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Bowman Consulting Group Ltd (OQ:BWMN)

Business Focus: Construction & Engineering

Sector:  Industrials Industry:  Construction & Engineering
 
See Regulatory Filings on SEC
Company Contact
Address: 12355 Sunrise Valley Drive, Suite 520
RESTON VA 20191
Tel: 1-703-7873403
Website: https://bowman.com
IR: See website
Key People
Gary Bowman
Chairman of the Board, President, Chief Executive Officer
Bruce J. Labovitz
Chief Financial Officer, Executive Vice President
Michael G Bruen
Chief Operating Officer, Executive Vice President, Director
Robert Hickey
Secretary, Chief Legal Officer
   
Business Overview
Bowman Consulting Group Ltd. is a national engineering services company engaged in delivering infrastructure solutions to customers who own, develop, and maintain the built environment. It provides a variety of planning, engineering, geospatial, construction management, commissioning, environmental consulting, land procurement and other technical services to customers operating in a diverse set of regulated end markets. It works as both a prime and sub-consultant for a broad base of public and private sector customers that generally operate in regulated environments. Its public sector assignments originate from customers that are transportation departments, utilities, government agencies (federal, state, and local), military branches, school systems, water authorities and other general infrastructure operators. Its private sector customers include owners and operators from multiple industries, such as investor-owned utilities, participants in the renewable energy and others.
Financial Overview
For the three months ended 31 March 2024, Bowman Consulting Group Ltd revenues increased 25% to $94.9M. Net loss totaled $1.6M vs. income of $537K. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net loss reflects Selling, general and administrative increase of 33% to $44.7M (expense), Depreciation and amortization increase of 68% to $6M (expense).