Bowman Consulting Group

Bowman Consulting Group Ltd. operates as a professional services firm delivering innovative engineering solutions to customers who own, develop, and maintain the built environment. It provides planning, engineering, construction management, commissioning, environmental consulting, survey, land procurement and technical services. The company was founded by Gary P. Bowman on June 5, 1995 and is headquartered in Reston, VA.

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Earnings data Q1 2023

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Earnings data Q3 2023

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Earnings data Q1 2024

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Earnings data Q3 2024

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Bowman Consulting Group achieves record revenue and growth milestones

Bowman Consulting Group's Q1 2023 performance reflects robust financial growth, increased backlog, and strategic positioning in key markets, showcasing resilience and potential for further expansion.
While facing challenges in maintaining growth rates and executing acquisitions, the company's strong balance sheet, diversified revenue streams, and growth outlook present opportunities for sustained success.
With a clear focus on long-term vision, market diversification, and operational efficiency, Bowman Consulting Group demonstrates confidence in meeting future growth targets and strategic objectives.

Bowman Consulting Group reports robust Q2 performance and growth outlook

Bowman Consulting Group delivered a strong performance in Q2 2023, driven by strategic acquisitions, organic growth, and improved operational efficiency.
While facing challenges such as a net loss attributed to labor buildup, the company remains optimistic about its future prospects, as reflected in increased guidance figures.
By capitalizing on revenue synergies, optimizing cost structures, and leveraging market opportunities, Bowman is poised for continued growth and success in the industry.

Bowman Consulting Group excels in Q3, eyes growth opportunities ahead

Bowman Consulting Group's Q3 2023 performance reflects robust growth, operational efficiency, and revenue diversification, positioning the company for continued success.
While facing challenges in sustaining growth momentum and managing debt amidst expansion, the company has opportunities to leverage industry tailwinds and government funding for future growth.
Maintaining a positive outlook for 2023 and beyond, Bowman Consulting Group aims to capitalize on strong demand, strategic initiatives, and a solid backlog to drive future financial performance.

Bowman reports strong revenue growth amidst integration challenges and optimism

Bowman's Q4 performance showcased revenue growth but was marred by integration challenges, leading to a net loss, while full-year results demonstrated strong revenue and EBITDA growth.
The company's strategic strengths lie in increased revenue guidance, focus on technology investments, and revenue diversification, positioning them for future success.
Challenges include integration issues, backlog project turnover, and potential impacts from tax positions, while opportunities in market optimism, infrastructure funds, and project visibility offer avenues for growth.

Bowman Consulting Group reports strong Q1 performance and growth outlook

Bowman Consulting Group's Q1 2024 performance reflects resilience and growth potential, supported by revenue increases and backlog expansion.
The company's strategic initiatives, including revenue diversification and acquisition integration, position it for future success and market leadership.
While facing challenges in short-term financial impacts and integration, Bowman Consulting Group is well-positioned to capitalize on growth opportunities and achieve its 2024 targets.

Bowman Consulting Group achieves record Q3 revenue, eyes strategic growth

Bowman Consulting Group's Q3 2024 performance reflects strong financial results and strategic advancements.
The company's focus on operational efficiency, leadership changes, and acquisitions positions it for future growth.
While challenges exist in meeting ambitious revenue targets, opportunities in market sectors and strategic initiatives offer avenues for expansion.

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RESTON, Va.--(BUSINESS WIRE)--Bowman Consulting Group Ltd. (the Company or Bowman) (NASDAQ: BWMN), a national engineering services firm delivering infrastructure solutions and program management services to customers who own, develop and maintain the built environment, today announced it has secured two significant contracts, with a combined value of nearly $900,000, to provide asset management and data collection services for a leading exploration and production company in the Permian Basin re.

Bowman Secures Contracts for Geospatial Data Collection and Asset Management in Texas

RESTON, Va.--(BUSINESS WIRE)--Bowman Consulting Group Ltd. (the Company or Bowman) (NASDAQ: BWMN), a national engineering services firm delivering infrastructure solutions and program management services to customers who own, develop and maintain the built environment, has been selected by the City of Boston's Transportation Department (BTD) to oversee planning, engineering and community engagement efforts for the Roslindale and Maverick Squares Transportation Action Plan and Design. The projec.

Bowman Selected for Boston's Roslindale and Maverick Squares Transportation Action Plan and Design

RESTON, Va.--(BUSINESS WIRE)-- #BetterWithBowman--Bowman Consulting Group Ltd. (the Company or Bowman) (NASDAQ: BWMN), a national engineering services firm delivering infrastructure solutions and program management services to customers who own, develop and maintain the built environment, announced today that it has been selected by J. Ranck Electric, Inc. (JRE) to lead the re-mobilization of a 64 MW direct current (DC) solar project located in Southeast Michigan. This expansion will enhance the substation's capab.

