Reston, Va., May 6, 2024 (BUSINESS WIRE) – Bowman Consulting Group Ltd. (Nasdaq: BWMN) ("Bowman" or the "Company"), a national engineering and infrastructure services firm supporting owners and developers of the built environment, today released financial results for the three months ended March 31, 2024. • Gross backlog2 of $330 million, compared to $252 million, a 31% increase In connection with the release of financial results the Company reported the non-GAAP financial metric of adjusted earnings per sh ...

12 DELIVERING INNOVATIVE ENGINEERING SOLUTIONS N A S D A Q : B W M N | --- | --- | --- | --- | --- | |---------------------------------------------|---------|---------|---------|---------| | | 2023 | 2022 | 2023 | 2022 | | Earnings (loss) per share (GAAP) | $(0.59) | $0.03 | $(0.53) | $0.39 | | Pre-tax basic per share adjustments | $0.79 | $0.35 | $1.78 | $1.14 | | Adjusted EPS before tax expense | $0.20 | $0.38 | $1.25 | $1.53 | | Tax expense (benefit) per share adjustment | $(0.18) | $(0.12) | $(0.04) | $ ...

Bowman Consulting Group Ltd. (NASDAQ:BWMN) Q4 2023 Earnings Conference Call March 12, 2024 9:00 AM ET Company Participants Gary Bowman - Founder and CEO Bruce Labovitz - Chief Financial Officer Conference Call Participants Brent Thielman - D.A. Davidson Jeff Martin - ROTH MKM Alex Rygiel - B. Riley Aaron Spychalla - Craig-Hallum Operator Good morning. My name is Drew, and I’ll be your conference operator today. At this time, I would like to welcome everyone to the Bowman Consulting Group Fourth Quarter and ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________________________________ FORM 10-K ______________________________________________ (Mark One) x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Auditor Firm Id: 00042 Auditor Name: Ernst & Young LLP Auditor Loc ...

RESTON, Va.--(BUSINESS WIRE)--Bowman Consulting Group Ltd. (“Bowman” or the “Company”) (NASDAQ: BWMN), today announced the scheduling of its 2023 earnings release and investor conference call along with preliminary results for fiscal 2023 Net Service Billing and Adjusted EBITDA, both non-GAAP financial measures. The Company will release its financial results for the fourth quarter and full year 2023 after the U.S. financial markets close on Monday, March 11, 2024. The Company will host a webcast to discuss ...

RESTON, Va.--(BUSINESS WIRE)--Bowman Consulting Group Ltd. (the Company or Bowman) (NASDAQ: BWMN), a national engineering services firm delivering infrastructure solutions to customers who own, develop and maintain the built environment, proudly announces the appointment of Mark Borushko as senior vice president, West. In this role, Borushko will spearhead the expansion of Bowman’s comprehensive services across the Western United States while capitalizing on emerging opportunities in the private and public ...

RESTON, Va.--(BUSINESS WIRE)--Bowman Consulting Group Ltd. (the “Company” or “Bowman”) (NASDAQ: BWMN), a national engineering services firm delivering infrastructure solutions to customers who own, develop, and maintain the built environment, today announced the acquisition of Trudell Consulting Engineers and its wholly owned Vermont Underground Locators subsidiary (collectively “TCE”), a multi-disciplinary engineering firm located just outside Burlington in Williston, Vermont. Founded in 1975, TCE works wi ...

Bowman Consulting Group Ltd. (NASDAQ:BWMN) Q3 2023 Earnings Conference Call November 7, 2023 9:00 AM ET Company Participants Gary Bowman - Founder and CEO Bruce Labovitz - CFO Conference Call Participants Aaron Spychalla - Craig-Hallum Capital Group Alex Rygiel - B. Riley Financial, Inc. Oliver Chornous - D.A. Davidson Equity Capital Markets Operator Good morning. My name is Alisa, and I will be your conference operator today. At this time, I would like to welcome everyone to the Bowman Consulting Group Thi ...

Financial Performance - Gross revenue approached $100 million, and the adjusted EBITDA margin on net revenue exceeded 18%[14] - Third quarter gross revenue increased 33% to $94.4 million compared to the same period last year, with organic growth of 11%[50] - Year-to-date gross revenue was up 36% to $253.3 million[52] - Adjusted EBITDA was up 57% to $15.1 million, with the adjusted EBITDA margin increasing 350 basis points to 18.3%[56] - Net debt decreased to just under $53 million from $61 million on June 30th[28] Revenue Diversification and Market Trends - Non-building infrastructure revenue reached 45% of total revenue, up from 30% in the year of the IPO[6] - Building infrastructure represented 55% of gross revenue, with transportation at 21% and power and utilities at 20%[51] - Nonresidential revenue represented nearly 66% of building infrastructure, or 36% of gross revenue, while residential revenue accounted for just under 19% of gross revenue[51] - The company estimates 10% to 12% organic growth is embedded in the 2024 guidance[83] Future Outlook - The company is initiating guidance for 2024 with net service billing between $345 million and $360 million, and adjusted EBITDA in the range of $56 million to $62 million[34] - Backlog at the end of the quarter was just under $300 million, with 54% in building infrastructure, 25% in transportation, 19% in power and utility, and 2% in other emerging revenue areas[57]

_____________________________________________ For the quarterly period ended September 30, 2023 Delaware 54-1762351 (State or other jurisdiction of incorporation or organization)(I.R.S. Employer Identification No.) Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit s ...