Stock Track | Tic Solutions Soars 10.53% in Pre-Market on Strong Q1 Revenue Growth and Reaffirmed Guidance

Stock Track
May 06

Tic Solutions' stock surged 10.53% during pre-market trading on Wednesday, following the release of its first quarter 2026 financial results.

The company reported record quarterly revenue of $488.0 million, more than doubling from $234.2 million in the same period last year. This dramatic increase was primarily driven by the inclusion of results from the NV5 acquisition. Adjusted EBITDA also showed significant improvement, rising 123% year-over-year to $57.7 million, while the gross profit margin expanded to 33.1% from 18.6%.

Management reaffirmed its full-year 2026 outlook, expecting revenue between $2.15 billion and $2.25 billion and Adjusted EBITDA in the range of $330 million to $355 million. The board also authorized a new $200 million share repurchase program. CEO Ben Heraud stated the company is off to a "healthy start in 2026" and expressed confidence in the integration of NV5 and the combined platform's market exposure.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10