Bowman Selected to Lead Engineering and Design on 64 MW Solar Installation

RESTON, Va.--(BUSINESS WIRE)-- #BetterWithBowman--Bowman Consulting Group Ltd. (the Company or Bowman) (NASDAQ: BWMN), a national engineering services firm delivering infrastructure solutions and program management services to customers who own, develop and maintain the built environment, announced it has been awarded a multi-year assignment with the Illinois Tollway to provide systemwide, on-call construction management services. Pursuant to the award, Bowman will provide phase III construction management service.

Bowman Awarded Illinois Tollway System Construction Management Contract

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 announced that on November 29, 2024 its Board of Directors authorized an increase to its previously announced share repurchase program from $25 million to up to $35 million (of which approximately $16 million remains available). The share repurchase program will terminate on July 31, 2025. The.

Bowman Announces Authorization of an Increase in its Share Repurchase Program

Call Start: 09:00 January 1, 0000 9:45 AM ET Bowman Consulting Group Ltd. (NASDAQ:BWMN ) Q3 2024 Earnings Conference Call November 07, 2024 09:00 AM ET Company Participants Gary Bowman - Chairman & Chief Executive Officer Bruce Labovitz - Chief Financial Officer Conference Call Participants Jeff Martin - ROTH Capital Partners Aaron Spychalla - Craig Hallum Andy Wittmann - Baird Brent Thielman - D.A.

Bowman Consulting Group Ltd. (BWMN) Q3 2024 Earnings Call Transcript

Bowman Consulting (BWMN) came out with quarterly earnings of $0.30 per share, missing the Zacks Consensus Estimate of $0.44 per share. This compares to earnings of $0.34 per share a year ago.

Bowman Consulting (BWMN) Q3 Earnings and Revenues Lag Estimates

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, 2024. “I'm pleased to report that we are delivering on our commitment to profitable growth,” said Gary Bowman, Chairman and CEO of Bowman. “For the first time in our history, we exceeded $100 millio.

Bowman Announces Financial Results for Three and Nine Months Ended September 30, 2024

RESTON, Va.--(BUSINESS WIRE)--Bowman Consulting Group Ltd. (the “Company” or “Bowman”) (NASDAQ: BWMN), today announced it has entered into a definitive purchase agreement to acquire Exeltech Consulting, Inc. (“Exeltech”) based in Lacey, Washington. Exeltech specializes in bridge design, transportation planning, environmental compliance, civil engineering, landscape architecture, permitting and construction management for owners and operators of transportation infrastructure, transit facilities,.

Bowman to Acquire Exeltech, Expanding Bridge Design and Transportation Engineering

RESTON, Va.--(BUSINESS WIRE)--Bowman Consulting Group Ltd. (the Company or Bowman) (NASDAQ: BWMN), a national engineering services firm delivering infrastructure solutions and program management services to customers who own, develop and maintain the built environment, announced today that it has been selected to provide program management services for The Aurora Highlands, a 3,000-acre master planned community in Aurora, Colorado. As program manager, Bowman will oversee the design of more than.

Bowman to Lead Program Management for The Aurora Highlands, the Largest Community Development in Denver Metro Area

RESTON, Va.--(BUSINESS WIRE)--Bowman Consulting Group Ltd. (the “Company” or “Bowman”) (NASDAQ: BWMN), a national engineering services firm delivering infrastructure design solutions and project management services to customers who own, develop and maintain the built environment, today announced the completion and publication of its inaugural double materiality assessment. The assessment underscores the company's commitment to enhancing its sustainability, engagement and governance strategies a.

Bowman Publishes Initial Materiality Assessment

RESTON, Va.--(BUSINESS WIRE)--Bowman Consulting Group Ltd. (“Bowman” or the “Company”) (NASDAQ: BWMN), today announced that it will release financial results for the third quarter of 2024 after the U.S. financial markets close on Wednesday, November 6, 2024. The Company will host a webcast to discuss its third quarter results at 9:00 a.m. ET on Thursday, November 7, 2024. Bowman Chairman and CEO, Gary Bowman and Chief Financial Officer, Bruce Labovitz will host the call. Webcast To attend the l.

Bowman Consulting Group Announces Dates for Third Quarter 2024 Earnings Release and Webcast

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, has entered into a $1.2 million contract from a leading exploration and production company to provide comprehensive asset management and regulatory compliance tracking services for over 1,000 wells in the Delaware Basin, Texas. Bowman's scope of work includes c.

