Bowman Consulting Group Ltd. (BWMN) Tops Q4 EPS by 9c, Beats on Revenue; Offers FY25 Revenue Guidance

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Bowman Announces Record Results for Fourth Quarter and Full Year 2024

March 11, 2025 4:01 PM EDT

Strength of new orders signals continued growth for 2025

RESTON, Va.--(BUSINESS WIRE)-- Bowman Consulting Group Ltd. (NASDAQ: BWMN), a national engineering services and program management firm, today announced record financial results for the fourth quarter and full year ended December 31, 2024.

Fourth Quarter 2024 Versus Fourth Quarter 2023 Financial Results:

Gross contract revenue of $113.2 million compared to $93.0 million, a 21.7% increase Net service billing1 of $98.6 million compared to $80.5 million, a 22.5% increase Organic net service billing growth2 of 9% compared to 4% Net income of... More