Bowman Consulting Group Ltd. (BWMN) Misses Q4 EPS by 9c, Revenue Beats

Bowman Consulting Group Ltd. (NASDAQ: BWMN) reported Q4 EPS of $0.03, $0.09 worse than the analyst estimate of $0.12. Revenue for the quarter came in at $75.6 million versus the consensus estimate of $66.37 million.

Increasing FY 2023 Guidance:

The Company is increasing its full year 2023 outlook for Net Service Billing to be in the range of $280 to $295 million and Adjusted EBITDA in the range of $43 to $49 million. The current outlook for 2023 is based on completed acquisitions as of the date of this release and does not include contributions from any future acquisitions. Management will discuss the Company’s acquisition pipeline during its upcoming earnings call.

For earnings history and earnings-related data on Bowman Consulting Group Ltd. (BWMN) click here.

You May Also Be Interested In

• Tesla plans 'flying' Roadster stunt at SpaceX Texas site as early as August
• Algorhythm Holdings (RIME) Tops Q2 EPS by 54c
• SVB & T Corporation (SVBT) Tops Q2 EPS by 275c