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

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Bowman Announces Record Full Year 2022 Revenue and Adjusted EBITDA

March 9, 2023 4:10 PM EST

RESTON, Va.--(BUSINESS WIRE)-- Bowman Consulting Group Ltd. (Nasdaq: BWMN) (Bowman or the Company), a national engineering services firm supporting owners and developers of the built environment, today released record financial results for the year ended December 31, 2022.

During 2022, our first full year as a public company, we exceeded expectations and delivered on our commitment to strategic growth, said Gary Bowman, Chairman and CEO of Bowman. We generated record revenue, doubled our adjusted EBITDA, added close to 700 professionals, and made meaningful progress on margin expansion. During the year we closed on eight acquisitions representing over $60... More