to good to hear from you again

Let me give an overview. We measure our growth not by just aspirational, but what is the backlog? So we've seen significant growth in the backlog of our infrastructure business. We've seen significant growth in our technology business, specifically those with the data centers. And we expect to see further growth with the software business in support of of our geospatial services. And I'll mention a little bit more in the concluding comments, but we measure our, so we're optimistic about the organic growth really based on the backlog that we have going forward.

Yeah. Okay. Just last question for me. I guess, Dick, this one's probably for you. NV5 has never been a company to really do a lot of buyback or I don't think any buyback, but the stock is obviously less expensive than it's been in the past. And it sounds like from your overall tone that while M&A is still very much a part of your culture and it always has been, it sounds like there's a little bit more focus on organic maybe today or the last few quarters than there has been over the last few years. And so that brings into the question, like as your balance sheet continues to cash flow better, what you're going to do with the cash. And I was just wondering if buyback is something that you've thought about or considered before In terms of your capital allocation strategy and to go forward, basically.