Bowman Consulting Group Ltd. (BWMN) Tops Q3 EPS by 21c; Offers FY Guidance

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Bowman Announces Third Quarter 2023 Financial Results

November 6, 2023 4:05 PM EST

RESTON, Va.--(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 and nine months ended September 30, 2023.

I am extremely pleased with our strong third quarter results, said Gary Bowman, Chairman and CEO of Bowman. We delivered record gross revenue and demonstrated the margin leverage and operating cash flow our strategic growth initiative can deliver over time through increased scale. Tailwinds associated with transportation, energy and manufacturing funding are propelling... More