Bowman Awarded Contract for Asset Management and Regulatory Compliance Tracking in Delaware Basin

RESTON, Va.--(BUSINESS WIRE)-- #BetterWithBowman--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, has been contracted by Virginia Department of Transportation (VDOT) to provide survey, right-of-way (ROW) and utility relocation engineering for 13 separate projects throughout Virginia. The assignments include the I-64 Hampton Roads Express Lanes (HREL 1A), a.

Bowman Contracted to Provide Support Services for Virginia Department of Transportation Design-Build Projects

RESTON, Va.--(BUSINESS WIRE)--Bowman Consulting Group Ltd. (the Company or Bowman) (NASDAQ: BWMN), a national engineering services firm delivering infrastructure design solutions and project management services to customers who own, develop and maintain the built environment, today announced that Michael Bruen notified the Company of his planned retirement, effective as of January 3, 2025, and his resignation as President of the Company and as a member of the Company's board of directors, effec.

Bowman Announces Planned Retirement of Michael Bruen

RESTON, Va.--(BUSINESS WIRE)-- #BetterWithBowman--Bowman Consulting Group Ltd. (the Company or Bowman) (NASDAQ: BWMN), a national engineering services firm delivering infrastructure design solutions and project management services to customers who own, develop and maintain the built environment, has been contracted by the Illinois Department of Transportation (IDOT) to provide corridor management and design services for a 15.6-mile corridor of I-55. “We are excited to start working on the highly impactful and inno.

Bowman Contracted by Illinois Department of Transportation for I-55 Corridor Rehabilitation Project

RESTON, Va.--(BUSINESS WIRE)-- #BetterWithBowman--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, has been contracted to commence engineering services impacting safety improvements along portions of Roosevelt Boulevard (US 1) in Philadelphia, PA. Key elements of the assignment include intersection modifications, traffic signal enhancements, pedestrian accom.

Bowman Contracted for Comprehensive Roadway Improvement Project in Philadelphia

RESTON, Va.--(BUSINESS WIRE)-- #BetterWithBowman--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, has been contracted to immediately commence survey services for Taxiway V as part of the Fourth Parallel Runway Program at Charlotte Douglas International Airport (CTL) in Charlotte, NC. Bowman's scope of work includes comprehensive survey services for the new.

Bowman Contracted for Taxiway Survey Services at Charlotte Douglas International Airport

Bowman Consulting Group Ltd. (NASDAQ:BWMN ) Q2 2024 Earnings Conference Call August 7, 2024 9:00 AM ET Company Participants Gary Bowman - Chairman & Chief Executive Officer Bruce Labovitz - Chief Financial Officer Conference Call Participants Aaron Spychalla - Craig Hallum Andy Wittman - Baird Brent Thielman - DA Davidson Alex Rygiel - B.

Bowman Consulting Group Ltd. (BWMN) Q2 2024 Earnings Call Transcript

Bowman Consulting (BWMN) came out with a quarterly loss of $0.03 per share versus the Zacks Consensus Estimate of $0.27. This compares to loss of $0.04 per share a year ago.

Bowman Consulting (BWMN) Reports Q2 Loss, Misses Revenue Estimates

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 six months ended June 30, 2024. “Despite challenges we faced this quarter with conversion of awards to revenue, our sales are strong, our backlog is growing, and our M&A pipeline remains robust,” said Gary Bowman, Chairman and.

Bowman Announces Financial Results for Three and Six Months Ended June 30, 2024

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, has appointed Andy Raichle, PE, to executive vice president, marine engineering & climate resiliency. Andy's appointment strengthens Bowman's commitment to growing its ports & harbor practice and climate resiliency capabilities. Andy's career spans proj.

Bowman Welcomes Andy Raichle as Executive Vice President, Marine Engineering and Climate Resiliency

RESTON, Va.--(BUSINESS WIRE)-- #BetterWithBowman--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, was selected by Southwest Gas to provide on-call survey services in Western and Northern Nevada and California, marking the Company's fifth ongoing on-call agreement with the natural gas distribution company and the first in these territories. Southwest Gas pro.

Bowman Expands Southwest Gas Engagements into Northern Nevada and California

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, has appointed Gabriel Secrest, PE, to vice president of mining and west regional manager. He's succeeding Kent Lang, who is retiring after a distinguished career. Gabriel brings 18 years of experience in all facets of mining project development and execution, i.

Bowman Appoints Gabriel Secrest to VP, Mining, West Regional Manager

RESTON, Va.--(BUSINESS WIRE)-- #BetterWithBowman--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, has completed the installation and activation of its first company-owned, stand-alone electric vehicle (EV) charging stations at its Burlington, VT-area office. The two EV ChargePoint stations are now available for public, client, corporate fleet and employee u.

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