tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Bowman Consulting reports Q2 EPS (5c) vs (3c) last year

Reports Q2 revenue $82.755M vs $62.399M last year. “We continue to execute on our strategic growth and revenue diversification plans,” said Gary Bowman, Chairman and CEO of Bowman. “We generated record revenue and adjusted EBITDA during a quarter where we closed on five acquisitions representing approximately $36 million of annualized revenue. Our orders were strong, and our backlog increased by nearly $90 million as compared to last year. During the second quarter we increased headcount by 17%, with the majority coming through acquisitions, where we believe there is a meaningful amount of utilization optimization to be achieved over time through both revenue synergies and work sharing. We continue to feel confident about our execution and performance as reflected by our increased financial guidance.”

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See the top stocks recommended by analysts >>

Read More on BWMN:

Disclaimer & DisclosureReport an Issue

1